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Incumbent Presidential Winners - Be Careful What You Wish For
Between Obama's (equity-market-driven) election odds at Intrade and IEM, WaPo's projections, and Gallup's poll results, it seems an incumbent victory is all but guaranteed - even after over-hyped video clips are distributed. Adam Parker, Morgan Stanley's erstwhile realist strategist digs through the empirical data and finds that Gallup's latest poll suggests the 2012 election will not be close. History is also on Obama's side - 10 incumbents have won while 3 (Hoover, Carter, and Bush Sr.) have lost since 1900. The trouble for equity investors is that, despite what you have been told (and we already warned) about election year cycles, the post-election incumbent-victory performance is on average a 4.5% loss over six months. So add this 'doldrum' hangover to the post-election European 'event risk', the US 'fiscal-cliff' and debt-ceiling debacle, and China's Politburo meeting on Nov. 6th and it looks like Thanksgiving can't come soon enough.
The S&P and the IEM Contract for Obama’s Re-Election Appear to Move in Tandem
While odds and polls may be high, WaPo's projections perhaps offer some hope to Romney...
Quadrennial Presidential and Congressional Elections Since 1928
On Average, the Market Rallies Before and Sells Off After an Incumbent Is Re-Elected
And in case you wondered whether Obama was the driver of equity market strength as opposed to equity market strength driving Obama's increasing odds of a win - here are the results...
Source: Morgan Stanley
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We’ll greece ya’ll mother fuckers one way or another..
Yo ya’ll porch mokeys will vote fo’ me in November. if’in ya’ll niggas don’ vote fo’ me, ah’ll make sho yo’ vote count towards me. Dont make me close yo’ highways an make ya’ll take SEIU bus trip ta voting boof Don’ make me come ova there bitch...
http://dailycaller.com/2012/10/02/obama-speech-jeremiah-wright-new-orleans
Yo Let me be clear, anyone hoo thinks dey can escape from da plantation iz mistake just like mammy.
You’ll see what I mean very shortly. In the meantime, enjoy the WH carnival side show.
Ironically, Obama is very very bullish for gold (due to his complete and utter incompetence), which I happen to be 100% invested in. What a catch 22.
Or should I say, catch $22 hundred.
Corrupt hopey changey will make sure this time is different because his masters are savvy businessmen.
Maybe they will wear little hats and drive onto the debate stage in clown cars.
Or maybe wear their Summer of Recovery party hats!
"Obama is very very bullish for gold"
No matter who wins, it bullsh for gold. We have two incompetence candidates. I think if even Geo. Washington was running again, it still would make no difference. There is simply too much debt, too many false promises made to save the union. Any decisions made can only speed or slow down the collapse.
REPORT: Romney Wants '$35K Commode' John Thain For Treasury Secretary
Yep. I think this makes one thing certain. Obamney will definitely fix everything.
Just look at the superior talent he's seeking. Who couldn't feel all warm and fuzzy looking at those names?
First, I agree with you, but second; keep in mind Washington was a Hameltonian and therefore supported a federal banking system.
"keep in mind Washington was a Hameltonian and therefore"
But not Crony capitalism. Hamalton's interests was to promote real growth and to secure the union. His intention (whether it was incorrect) is to provide a banking system that promoted sound banking to make sure people that needed loans could get them, not to promote plutocrastic gov't. He had no idea that the US central bank would turn into an abomination. or perhaps I should say "an obomination".
well he certainly has played the 'cosby card' before the debate, but twhat really got me me in the last ten days of the drudge side bar news cycle was how "sexy" the democrats were....biden's wife description of joe, vote like you nether regions depende on it, i forgot like 3 or 4 obvious ones.....but the messege was clear- we're too sexy for this job too sexy. straight out of bernaise getting women to smoke.
Thankyou Dick Morris and Karl Rove. Dumbasses.
What, they're the stalwarts who kept preaching Romney's electability. GOP stupidity and arrogance coming home to roost.
