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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (107289)1/12/2012 8:53:56 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
So the issue will be if we would even want to consider a person of this character which is worse that of "I voted for ... before I voted against". It is going to be one interesting Fall 2012.

After Bush got elected twice, I don't have a lot of confidence in Americans. Their understanding of capitalism is weak and the term has become a sacred icon. I don't really think they understand what Bain Capital is and how it operates. Hopefully, Obama can educate.



To: ChinuSFO who wrote (107289)1/12/2012 9:12:37 PM
From: tejek  Respond to of 149317
 
Kass: 10 Reasons to Rally

By Doug Kass

NEW YORK ( RealMoneyPro) -- I have rarely been accused of being an economic/stock market cheerleader, but I believe the U.S. stock market will surprise to the upside in the near term for the following fundamental, technical and sentiment reasons:

1. Poorly positioned market participants:
Forget put/call ratios, Investors Intelligence and AAII readings -- investors (of all shapes and sizes) are now negative and could be caught offside. Watch not what they say; watch what they do. And the dominant investors (retail and institutional/hedge funds) are underinvested and/or skewed disproportionately in a "flight to safety" into fixed income over equities. Individual investors have taken out $450 billion from domestic equity funds since 2007 and have added $850 billion into bonds; that swing of $1.3 trillion is unprecedented in history. Hedge funds, according to ISI, are now at their lowest net long exposure since the Generational Low of March 2009.

2. Technical breakout:
We closed trading on Monday right at resistance in the major indices. Given the sharp rise in futures overnight (+12 handles), we will easily pierce through resistance at the open and break out of the recent trading range. This action will encourage technically based chasers of market momentum.

3. Big rotation:
The rotation from high-octane, high-beta leadership (Priceline (( PCLN _)), Google (( GOOG _)), Baidu (( BIDU _)), etc.) has investors poorly positioned. Google's sudden weakness, in particular, has scared a number of hedgehoggers I know into materially raising cash in recent days. Meanwhile, financial stocks have been meaningfully outperforming in 2012. Don't market historians tell us that a better tone for the financial sector is a necessary condition and reagent for a better stock market? Yet that turnaround of the financial continues to be treated with skepticism by most. (How many times have you heard that the sources of banking revenues are greatly reduced in "the new era" for banks (see bank analyst Mike Mayo's comments on CNBC over the past few weeks as an example) and that return on capital is destined to be in the single digits given that the industry is a regulatory piñata in an era of populism? >>Uncover short-term trading opportunities at Real Money Pro. Click here for more information.

4. Mispaced preoccupation with Europe:
The European situation has improved. Timid policy response is moving toward "shock and awe" -- yet investors are still scared to wake up every morning to rising sovereign bond yields, and that fear is keeping them sidelined. Unicredit's deep discount rights financing (and the specter of more dilutive bank refinancing) have especially scared investors in the last week. But who cares at what price Unicredit and others finance ... as long as they finance! Deep discount capital raises dominated the U.S. banking landscape three years ago, and now our banks are positioned well in terms of liquidity and capital (and most experienced outsized market advances in their shares following their 2008-09 refinancings. As to the weakening euro, as I mentioned in yesterday's opening missive, a weak euro and a strong U.S. dollar only helps our capital markets as more investors buy American at the expenses of other non-U.S. markets. I see the rotation into U.S. stocks and out of non-U.S. stocks as a dominant theme in 2012.

read more............

thestreet.com



To: ChinuSFO who wrote (107289)1/14/2012 10:04:52 AM
From: Neil H  Respond to of 149317
 
Re Bain - It is better to come out now rather than later for Romney. So when O starts talking about it, Bain will be old news and he will have developed the dialogue to counter any charges.

Saw this today. O better watch out.


Three Democrats Challenging President Obama for the Nomination President Obama Is Not Quite Unopposed:



Yahoo! Contributor Network – 20 hrs ago










With all of the focus of the 2012 presidential election firmly, and rightfully, placed on the Republican Party's nomination process, most probably believe President Barack Obama is running unopposed as the Democratic Party's candidate. Technically, at least, that is untrue.

While these three candidates may have a better chance of getting struck by lightning than winning the Democratic nomination--and that is not an exaggeration, they do have a much better chance of getting struck by lightning--let's take a look at three of the Democrats who have decided to challenge the president in 2012:

* Darcy Richardson -- A former insurance specialist and progressive Democratic activist from Pennsylvania, Richardson is the author of a multi-volume history of third-party politics in the United States. He has never held public office before but, as Richardson states on his official campaign website, he was compelled to campaign for president because he has been "disappointed by President Obama's abandonment of many of the progressive values that he articulated so eloquently -- and passionately -- during the 2008 presidential campaign…" Richardson finished in ninth place in New Hampshire's Democratic primary with 264 votes.

* Randall Terry -- A pro-life Democratic from New York, Terry was arrested at Notre Dame in 2009 for protesting a commencement speech by pro-choice President Obama. Terry's sole purpose for running against Obama seems to be so that he can attack him for his pro-choice stance. He also strongly favors the legalization of marijuana, establishing a national sales tax, and the expansion of oil drilling, a diverse mixture of positions for sure. Terry had a better finish than Richardson in New Hampshire coming away with 442 votes, a full one percent of the total.

* Vermin Love Supreme -- A performance artist and anarchist who claims to be "the only bona-fide American presidential candidate to actually donate a living organ." Supreme favors colorful and odd outfits and also claims to be the only candidate who supports funding time travel research in order to go back to kill Hitler before he was born. According to his website, he also believes that brushing one's teeth should be mandatory. Perhaps this eclectic platform helped Supreme beat both Richardson and Terry in New Hampshire. Once all of the votes were counted he carried the day among all three challengers with 833 votes.