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This is not your dad Republican Party Anymore
Stock markets are strange because they reflect the sum total of all our hopes, fears and prejudices, the end of each day. Every time something big comes along often can have a strong influence on the stock market, and the direction the market will take. The low when markets fall, come out of nowhere. Everyone is surprised by them, but once that happens, experts have what appear to be perfectly reasonable explanations of why they occur.
I submit to you that the legislative elections next week, will post as a dramatic change called a watershed election laying occurred. We will only know with time post. If the Republicans are defeated in the House, and lose much of the Senate, this will change rate tidal wave in the direction the country is underway.
During the course of the modern presidency, which is considered 1932 onwards with the election of Franklin Delano Roosevelt, that our leaders have always been influenced by the polls. This is true for all presidents except for our current President, George Bush. Is absolutely amazing to consider that our president won the White House by 557 votes in Florida in 2000 and 85,000 votes in Ohio in 2004, however, governs like 40 slide of state land.
He adopted the idea that all I had to do is win by one vote, and power was his to make and do what I wanted. For six years has been correct. Congress has basically rubber stamped everything the President has requested and has not been held accountable for the false assumptions that the war in Iraq was initially undertaken. Next week will be the first to hold the president responsible for the mismanagement of the war over the past three years.
What kind of conservative is President? He has spent more than any liberal Democratic president in history, assembly, until the deficit at a rate that a drunken sailor envy. He gave tax cuts to the rich, and financed through public expenditure cuts to borrow money from Japan, China and Europe, leaving unpaid burden our children to worry about. Does this make sense to you? If you are going to give tax cuts, should not be your budget in surplus in the first place.
He has chosen to cut all expenses for stem cell research to protect the rights of the unborn, however, does not believe in the programs for poor. One third of this country is running around without even the most basic health insurance and protection of the rights of the unborn.
He not want the government to fund abortions. Okay, but think about it. No abortions in the last generation, 20 million there would be no love without childcare Additional born in America. That would not have affected the wealthy, who always have access to abortions, and always will, regardless of the law. Where would today with that policy? If you mean that those unborn children who were adopted and cared for, I have one word for you, sure. There are already hundreds of thousands of children abused through our foster care system that nobody wants. The president added another 20 million.
Iraq is bleeding this country financially, and is in the beginning of the destruction of our social fabric. You can have children serving in Iraq from our senators and congressmen, and White House staff on the fingers of a mutilated left hand. Why is it never calls people who run the government appears to have the blood of their children in these foreign adventures? They are always willing to send someone to die.
By the way, so you know, I think it's terrible conservative Republican myserlf that the actions of the leaders who participated in putting in office. This is not the party of Barry Goldwater, who believes that abortion is a personal right, he believed no wars, unless they bring overwhelming force to the target. This party has become an elitist group, who were elected by ordinary citizens trying to do the right thing.
At the same time, elected leaders respond to us. Strange as it may seem, we elect our leaders, and after the election, groups have pressure. How do you move from one hundred billion dollars on drugs for seniors, a program of support, not write the law that the government have the right to negotiate lower prices for these drugs? Wow, pharmaceutical companies give the Republicans more than $ 10 million to fund the elections, and Republicans give pharmaceutical companies an additional $ 20 to $ 40 billion dollars in excess payments for your drugs. Honestly, the reward was not enough big.
How did we reach this point? Republicans have always defended the rights of individuals, and fiscal responsibility. Now we have launched the responsibility tax through the window. The leaders always argue that the growth rate, the deficit is below the rate of growth of the economy, its good to have deficits. This is the same line used by Democrats for 40 years, only now is coming from the mouths of Republicans.
Here is the line background, and read carefully. You and I, as citizens of the greatest country of 10,000 years of civilization is at a crossroads. We have to pick and choose now. Our freedoms are being usurped by corporate interests and institutions. Once we elect officials, appear to be at the mercy of lobbyists who have what seems like endless amounts of money to influence our democratically elected leaders. The laws and programs that you and I, as liberal and conservative thinkers choose not to do. Instead, it appears that special interests have their needs met at the expense of 300 million Americans.
We can not survive much time as a viable society, and against the military and economic threat posed by increasing China's emergence, as well as nation-states, unless we all aligned in the same direction. Mismanagement of waste and we are seeing programs will generate a burden on our system that will make us much less competitive in the next ten years to deal with the rest of the world. Agriculture has been, is not a factor. The manufacturing industry is heading in the same way, with globalization. We are moving into a post-industrial society. We are almost there. Let's move towards a fully service orientation shortly. Will we have jobs for our people to replace those jobs overseas? Maybe, maybe not, but next week we have an election to choose, choose wisely.
Goodbye and good luck
Richard Stoyeck
PS:
The biggest joke is that if the Democrats elected, we will exchange a series of lobbyists on the other, a set of special interests on the other, one party has no ideas for another. Somehow, people need to be back in control again and vote for the party by default is not the right answer either.
About the Author
Richard Stoyeck’s background includes being a limited partner at Bear Stearns, Senior VP at Lehman Brothers, Kuhn Loeb, Arthur Andersen, and KPMG. Educated at Pace University, NYU, and Harvard University, today he runs Rockefeller Capital Partners and StocksAtBottom.com Value Investing at StocksAtBottom.com
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