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Name: Jay R
Location: Town of Oyster Bay, NY
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A Good Slice Of American Voters Are Going To Be Lemmings

Posted by Jay R on Thursday, October 30, 2008 10:43:45 PM
October 30, 2008
 
It is not my hope, it is my belief in as certain a fashion that you can imagine, that John McCain will be a 5 to 6 point winner on November 4. There was too much going on with Obama in the beginning and now there is stuff coming out that is patently revolting. The voters who have little education and fashion themselves as crusading idealists and envision Obama as their change maven (can be for the worse as well) are the lemmings that are the portion of the electorate that will be in the losing percentage. I have never in my life seen a media that coddles, protects and evades offering the truth to its readers as we have seen in their womb like treatment of Mr. Obama. Why are they to a newspaper, to an anchorman, to a commentator acting like this? There must be something in an Obama Presidency that puts a big gold coin or achievement certificate in their vaults. Hollywood is worse. I even saw a tape of Obama apologizing for his chronic lateness during his abrupt tenure in the U.S. Senate. To consider him as President is quizzical to begin with because of no experience as an executive, but assuming he gets there, what happens to the Jewish State? My best guess that based on what we already can surmise about Obama meaning his lukewarm history of support. Israel will have to take care of themselves. Obama's evident future policies of appeasement and diplomacy as he admits to, himself ,possibly threaded to the individuals he has surrounded at least his dinner calendar with  as reported almost exclusively by Fox News (The only source that is thorough on the Election) will not stop Israel from defending their nation . We have no way of knowing if we are going to see Obama, as the change up artist after a potential inauguration. Our system of checks and balances will not allow him to go over the top even with a Far Left group of supporters in the Congress. I still however, believe that the potato chip while watching TV crowd is going to be drowned out at the polls by the street wise, better educated in political matters and intuitive saviors who will vote for McCain-Palin slate and help the lemmings or lambs to the slaughter group from actually going over the cliff  along with the rest of us who made an informed decision.
 
The saddest part of all of this is that I was born and raised in upper Manhattan, in the City of New York, in America. Yesterday I started researching the pertinent subject matter concerning emigrating just in case. Someplace serene and definitely palm trees and warm ocean.
 
Jay R
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John McCain Was 100% Right-Keyword Fundamentals

Posted by Jay R on Monday, September 22, 2008 9:28:35 AM
September 22, 2008
 
John McCain only referred to the FUNDAMENTALS of the economy being good. You would have to be an old time stock picker like me or have knowledge of the economy or Wall Street to realize that McCain was only referring to the underpinnings of the economy such as unemployment, interest rates, GNP, consumer sentiment and other typical data that we see from time to time on our local news. Look at these figures as of the date McCain made a statement that the public did not understand because they are not versatile enough in prior economics1 education, the media too failed to investigate semantics and the Democrats thought was a big pound of fish and you will understand that the fundamentals are good. Of course there is a housing crisis, a credit crunch and layoffs, American people suffering and a troubled economy. So why is John McCain being drawn and quartered for something he never referred to and a statement that was true. McCain was too highbrow by separating the mitigating features of the total economic picture, not realizing that he was addressing an audience needing improved education, something the Obama campaign is banking on.
 
Jay R
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The Fundamentals Of The Economy

Posted by Jay R on Thursday, September 18, 2008 2:33:28 AM
September 18, 2008
Ever since I got married I never had any cash but plenty of stock playing ability which runs in my family.  I retired at 56 so here's my take about what John McCain's much criticized statement when Wall Street had another bad day and Obama blamed him for it really alluded to. I'll will take the position that John McCain s disposition was absolutely on the mark point by point.
 
1. The unemployment number in the US is a little past 6%, slightly elevated but nothing to indicate the terrible Depression that is off in the stratosphere, and that some man in the street interviews unknowingly spoke of on the networks.
2. Interest rates are historically low,certainly supporting McCain's statement
 
3.The Federal Reserve, which just recently showed an inclination to jump in, held steady a few days ago which shows their belief that this is another cyclical recession, maybe, but certainly no one human being or administrative policy in Washington can cure most components of these events. We all have been through these periods before but now that we have outsourced our jobs and become a service economy, these are two of the culprits.
 
4. When I started working for local government and began my 403B, the Dow was at 700 in  1991. We have had 500 point drops in
 1987 and I believe 1998 and scores of 200 and 300 drops. Corrections are sometimes are healthy and give intuitive stock players a chance to buy low and years later go down to Bimini for good.
 
The debacle  was not a stock market thing, the market does not desire uncertainty such as Obama being our next President. The only problem is AIG although people not familiar with Wall Street blew this up into being a run on the banks. AIG apparently had to be bailed out which may amount to 85 billion. That is a separate and unrelated issue to the other mergers and buyouts. I am now with Merrill Lynch for 20 years and our life savings are situated with my excellent financial advisor who from the beginning has been nothing more than a valued friend and practically a member of my own family. When I heard about Bank America buying them,I finished eating breakfast, called my friends at Merrill and simply told them that we will now have a stronger concern with our new owner but if my broker is not there I won't be a client either.
So the bottom line is that John McCain was only referring to the fundamentals or underpinnings of the economy, not the housing crisis, the credit crunch or any other attendant issues so he was right. Obama played the blame game and was wrong on every point. Take this advice, if you watch CNBC or Fox Financial or Bloomberg for one hour a day forever and you are shrewd enough, you can do anything with finances today and forever more.
 
Jay R
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