Because of the ongoing McCain-Palin campaign crash and burn, the term dead cat bounce is in the news. What, pray tell, is a dead cat bounce?It is a figurative term first used by traders in the financial industry in the mid-1980s to describe a pattern where a stock price plummets and then is followed by a moderate and temporary rise before resuming its free fall. It is derived from the notion that even a dead cat will bounce if it falls from a great height.More here.
Then there is another divine turn of phrase, dog whistle politics.
Dog whistles are built in such a way that humans cannot hear them due to their high frequency, but dogs can. Similarly, dog-whistle politics uses coded language that appears to mean one thing to most people but has a more specific meaning for targeted subgroups, in McCain's case racists and Evangelicals, among others.More here.
Editors note: The cat in the photograph is not dead.
2 comments:
Cute live cat picture!
Thank you for explaining the dead cat bounce, and dog whistle politics!
Yesterday was the first time I heard of this bounce, and I meant to get around to looking it up. Huzzah, now I have learned something new!
Nice definition. We have a great definition at stopdogwhistleracism.com, where we're tracking the good, bad and ugly from the left, right and center.
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