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Friday, August 27th, 2010

Honey, I Shrunk My Approval Ratings
“The Architect,” Karl Rove, joined Sean in the show’s first hour to discuss his most recent op-ed article which appeared in yesterday’s Wall Street Journal { Article}. Rove describes one of the all-time presidential PR disasters – the White Houses’ so called “summer of recovery.” Earlier this month, first-time claims for unemployment hit a nine-month high. The unemployment rate has held steady at a staggering 9.5%. Sales of existing homes dropped 27% from June to July, hitting the lowest point since data were first collected in 1999. Rove described to Sean how this helped contribute to Obama’s plummeting approval ratings. “Obama’s credibility is crumbling,” said Rove. “By overselling the stimulus before its passage in 2009 and exaggerating its benefits with layer upon layer of slippery half-truths in 2010, Mr. Obama has made voters angrier.”

Political Tsunami In November?
Guests Mary Matalin and Bob Beckel joined Sean and debated the possibility of a “political tsunami” in this year’s elections. “The numbers started turning [against the Democrats] with the revelation that the stimulus was more pork than productivity,” said Matalin. “The issue is the economy and there isn’t a day that there isn’t bad news in the present or on the horizon. And that trajectory isn’t going to change.” Bob Beckel agreed but discounted some of the early poll results that show Democrats losing badly. “I discount polls in August, I always have,” said Beckel. “However I do agree with Mary, it’s going to be a bad November for [Democrats], there is no question about it. Right now I think the House of Representatives is in serious jeopardy, but I don’t believe the Senate is,” Beckel concluded.

Financial Friday With Stuart Varney
The news about the economy this week seemed to get worse every day. GDP has slowed to a crawl and many economists have begun to forecast a double dip recession. The Hannity Show’s financial expert, Stuart Varney, spoke with Sean about the rapidly decaying economy. “This week has been about the worst week for news about the economy that I can remember in a long, long time. Clearly this economy is spiraling down, and I think it’s headed towards recession. This wasn’t supposed to happen. We spent a trillion dollars [on the stimulus] and it hasn’t worked. A recession is just around the corner. It is a very bleak picture,” said Varney.

Show Guests

Mary Matalin

Mary Joe Matalin (born August 19, 1953) is an American political consultant, well known for her work with the Republican Party. She was an assistant to President George W. Bush and counselor to Vice President Dick Cheney until 2003. Matalin has been chief editor of Threshold Editions, a conservative publishing imprint at Simon & Schuster, since March 2005. She is married to Democratic political consultant James Carville. She appears in the award-winning documentary film Boogie Man: The Lee Atwater Story.

Karl Rove

Karl Christian Rove (born December 25, 1950) was Senior Advisor and Deputy Chief of Staff to former President George W. Bush until his resignation on August 31, 2007. He has headed the Office of Political Affairs, the Office of Public Liaison , and the White House Office of Strategic Initiatives . Since leaving the White House , Rove has worked as a political analyst and contributor for Fox News , Newsweek and The Wall Street Journal . For most of his career prior to his employment at the White House, Rove was a political consultant almost exclusively for Republican candidates. Rove's campaign clients have included Bush (2000 and 2004 presidential elections, 1994 and 1998 Texas gubernatorial elections), Senator John Ashcroft (1994 U.S. Senate election), Bill Clements (1986 Texas gubernatorial election), Senator John Cornyn (2002 U.S. Senate election), Governor Rick Perry (1990 Texas Agriculture Commission election), and Phil Gramm (1982... More >

Stuart Varney

Stuart Varney is a conservative British-American economic journalist, currently working for the Fox News Channel and the Fox Business Network in the United States. Varney joined Fox News in January 2004 as a business contributor on many shows, such as Your World with Neil Cavuto. Varney will also occasionally serve as guest host for Your World and the shows on the Cost of Freedom business block.