November 2009 Archives

Last night, in a show of Party unity, Democrats, and two Independents, voted last night to move health care reform legislation to the Senate floor for public debate. Republicans, to a person, voted to shut health care reform down, before it could be debated on the Senate floor. Regardless of what one thinks of Sen. Harry Reid personally. or politically, this was a victory for him and his skill as majority leader.

Investing and Politics

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Capitol-Markets.jpgIf folks stowed their money away in fixed rate investments during the latter part of the Bush economy, and then reallocated that money into stock investments for the Obama economy, those folks have to be pleased at having saved as much as a 50% loss at the end of the Bush economy, and approaching as much as a 50% gain during this Obama economy, starting in March of this year.

Of course, President's don't control the stock markets. Myriad factors, most knowable, some not, play roles in the direction of market investments. The trick is to acknowledge and accept the trends without prejudice, political or otherwise. As far back as 2006 and 2007, there were clear indications the Bush economy was going to implode.

Some Republicans are calling for Term Limits of those in Congress. When you are done laughing your arse off, please continue reading. Term Limits were in the Contract With America, offered by Republicans in 1994. As soon as Republicans acquired the majority in government to enact term limits, the entire issue was never spoken of by the GOP again. Until now, that is. Now, that they are the diminished minority, again.

Failure in Washington is not an option. America last year finished its long circular journey from 1940 to return to the precipice of national collapse. Unlike 1929, however, instead of taking that next drop off step, we sidestepped along the edge of the precipice, where we still remain today; at the edge.


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