McCain Stocks Soaring

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I'm still trying to figure out exactly how Bush killed the economy. And i'm looking at this from a macroeconomic viewpoint because um...the large troubles do stem from macroeconomic issues.
First, I'd like to thank Bill Clinton for signing NAFTA with China after he accepted illegal contributions from them. Yes, China. Before Billy Boy left office, the trade deficit with Cihna alone exceeded $400 billion dollars. Michigan and Ohio both suffered miserably fromt the $100 billion trade deficit with Japan so Bill Clinton promised to clean that up. Meanwhile, the same problems existed because Clinton never bothered to lower the barrier to U.S. exports. What in the world is so great about Clinton to begin with? Bush was actually trying to hustle U.S. exports abroad when he ran into antiamerican sentiments. Nice job.
Next, I would also like to thank Bill Clinton for passing the Gramm, Leach and Bliley Act. He also supported the CRO. The derivative market started under Bill Clinton's presidency.
Next comes the dilemma of our relations with the Middle East. Now why are we supporting them if they hate us so? We should be able to drill offshore and in Alaska until alternative fuels become AFFORDABLE and abundant for mass use?
And the coal plants in Ohio and Pennsylvania, is it really necessary to bankrupt these guys to make coal cleaner? Do liberals care that all of these employees will be out of work? Or to pimp out the biofuels? I think Obama got lobbied to do that.
But anyways, the typical "enlightened" Obama supporter I ran into couldn't tell the difference between Indonesia and Japan. the reason why Obama had such a nasty campaign is because they didn't want to address the issues. they did so because they couldn't.
McCain is a little too far left for me, and how Obama got the presidency goes against the grain of common sense.

notanobamasupporter of CA 5:46PM November 06, 2008

sub prime mortgages are NOW Bush's fault?! where were you when Clinton himself STATED it's the fault of the Dems. THEY did this. They refused to rein in Freddie and Fannie. McCain tried to introduce legislation that would control them, he called THIS very issue YEARS ago. The Dems said: won't happen.
McCain is NOT a Bush. He has his own policies and agenda. And if anyone TOOK the time OR cared to find out the truth, they would see that McCain during his (so far) Senate career has voted liberally 54%. That's NOT another Bush presidency. No matter how much you want to spin it.
Regarding helping others get wealthy: IF they want to work hard and save: they TOO can become wealthy. Everyones idea of wealthy is something different. Mine is having enough so that IF I want to help out my elderly parents, or gosh forbid! send my kids to college! I won't suffer too much. But I'm not looking for anyone to 'help me out'. I figured that the American Dream was in place. IF I want it: I'd better be willing to work for it. And save my money.
I have NO desire to help others become wealthy outside of my own family. I will never believe that it is MY job to give MY money over to others so they can have what I have. And I don't expect anyone to give me what they have either. They earned it.

TC of 11:52AM November 06, 2008

Don't believe me? Google it.

of 10:40PM November 05, 2008

The whole "Republicans are good for business" meme is largely a myth, anyway. Granted, it's a myth that corporate CEOs are happy to disseminate, but since 1950 the Dow has performed substantially better under Democratic administrations than Republican administrations - and that's true even if you toss out all 8 Bush years as an outlier due to exceptional circumstances.
Nevertheless, corporate management does tend to skew R. Perhaps that's because they're voting their own, personal interests (eg Republican-led shifting of the tax burden back onto the poor and middle class), and not the interests of their shareholders...

of CA 10:26PM November 04, 2008

I would love it if McCain won, but my expectations are still he loses. The fact it is looking close at 6:48 p.m. EST is good, but hardly proof McCain will win. To suggest the markets anticipated a McCain win a few hours earlier is

Joe of VA 7:23PM November 04, 2008

No one in his right mind thinks that a communist like Obama is going to be good for capitalists.

Warden of OH 7:11PM November 04, 2008

Uh, according to UHHBAMA, CNN, and everyone Democrat, businesses had a record 8 years under Bush. If ANYONE can show stats otherwise, please link. Yes, that's a challenge.

Tommy of AL 7:05PM November 04, 2008

Heh.
An "unknown".
He may BE an unknown, but he does not offer an unknown. Turn off the teleprompter during the past ten months, and he told all of us what he would do.
Taxes? Going up. He will purposefully let the 2002 tax cuts expire, thus raising taxes on 100% of us. Not a typo -- 100%.
Constitutional rights? Kiss them goodbye. The only contest will be to see which Amendment he tries to kill first -- the 1st or the 2nd.
Foreign affairs? Yikes. If you live in Tel Aviv - move. Your days are numbered.
Economics? Double-plus ungood. First we watch the Dems balloon the mortgage market by forcing banks to make subprime loans for "social reasons", then they run interference in Congress when the Administration tries to put some oversight on Fannie and Freddie in 2004....then we watch the Dems blame the whole mess on Bush/McCain when it blows up...as they knew it would. Priceless.

Paul of AL 7:02PM November 04, 2008

Experience offers stability in a time of crisis & contrary to those leaving comments -- it is McCain (not Obama) who has committed to eliminating the deficit, has economic policies design to create job, and who warned about the pending subprime mortgage process by co-sponsoring a bill to regulate Fannie Mac and Freddie Mac. Those of you who claim otherwise need to: 1) study economics; and 2) take off your rose-colored glasses!

Brett of MI 6:57PM November 04, 2008

That's freaking scary, dude! I think it's quite obvious to all what he offers...
Norman Thomas, a U.S. Socialist Party presidential candidate in the 1940's professed:
"The American people will never knowingly adopt socialism. But under the name
of 'liberalism,' they will adopt every fragment of the socialist program, until
one day, America will be a socialist nation, without knowing how it happened."

Steve of OH 6:50PM November 04, 2008