And believe me, it will be frontrun too
The two party system is a sham. Unfortunately, it will take a collapse to convince the general population of this fact. And then it will get worse.
Now tell us one more time how elected government will save us all.
It will be amusing when the markets tank to hell just before elections.
Mmm the panic...
no, it will be more amusing when obama blames it on bush.....the markets are going to fucking tank sometime 10/12-election
what markets? most stocks are owned for less than 10 seconds now anyway...
a 40 percent turnout is no victory. our system is BROKEN. it will be interesting to see who follows Texas Governor Perry "into the vacuum." it is interesting to think...since we haven't had an election about what's actually in the National Interest since Reagan...what particular interest this one will be about? It's sure not terrorism! Income inequality? HAHAHAHAHAHA! Hmmm. NOPE, NOT THAT EITHER PRESIDENT OBAMA! Let's see....uhhhh, "i killed that guy."? yep...that sounds better...
"and his name better be Assad"...and "you'd better tell the folks that's just for starters."
At this point I really don't care. Even though I know Obummer is a lying evil SOB through and through at least I know what we are up against. I'll still vote for Ron Paul in good conscience and prepare for what is to come.
I wish Ross Perot would run again. http://www.politico.com/news/stories/1012/81850.html?hp=r1
"Perot says his three wishes for the country would be to have a “strong, moral ethical base,” a “strong family unit in every home” and a better public school system."
He's a Billionaire who gets it.
America doesn't deserve Perot or for that matter Ron Paul....It deserves what it is about to get.....4 more fucked up years. Here's hoping time flies....
I disagree that we deserve less, but I agree that we're going to get [more].
Rand you are a fairly smart person surely you know Perot was part of the game. In case I'm wrong let me tell you why he was. Bush was a fairly popular war president with a whopping 91 % approval rating,but they needed a democrat to pass NAFTA. There is no way Bush could have gotten away with it. So they enlisted Perot to steal votes from Bush and voila we got Clinton with 41% of the total vote. Why do you think Perot started acting nuts when he got too popular? He ce too close to breaking the two party system. Nafta ..as they say .. Is history. Think it through. The matrix runs deep.
I never thought about it that way before. If you're right, it proves my basic tenet that We The People need to resist the accumulation of dynastic wealth. I voted for Perot because I believed (perhaps naively as you suggest) that a Billionaire could have the interests of someone other than himself in mind when running for office. If your matrix theory is correct, then we all need to focus on getting these monied elites out of politics or any other non-elected version of running things.
LTER, I have supported Ron Paul since before anyone even knew who he was in 2008. Hell, do you remember Helen Chenowith? I have done all of the delegate bullshit and seen it for what it really is and that it is that it is a dog and pony show. When Campaign for Liberty started up right after the 2008 electon I began to have my doubts about the whole situation. I bought into the dogma for a little while longer but it was not for me with C4L.
Well, 2012 came around and even though I moved to a different senate district, they tracked me down because I kept the same cell phone number. I was planning on going to a DFL caucus this time so I could see how those jags rig the game but cocksuckered myself in the name of liberty again by going to an R precint caucus because I got guilted into it.(my bad) I planned on staying quiet but it turns out no one knew how to run the caucus there except for me so I had to go to the front of the class and get it done. It is scripted for fuck's sake but the covener was lost and time is money.
I could go on and I will eventually but right now I am so sick of the charade of this "political choice" that I can not express words. I really do not see any future for the US despite the Constitution or shortcomings thereof. It is my opinion that the idea of a United States is invalid. Drag out the Constitution or whatever but the reality is that Article 1, Section 8 exists. Not to many RP folks can explain Article 1, Section 8 and then validate why we should just "follow the Constitution" arbitrarily. I think we did that already, and where have we arrived as a result?
why look at things so black and white LetThemEatRand? of course a billionare could be a good prez, in theory. but at this stage no good man would want the job, rich or poor. it's like Plato said once upon a time: no Philosopher King would ever want the leadership job when it's obvious they're just steering the ship of fools. It was in Ancient Greece as it is today: humanity may have more iGadgets, but they just can't transcend their shitty natures.
