Wednesday, January 20, 2010
The stock market politic
Alaska versus Massachusetts? Now we have a credible candidate."President" Brown is already making the front page of Drudge!
Remember how they always tell you to buy when everyone is selling? What do you do though, when the market has rallied tremendously, but you have a panic in Washington?
Aren't you supposed to buy panic?
You don't think that Washington still just blames the economy for the Democratic losses that we've witnessed?
At the market bottom, some of the smart shorts, broke ranks, and bought the shares their buddies were shorting, who were still trying to break the market. They ate their young.
Now we'll have Washington braking rank to keep their jobs.
It's time for them to eat their young!
And that panic in DC, will translate into more spending, more stimulus, and more revenue growth for companies.
It will be the panic to pump the economy up!
Because does anybody think this election was just lost because Martha didn't know Kurt Schilling?
A year ago, during honeymoon times, the only panic that Obama talked about was ice on the roads:
"Can I make a comment unrelated to the economy?," he asked in the White House Roosevelt Room, surrounded by corporate chieftains and his economic advisers (who was going to say 'no, Mr President, stick to the topic'?). "My children's school was canceled today, because of what? Some ice," he said, and all at the table started laughing.
"As my children pointed out, in Chicago school is never canceled," he said, joking about how Chicago schoolchildren even go outside to play on snow days.
Obama then pledged to instill "some flinty Chicago toughness" in the nation's capital.
"When it comes to the weather, folks in Washington don't seem to be able to handle things," he said.
Well, things have really gone full circle haven't they?
Spring is coming, and Washington DC is now skating on thin ice!
Time to pump things up!
Because no-one in the Nation's Capital wants to be carried out in a coffin designed by Scott Brown!
Posted by Palmoni at 9:18 AM