Mr. Shaman
Senior Member
- May 4, 2010
- 23,892
- 822
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If you understand what motivates a person, what their beliefs are, their opinions, positions, then it makes it easier to vote for them.
Conservatives are anti education. They knew nothing about Iraq or Afghanistan. They know nothing about Muslims. Nothing about drilling. Nothing about the economy.
....And, when someone saves their ass....ONE MORE TIME....they STILL find something to whine-about.....
"Barack Obama, it might seem, should be privy to unlimited free pints in the pubs of Wall Street. Since he took the oath of office in January of 2009, the Standard & Poors 500 Index, including dividends, has very nearly doubled. The country has added $7.3 trillion in market capitalizationan indisputably huge boon to both garden-variety retirement account holders and one-percenters. The six biggest banks just enjoyed their best 12 months since before the financial crisis. In some respects, its as if 2008 never happened.
Indeed, Obama is just one of five presidents since 1900 to have overseen at least a 50 percent jump in the stock market during their first three years in office, joining the non-sequiturian class of Coolidge, FDR, Eisenhower, and Clinton. A positive $7.3 trillion sound byte should seem irresistible, especially for a campaign hard-pressed to brandish financial accomplishment.
Contrary to popular belief, U.S. markets have fared substantially better under Democratic presidents. According to Barclays Research and the Economist, since 1929 donkey White Houses have bested elephant ones to the tune of a 10.8 percent average annual return compared with 2.7 percent. Of course, a president exerts only so much control over the economy and markets, which have to process everything from interest rates and war to oil shocks, financial scandals, and bubble-blown euphoria and panic.
At Wednesdays Big Picture conference in Manhattan, investor Jim Bianco said the market has pulled back since Obamas bum debate showing, reflecting the greater odds of fiscal and monetary hawks assuming power.
The market, insists Valliere, wants Romney, period. Market pros concede that the stock market has done well, but the vast majority of these people are convinced that the market has risen in spite of Obama, rather than because of him.
So you can see why Obama might steer clear of touting the bull market. He doesnt much need a sequel to you didnt build that.
Is it any wonder we STILL allow Republican-nominees anywhere NEAR The Oval Office??!!!