Perot handed it to Clinton.
Perot recently said he wasn't really in favor of the tea party.
Perot is a rich idiot redneck.
Perot made his billion off government contracts.
Perot made his billion off government contracts.
Sounds like most coopting TP politicos to me. Not sure why he wouldn't be in favor of them.
naw he was an innocent lamb who made his money off the government teat....look how genuinely supprised/scared he was by the dirty threats from gb's goons he got . betchya he actually thought oswald did it.
Eggzactly. I've been explaining to everyone who will listen that there is no appreciable difference between O'bomb-a and Ro-money.
When it comes to:
Indefinite Detention
"Patriot Act"
Trapwire
The "war on drugs"
The never ending false flag "war on terror"
Expanding the police state
Expanding entitlements to buy votes
O'bomb-a care
Shitting on the Constitution and wiping with the Bill of Rights
They are on the same fuckin' page.
"I'll still vote for Ron Paul in good conscience"
Sure wouldn't matter either way. Mittens is unlikey to be any different than O'bama. Nov 2012 is a "Its heads I win, tales, you lose" election.
O and R either don't have a clue as to what is coming, don't believe what
many think is coming, or have some inside word that any collapse
will not happen during the upcoming watch. Otherwise, who in their
right mind would even want the job at this point.
Over the past four years we have witnessed the unbelievable narcissism of Obummer. There is no doubt in my mind that this fucker wants to be at the helm of this ship when it sinks. As a " citizen of the world" he will consider it a great honor to take this fucker under. Like Nero playing his violin while Rome burned ( a myth I know) Obummer will be remembered as the one who played golf while the empire crumbled.
This is active nocivity, for sure. The guy bathed in theories about how to take down the evil imperialist exploitative west, and USA for most of his life. D'Sousa has him nailed.
I thought it was a good film and D'souza was generous about not harping other likely radical Obama sentiments.
"There is no doubt in my mint..."
WTF? This whole time you have had a mint? Why didn't you say so? Why waste any more time then and let's get to minting up some silver coins. We have already learned from Mr. von NautHaus what not to do so let's start with that in mind.
Here is my idea.
Denomination: 1 Dole
ASW: .10, .25, .50 and 1.00 ounces of .9999 fine silver
Obverse: Fist with extended middle finger in high relief so it really stands off the coin
Motto: In No One We Trust
Mint mark: FU
Date: Eternity
Reverse: High relief of the stock ZH avatar of a person with a bag over his head. Denomination of One Dole.
Rim: (Smooth) Fuck Legal Tender For All Debts Public or Private imprint.
Die: Highly polished
I'm open to other ideas as well.
Thanks.
+1 to you Dr. E
A violin during the
roma
empire :).
It was a harp, no myth.
After six months the euphorhysteria wears off and people realize the shit doesn't matter.
Banks: 1
People: 0
You didn't elect that..........
The writing is on the wall. Our future is Detroit.
obama was drooling over the prospects of the highly "electable" romney (even though romney is the sacrificial bob dole the plutocrats / bildebergers selected to guarantee the indonesian's election )
a hoover / carter ticket would have generated more enthusiasm that romney - talk about a turd.....
in the end it doesn't matter....anyone who votes for obamney is a traitor....
Make your vote really count,
Write in NONE of the ABOVE
And loudly pronounce your choice as you leave.
Eubonics will be the language of our new overlords. ;/
Don't waste your vote. Romney is going to get wiped out. Write in Ron Paul. There is no cost to voting your conscience.
No cost???? The price WE pay for YOU "voting your conscience" is another four years of Obama. If you support Obama just say so.....don't be a pussy by saying your voting for RP based on some self-serving principles….. (i.e. don’t blame me…. I did vote for that guy).
Fuck you and your conscience....here is a thought, be a man - take a position that means something. You have a choice …..it is either Obama or Romney – that is it, your vote for RP isn't counted -- fuck you and your feel good buddies!!
