September 11, 2008
– Comments (22)
If you think politics has nothing to do with the market, you are an idiot and you should not be buying individual stocks.
Example: Putin's decision to invade Georgia sent the Russian stock market down 40% in less then 30 days. Chinesse political decision to raise interest rates 6 times has sent their stock market down 60% in a year. So politics has a HUGE impact on the markets and economy. Confidence in your leadership plays a large role in the over all peace and stability of a nation. All civilized people crave the same peace and stability, with out good leadership it can very precarious for any nation future.
Damon Condemns Palin
"I don't see the difference between the two cannidates"
Video: Ron Paul rejects McCain campaign plea for endorsement
Jon Stewart Annihilates Sarah Palin's Media Surrogates
None of the above should be a category this year. Matt's point about the actuary tables is pretty scary, but then so is the potential for $1000 energy rebate checks funded by windfall proft taxes on oil companies.
"I need to know if she really thinks dinosaurs were here 4,000 years ago. That's important.. I want to know that, I really do. Because she's going to have the nuclear codes. I want to know if she thinks dinosaurs were here 4,000 years ago. Or if she banned books or tried to ban books. I mean, we can't have that."
Matt Damon -
The quote will stand the test of time. I guess Sarah Silvermen had it right after all.
To Matt Damon's question on how did we get so close to Palin's presidency, you can enjoy the commentary here on Houston Chronicle blogs. It is just fine with majority of Houston residents.
Can you tell I have very hard time living here in Houston. But it is too cold in North-East for my taste -))
FYI - Taken from Vox Popoli
Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-20081. Dodd, Christopher D-CT $133,9002. Kerry, John D-MA $111,0003. Obama, Barack D-IL $105,8494. Clinton, Hillary D-NY $75,550
What can be done about it? We are trapped in this 2 party nonsense and we can't even try to get out because the elections are so close. (on purpose) They know what they are doing and it's not going to stop.
Great attitude Brad. Why bother with activism when complacence is such an effortless alternative. Go America!!!
Activism is for pu$$i2s. America isn't broken because of a lack of activism. Last time I checked there are pleanty of people sounding off. Actions change things and
-Voicing your displeasure doesn’t quallify as action.
When people decide to put boot to ass is when you will see changes. For the record, I will be glad to be a part of that kind of "activism"
I saw this on the CNN blog and this is very disturbing.
These are apparantly suporters in Fairbanks.
Activism is for pu$$i2s.... When people decide to put boot to ass is when you will see changes. For the record, I will be glad to be a part of that kind of "activism"
pu$$i2s? I don't get it. Pundits? Publics? Puppies?
You would have us believe that an adult that is afraid to spell out a profanity (anonymously) for fear of upsetting strangers on a Disneyfied stock picking website is going to put "boot to ass"? I'm calling bullshit.
? OK Blake, You the man now dog. I will yeild to your amazing powers of activsm.
I wish I had time to check right now but I do not think that data is likely to be accurate or representative of FNA contributions. Over 20 years they get $100,000.? That is an extraordinay pittance and a red flag to an inaccuracy. It may be true but on first look, I doubt it.
The numbers are correct, but those figures include contributions from individual employees of Fannie & Freddie. If the corporations were out to win favors, I assume they would be willing to contribute more than $10,000/year.
Forgot a link - http://www.politico.com/news/stories/0708/11781.html
Open Secrets does alot of good work, your numbers are accurate, from what is the best source available.
The results change a little when PAC contributions are added, which better represent the total amount given. Failing to include them is a little misleading but I have seen much worse.
This page shows what has been given to each Party over the years. Once you get there, for perspective for anyone who is interested, check out the oil industry, who give to Repubs, and the unions, who give to Dems.
Great clip with Matt Damon. Although everybody will dismiss him by saying: "Hey, he's from Hollywood!"
Yes, the Russian stock market corrected 40%+. But so has the Brazilian stock market. Did they invade a country too? No, the markets dropped that much because these are commodity stories. And since there is panicked sell off recently in comms both markets are affected at the same degree.
Also note that stock markets in the developing world are usually much more volatile than markets in developped countries.
I agree though that the USA could need a multi party political system. Also, the presidential election process should last only months, instead of years. That would also preserve the voters some money.
Damn those are some lips.
I enjoy Matt Damon as an actor and if I comb my hair right I look like him in Good will hunting. Sara Silverman isn't funny.
I'm not really sure how our country ended up with a 2 party system and the rest of the world has more choices.
Do you think (military withstanding) that the Executive in the U.S. is more or less powerful than say the Executive of Germany or France? (I guess we inheritited the 2 party system from England. They only have 2 real parties don't they)?
ALCON, Thank you for the replies. I am supporting a third party candidate. BradAllenton (82.62) wrote: What can be done about it? Vote support third party candidate. FoolishChemistWhat a picture… tells a lot actually.devoish (99.65) wrote: Good call. blake303 (< 20) wrote: Good link. I suspected my numbers were on the low side. Gemini846 (< 20) wrote:
Not sure how we got suck with this two party Charade. The founding fathers were against it.
Matt Damon ?!#&@! lol
Who is John Galt?
Just got back from a mini-vacation. Nice post. I too would like some clarification on exactly what Palin believes. Who do you know that honestly believes dinosaurs are only 4000 years old? I am not one for disrespecting others' religious beliefs, but damn, that is stupid. Hopefully some of her beliefs will be clarified during the debates. It seems like a non-issue, but who wants someone like that so close to ruling the free-world?