Sunday, April 09, 2006

GOP Control - Gartman's Take

Luskin is convinced the GOP's odds of control of the House are related to the stock market. The NY Times would make a case for GOP sleeze. Gartman says that gerrymandering has locked in GOP control regardless, this is from Fridays Letter:

We shall reiterate what we've said many times before: the most important consideration here is that after the '00 census, the Republicans controlled the state legislatures in more than 35 of the states and it was they who redrew the congressional district maps. Rest very, very much assured that they did little to aid the Democrats, and the effect continues through today. Shall the Democrats win, on balance, a few "net" seats in both the House and the Senate? Very likely, yes, they shall. But shall they gain control of either house? Likely not.

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