Take a stand – that makes a difference vs. being a pussy all your life………
Voting for Mittens is voting for the Morman version of O'bama. Mittens is a closet socialist, just like Mayor Bloomberg is. He will promote a socialist agenda. We are at the point where the candidate they promises the most entitlements or handouts wins. Especially in an depressed ecomony when few real paying jobs are available. America Democracy has died and our gov't has been takenover by a plutocracy.
Fuck it, I'm voting for Ross Perot.
I am adamant about writing in
Ron Paul and Tyler Durden
Laugh all you want. It is my vote.
If you believe that Romney is better than Obama then aren't you serving yourself by voting for him? Why are you permitted to act in what you consider to be your self interest while others are not? And can you explain why not voting for Romney is a vote for Obama but not voting for Obama isn't a vote for Romney?
That's the "logic" that got us here. It's seems like the argument of voting for the less of two evils has been around since the first Bush elction....I think that was Mondale?
Voting for the lesser of two losers has been around far longer than the Bush vs. Dukakis election in 1988.
My take on the election: out with the current bum, in with a new bum.
Translated: "Don't take a stand you pussies, quit being pussies and take a stand."
If everyone acted like you, well, we'd have the nation we have now. So fuck you and everyone who thinks like you. You're voting "against" shit by voting "for" shit. Enjoy your shit, shithead.
Something bazaar is going on....while I'm not a big network T.V. watcher I have yet to see much in the way of television advertising for Mitt Zombie. I've been increasingly worried that even Mitt's campaign either knows the "fix" is in or he's given up. What the heck else is going on? Campaign PR incompetence? Does anyone else notice this or am I just working too much and I'm not catching them?
I am in a low population, flyover state,
NOT one Romney commercial.
I see the commercial w/ clinton about what caused this.
I yell at him about, nafta, glass-stengal, and fannie approving loans to anybody w/ a pulse, but he still won't admit he was a major cause.
They are only targeting the states that are in play .
I can guarantee my state will give it's 2 electoral college votes to Romney.
What the hell are we still using the electoral college for, it was created when it could take a week to get western state votes to Washington
We have instant communication now, the electoral college is a artifact of the past and should be eliminated.
Curt W: electoral college was put in place to prevent high population states from becoming the king makers..our smallest state gets the same vote as our largest..not a bad idea, much like the Senators being elected by the state legislatures, which got thrown out by amendment.
the good ideas to prevent what we have today a supreme federal monster in DC. the federation of states is no more. we are not a republic under current conditions and your throw out the electoral college is right in step with the plan. gotta think a little more and be brain washed less.
I'm not so sure about that one...
Lots of Obama ads on some channels I watch (Syfy, for instance) and lots of Romney ads on other channels. Then again, this is Florida, a supposed swing state, and seniors are a bit distraught about Obama slashing Medicare by more than $700 billion to make Obamacare less expensive. Also, although I don't watch the Spanish channels, the Univision coverage of deaths in Mexico due to Fast & Furious guns is having an effect (or so I'm told by Cuban friends) on the whole Hispanic community. I expect these issues to generate every more political advertising. It's a good thing that my remote control has a 'Mute' button. I hope I don't wear it out.
only once in 32 years has the incumbent failed.
Welcome to 4 more years of Obamanation
Please don't rub it in -It's like hell on earth.
I gave you a down because it will be the lowest level of HELL possible
way down there.
It's just the end of the republic, and of rule of law. No biggie.
That happened long before we were born.
Could just as easily say only 50% of democratic incumbents have been re-elected since FDR.
That's ok the tide is turning and we can arrest him for treason.
What is up with Obama telling federal contractors not to warn of layoffs and break the law by not doing so.
When has that cocksucker ever paid attention to the law?
How could anybody vote for a man who sits in the WH and sends memos telling people to purposely break the law, and he will pay the fines w/taxpayer money.
This should be an impeachable offense.
