A True 50-50

I would have to say that the most amazing story this week wasn’t in the financial news at all, although maybe it should be.

Senator Tim Johnson underwent successful surgery to relieve bleeding in his brain and treat a congenital malformation of his arteries. He is nevertheless in critical condition and so may Senate. The Democrats currently hold a 51-49 majority. In the case that Senator Johnson will not return, South Dakota Governor Mike Rounds, a Republican, may appoint a Republican replacement. The 50-50 vote would then be decided by Vice President Dick Cheney. (So he is necessary).

The fate of some of America’s most important decisions may shift views overnight. I bet you nobody called this one.

Full Story from Bloomberg

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