-- John F. Kennedy ::
"Ask not what your country can do for you, ask what you can do for your country." January 1961
From those inspiring words to the "Life of Julia" in 50 years...how sad.
-- John F. Kennedy ::
"Ask not what your country can do for you, ask what you can do for your country." January 1961
From those inspiring words to the "Life of Julia" in 50 years...how sad.
From today till the election, I am going to talk like a Presidential candidate.
"What are you going to have for lunch, Keith?"
"That is a great question - and an important one, not just for me, but for the nation, and for the world! I will give you my answer, but first ... ask yourselves ... what are you having for lunch today? And what are your neighbours having? Because ask not what your lunch can do for you, but for your nation! Our great nation! Yes, from our farmers, and our producers, who till the soil with their bare hands, and the banks who support them, and the network that brings their produce fresh to you, and the people who make your lunch ... all these people make our nation great, and proud, and strong!"
How am I doing so far?
-- John F. Kennedy ::
"Ask not what your country can do for you, ask what you can do for your country." January 1961
From today till the election, I am going to talk like a Presidential candidate.
"What are you going to have for lunch, Keith?"
"That is a great question - and an important one, not just for me, but for the nation, and for the world! I will give you my answer, but first ... ask yourselves ... what are you having for lunch today? And what are your neighbours having? Because ask not what your lunch can do for you, but for your nation! Our great nation! Yes, from our farmers, and our producers, who till the soil with their bare hands, and the banks who support them, and the network that brings their produce fresh to you, and the people who make your lunch ... all these people make our nation great, and proud, and strong!"
How am I doing so far?
As an outsider I think that both candidates have failed to fire up the masses with a platform they can get behind. Personally I don't think it's going to make a whole lot of difference for the American people as it'll mean 4 more years of the status quo. Neither Obama or Romney are going to address the (expletive)-up that is Wall Street, and those with their hands in the pie.
While I think that the U.S is a great nation it has lost its ability to lead by example. It is now only a forefront for corporate wishes. Be damned "government of the people, by the people, for the people, shall not perish from the earth.".
Get back to your roots!
Like I said before : http://www.usatoday.com/story/money/markets/2012/11/04/election-year-stock-rally/1677947/
"A post-election stock rally is in the cards
No matter who wins the White House on Nov. 6, history says a late-year stock rally is likely as uncertainty fades and investors get a better sense of what policies will impact businesses and economic growth.
8:23PM EST November 4. 2012 - Investors worried about the tight race for the White House should relax.
History shows that during presidential election years, November and December tend to be bullish months for stocks.
Stocks in the Standard & Poor's 500 index have risen 0.9%, on average, in November during election years dating back to 1928, according to data compiled for USA TODAY by Bespoke Investment Group. December has delivered even bigger gift-wrapped gains, with an average rise of 1.7%, ranking it No. 1 of all 12 months in years voters go to the polls to vote for president.
Paul Hickey, co-founder of Bespoke, predicts stocks will close out this year on a positive note.
"We would expect … the market to rally following Election Day as some of the uncertainty from the market is lifted and the poor third-quarter earnings are digested," he says. Corporate earnings, of course, have been so-so, with only 62% of companies in the S&P 500 that have reported topping forecasts, in line with historical trends, Thomson Reuters data show. But only 39% of companies have beat expectations on revenue and sales, which suggest demand for goods and services in the economy remains tepid.
Wall Street hopes that once the next president is known, whether it be a second term for President Obama or a first term for Republican challenger Mitt Romney, many unanswered policy questions related to taxes, Wall Street regulation and health care will have more clear-cut answers.
Investors also say they will most likely have a better idea after the election if a grand bargain will be hatched between Democrats and Republicans in Congress to resolve the so-called "fiscal cliff." The cliff is a potential growth-stunting mix of tax hikes and government spending cuts that could occur Jan. 1 unless Congress acts to avert it.
"The U.S. presidential election should dominate the headlines" this week, Lewis Alexander, U.S. chief economist at Nomura, said in a client note titled, Hail to the chief.
The stock market's ups and downs this year have closely tracked the peaks and valleys normally associated with the fourth and final year of the so-called "presidential stock market cycle," Hickey says. There's typically an early-year rally, a spring setback, a summer rebound and another pullback in the fall, which normally sets the stage for a post-election rally.
Comparing stock charts from 2012 with historical patterns since 1928, the presidenial market pattern appears intact. The stock market rallied sharply from the start of the year through the spring. It then suffered a pullback of nearly 10% in late spring before rallying into October to fresh five-year highs, before cooling heading into the vote on Nov. 6.
Friday, the Dow fell 139 points, or 1.1%, to 13,093.16.
Courtesy of Bespoke, here are a few more November market tidbits of the past 100 years to consider as we go to the polls Tuesday:
• When a Democrat has won the election, the Dow has fallen 0.7%, on average in November, compared with a gain of 2.5% when a Republican took the White House.
• When the incumbent candidate has won re-election, the Dow has gained 1.3%. But when a Democrat incumbent won, the gain dwindled to 0.2%. When a challenger to a sitting president has won, the Dow has declined 0.1%.
• There has only been one time in the past 100 years when a Republican challenger has defeated a Democrat incumbent. That was in 1980, when Ronald Reagan beat Jimmy Carter. That year the Dow soared 7.5% in November."
I had no idea the odds were so far against Romney getting elected! Carter's downfall was the super high interest rates and hostage crisis. Wonder if the current situation is comparable.
-- From watching the news earlier, it is very possible that we won't know officially who's the next president of the United States of America until Wednesday. ...Or if it will still be the same president; Barack (I'd say yes).
By the way, Obama had the worst performance of any other presidents, regarding the economy (factual statistics on jobs created or not; Obama is in the negative)!
It is only from recently that the economy has picked up some momentum, in particular from the construction sector (jobs).
And no, hurricane Sandy is not part yet of that equation.
NEW YORK (Reuters) - The average U.S. price for a gallon of regular gasoline took its biggest drop since 2008 in the past two weeks, due to lower crude oil prices, a big price drop in pump prices in California and Hurricane Sandy, according to a widely followed survey released on Sunday........................
The decline was the biggest two-week price drop since the survey recorded a 21.9 cents price decline December 5, 2008 due to a crash in petroleum demand during the global recession.
Gasoline prices post biggest fall in nearly 4 years: survey - Yahoo! News
Life is funny that way.Timing is everything !
Video: Black Panthers Return to Philly Polling Place. Is that what Obama needs to win...ie: Voter Suppresion...white voters to be specific ?
http://www.breitbart.com/InstaBlog/...illy-Black-Panthers-In-Repub-Poll-Workers-out
Video: Black Panthers Return to Philly Polling Place. Is that what Obama needs to win...ie: Voter Suppresion...white voters to be specific ?
http://www.breitbart.com/InstaBlog/...illy-Black-Panthers-In-Repub-Poll-Workers-out
I can't believe you actually have the balls to post a link that reeks of a racial slant.
The Black Panthers aren't racist ? LOL.