Look at this country. It has openly embraced the abandonment of any laws. It's sickening but true. Obama is just a reflection of what this nation has become.
What??? The country hasn't abandoned the rule of law – just you, your friends in DC, and your banker buddies…..
Me abandoned laws? Friends with bankers and people in Washington?....too funny....You're either an idiot or drunk. I'll assume the latter. The people of this country are openly supporting a law breaker. That can not be denied.,and I can assure you he is no freind of mine.
And this my friend's sums it all up in nutshell IMO. We as a people and a nation have given implied consent through our passivity. That may change, but I am doubtful. I am as guilty as most as I have done nothing to stand up to this tyranny. I have taken the one step that felt right and voted with my feet and left. And took my elderly Mother with me.............
If it’s all over with this election, then it’s all over with America; its slide into the socialistic welfare state will have been completed: the point of no return.
And, by the way, with the margin of error in most of these polls and with the presidential debates not yet held, one wonders how this newfound political prognosis expertise is going to reward Mr. P arker. There’s no reason for Mr. Parker to pipe up now unless he has, well, something in mind…
And lest we forget, this is just a brief reminder of what is coming…
Ad infinitum...
seriously, who gives a fuck if queers want to get married?
These things will happen only because the states and the people allow them. It all boils down to that. There's plenty that the states could do to thwart this if they really wanted to. Articles of secession comes to mind. Not endorsing it of course, just saying that there are choices to be made by state governments and those they represent if the federal government is not representing their true beliefs. Go along to get along works real well until it doesn't.
Note to self... buy more ammo.
I don't believe this "Obama shoe in garbage". The Bamster is toast. For a reality check, I birng you good tidings from Rush: http://www.rushlimbaugh.com/daily/2012/10/02/as_predicted_the_corrupt_po...
Just what we need.
Predictions from a fat, over-the-hill, drug addict
You attack someone who admitted to being addicted to pain killers. Did you ever complain about the current president's admitted drug use, including marijuana and cocaine? Or is it you just object to legal drugs being abused while giving the okay to illegal ones?
When you become as successful as Limbaugh I'll give more credence to your writings.
Ah, good ole Rush.....water-boy for the GOP, no matter how bad they mess up. Just who I wanna go to for solid info.
To think I actually bought into that guys nonsense in my early 20's, until I realized what a shill he was.
Drudge overhypes everything from Lindsey Lohan's latest meltdown to Obama's newest social enterprise.
In a democracy an individual is always a minority.
I do not vote for I am not a liberal. I do not side myself with a majority or a minority. I'm not the 1% or the 99%. I'm an individual.
I do not vote for either of the politicians standing to take away my rights permanently or substitute them with temporary privileges.
I do not vote for the right-defending libertarian so him and I could be told: "You placed your bet and lost fair and square. Now comply!"
I do not vote for I will not comply with the will dictated. I am my own person! I am my own country! I am my own government!
I will vote through my actions. I will vote by being self reliant. I will vote by respecting others the way I want to be respected. I will live and let live.
I won't intrude, but if intruded upon, I will resist and I will fight.
Well said.
For me, California income taxes are probably going to go up 20% or more. Federal taxes another 17% higher. And the dollar devaluations and inflation (food and energy and other uncounted items) eating away at what's left.
Enjoy your free stuff 47-percenters.
That's the problem with American - American's.
Looking at voting records there is no difference between the two.
Having said that, Romney will get the nod.
Obama does not want the job.
However, he does like campaigning and the crowd adulation.
Read between the lines.
Their are two things that has happened that tells me this. At least @ this moment in time.
Those two things + the Electoral College +the old Wall St. axiom of "The public is always wrong" puts Romney in.
Kabuki theatre,they have to make this look legit.
We shall see.
And here is Obamas new home in Oahu.
http://www.panaviz.com/customers/k-m/210-North-Kalaheo/
Their is space 20 minutes away for his Presidential Library.
