While many pundits have a variety of reasons to spin their political predictions, The Kiplinger Letter attempts to give investors and businessmen their honest predictions. The October 20 issue leads with the midterm elections, and they do not see the Republicans as doing very well. They believe Democrats may pick up twice the fifteen House seats needed to take control and warn that Democratic prospects to control the Senate are looking better. (The Washington Post today also notes that the Democrats have strengthened thier chances for taking control of the Senate).
The Kiplinger Letter leans Republican but they do not share the total paranoia of Democrats as is seen in most of the right wing media. Rather than perpetuating the right wing claims that Democrats are practically socialists who will be hostile to business, they consider Harry Reid, as well as Chris Dodd and Max Baucus who would likey chair the Banking and Finance Committees, to be pro-business.
Perhaps they should also point out to their subscribers who are more nervous of Democratic control of Congress how the stock market typically performs better under Democrats, and the deficit would certainly be lower than under the current government.
