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The Dollar’s Rebounding. Choose One:
It’s the Start of Recovery
A Lot More Pain Ahead

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Commentary with

June 16, 2008
Goodwin Procter's Andrew Kirsh

A Democrat in the White House Would:

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Most Quick Poll respondents don’t seem to have a lot of confidence the Democrats would turn things around if they should be able to break an eight-year streak of having a Republican in the White House. More than half (54%) reasoned it would “Further Destroy the Economy” if a Democrat were to win the Presidential election. Far fewer (28%) agreed that it would “Turn Things Around,” and 18% believe a Democrat in charge would “Have Zero Impact Either Way.” Andrew Krish, an associate in Goodwin Procter’s business law department and a member of the firm’s real estate practice group, may hold the minority opinion under this poll, but he’s not shy about making his views known.

I think it would turn things around. It’s not so much that we’d have a Democrat in the White House rather than a Republican, but it would be better that we have an administration that’s not in bed with the oil companies.

High gas prices affect every individual aspect of the economy. If we can get someone who isn’t in bed with the oil companies, like George W. Bush and Dick Cheney—Bush’s family has ties to big oil companies, and Cheney has corporate ties to big oil companies—we may be able to get some meaningful change in legislation that would go toward affecting energy prices.

That Legislation would have to involve the US, China, India, Russia, as these are the major energy players.

Commentary Library
Newmark Knight Frank's Roseman
September 4, 2008 - 'They have to reinvent themselves.'
Cushman's Andy Merin
August 25, 2008 - ‘I think there’ll be a healthy appetite for Lehman’s portfolio.’
Passco Companies’ Carey Levy
August 15, 2008 - ‘Such projects take longer and require more money and the lenders have backed away from taking that kind of risk.’
CB Richard Ellis’ Jeff Osborn
August 8, 2008 - ‘Doom and gloom sounds like scorched Earth and the end of the world. I would have to say I wouldn’t go that far.’
GH&J's Polina Chapiro
July 28, 2008 - ‘I just think that it’s going to take time to unravel.’