Nice place there in Oahu. Not bad for a middle-class mulatto who got a free ride to all sorts of schools for the elitist crowds.
Jimmy Carter was up big in the polls at this point in 1980.
An aweful lot of this culture is on the mooch. It's hard to see how they vote that away. Obama says they get to keep it, but both will likely do the same - you just can't turn this stuff off, it has to be choked off by reality, I expect.
I do wonder if there's a molecule of shame (or at least hesitance) in the mooches' conduct this time around. And that's why the enthusiasm has died off. If that's so, that would be a positive sign. Anyway, back to reality.
Everything depends on how the GOP - my party - reacts to a second decisive loss.
Many of us hope we will at long last rebuke the Tea Party and other (frankly Birchist) elements, who are in no way historical mainstream Republicans, anyway, and start optimistically to rebuild the old true Reagan - and Nelson Rockefeller - coalition, which has nothing in common with the current crop of Insane Ones.
We need to return to the Big Tent, truly pro-Business AND pro-Growth Coalition of NAM members, skilled workers, Main Street small businesses, exporters, farmers, resource developers, and educated pro-business professionals.
Such a Coalition would regain the respect of the US population and intelligent people around the world.
We would once again become the party of manufacturing, of energy leadership, of leadership in agriculture and mining and professional services and world trade.
We would once again cultivate political leaders and candidates with vision and the common touch, with positive and forward-looking ideas as our propellant, rather than negative and backward-looking ideas.
We'd once again become the preferred party of the three key overlapping groups we should have been courting and catering to all along: Baby Boomers, Centrists, and Investors.
Rebuke the RINO turncoats more like.
LOL.
Why is Romney so effective at campaigning against more conservative Republicans while being so namby pamby with Obama? And why does the establishment Republican hierarchy fight harder against conservative Republicans than against Democrats? Look what the Republican party in Florida did to Allen West, an outspoken black conservative. They, via the Republican legislature here in Florida, redrew his district so he had a more Democratic district. Yet they left Ditzy Wasserman-Schultz's district alone.
Establishment Republicans don't seem to want to win if it means supporting conservatives; never have, in my lifetime. It's almost as if they're just a different flavor of the same one-party Fascist control network. Nah, that can't be true, can it? Where did I ever come up with an idea like that?
This may be the end of the Republican Party precisely for the reasons you tout. You shut out the Tea Party because it was for smaller government and individual rights. You shut out Ron Paul because he was for fiscal responsibility. The Republican Party is the neocon side of the Federalist party. You and the Democrats both support the corporate state. Both parties stand for the destruction of individual rights. Both support the Patriot Act and the National Defense Authorization Act. Both parties are in the pocket of the plutocracy that runs this country. There will be no growth without abundant cheap energy. We are steam cleaning sand for oil for Christ’s sake. Pay attention. We are in the age of contraction. Look at the declining tax base and look at the deficits in the cities, counties, states and national governments. What part of unsustainable do you people not get? The day everything stops is the day you people get everything under your control.
Well said! Bravo!!!!
Obama is standing on the accelerator of the US car headed toward the cliff at 90.
Romney says he wants to hit the brakes, but the lines are cut Enjoy the ride.
Dewey Defeats Truman
If Obama DOESN'T win, it will be the biggest political upset in history. Maybe of the world.
He better cuking win; I have $500 on it @ -168 on Pinnacle (it is now -380)!
Sounds like you win either way.
Only reason to vote for Romney: because second term socialist presidents are dangerous.
The choices are clear, one candidate is a Marxist, the other is not but must explain to the public why freedom is better than Marxism, since the media will not do it and in fact are very much in favour of all things Marx, Stalinist, Maoist etc.
If one is smart, one doesn't let the enemy set the ground because overcoming that requires someone suited to the task and Romney is but make no mistake, this "debate" is an ambush. It always is for anyone not a Marxist.
I find it incredulous that people listen to the media/polls.
But I understand 'cuz they've never lied to you.
Even that bookie/oddsmaker.
Facebook IPO bitchez.