Saturday, August 25, 2012
Silver's next move?
The all-time chart of the iShares Silver ETF is at a major point. It's all-time uptrend is still intact as well as the downward move from the highs creating a pennant. A break in either the downward support or the upward resistance will most likely establish a pattern for year(s) to come. I believe it's going to be bullish based on Fed Monetary Policy, but anyone's guess at the moment.
Tuesday, August 21, 2012
The 2012 Election: Democrat versus Democrat
http://news.yahoo.com/paul-ryan-brings-mom-medicare-debate-130529058.html
It's officially been a week since Paul Ryan's announcement of him being selected as the running mate and he seems to be a deer caught in the Democrats headlights for both his prior and past actions. Today's announcement about Ryan bringing his mom into the Medicare debate is just outright preposterous. So Paul Ryan being the multi-millionaire that he is he would rather have the U.S. taxpayer pay for his moms healthcare (i.e. Medicare) than himself. Just by that alone, someone please tell me how he's any different from Obama? Ryan, the supposed Conservative, wants less government spending, less so-called handouts to those reaping the benefits of government entitlements, and he is debating on how Medicare is good for mom who needs to play tennis? If I didn't know any better, I'd say he was a Democrat in Republican Sheepskin.
The 2012 election is turning into a battle for Medicare. The reason why this is dangerous for the Republicans is because they cannot win this battle. The Republicans should be cutting Medicare expenses immediately (i.e. 2013) and disclosing to the U.S. Citizen how this plan was never good from the get-go and that it's just a matter of time (i.e. < 5 years?) before the system implodes itself. But No, the Republicans fear the full disclosure, because that means less votes for them, especially for those who are using Medicare. The 2012 election should be about saving the U.S. Economy and beginning the road to recovery. Maybe Ryan and Paul really have no idea how difficult it is out there for most Americans, much like most pro athletes are oblivious how difficult it is out there financially for the common folk.
It's officially been a week since Paul Ryan's announcement of him being selected as the running mate and he seems to be a deer caught in the Democrats headlights for both his prior and past actions. Today's announcement about Ryan bringing his mom into the Medicare debate is just outright preposterous. So Paul Ryan being the multi-millionaire that he is he would rather have the U.S. taxpayer pay for his moms healthcare (i.e. Medicare) than himself. Just by that alone, someone please tell me how he's any different from Obama? Ryan, the supposed Conservative, wants less government spending, less so-called handouts to those reaping the benefits of government entitlements, and he is debating on how Medicare is good for mom who needs to play tennis? If I didn't know any better, I'd say he was a Democrat in Republican Sheepskin.
The 2012 election is turning into a battle for Medicare. The reason why this is dangerous for the Republicans is because they cannot win this battle. The Republicans should be cutting Medicare expenses immediately (i.e. 2013) and disclosing to the U.S. Citizen how this plan was never good from the get-go and that it's just a matter of time (i.e. < 5 years?) before the system implodes itself. But No, the Republicans fear the full disclosure, because that means less votes for them, especially for those who are using Medicare. The 2012 election should be about saving the U.S. Economy and beginning the road to recovery. Maybe Ryan and Paul really have no idea how difficult it is out there for most Americans, much like most pro athletes are oblivious how difficult it is out there financially for the common folk.
Tuesday, August 14, 2012
Betting Odds on Paul Ryan
http://en.wikipedia.org/wiki/Paul_Ryan
Paul Ryan IMO was probably the best running mate Mitt Romney could have selected from the pool of candidates; however, that is the equivalent of picking the less rotten apple from a bushel of rotten apples. Offshore gambling websites immediately reflected the odds of the Political Race: Democratic -195 Republican +165. Prior to announcement of Paul Ryan the odds were Democratic -190 Republican +160. Although the odds do not seem much, oddmakers have the Democratic Party has a 1:2 favorite to win this upcoming election. Being that I have Republican beliefs, but find myself leaning more towards the Libertarian Party, I believe the oddsmakers are being fairly generous on the -195. It's too bad Rand Paul was not selected as the running mate, but than again Rand Paul was not even in consideration from the pool of candidates.
Paul Ryan IMO was probably the best running mate Mitt Romney could have selected from the pool of candidates; however, that is the equivalent of picking the less rotten apple from a bushel of rotten apples. Offshore gambling websites immediately reflected the odds of the Political Race: Democratic -195 Republican +165. Prior to announcement of Paul Ryan the odds were Democratic -190 Republican +160. Although the odds do not seem much, oddmakers have the Democratic Party has a 1:2 favorite to win this upcoming election. Being that I have Republican beliefs, but find myself leaning more towards the Libertarian Party, I believe the oddsmakers are being fairly generous on the -195. It's too bad Rand Paul was not selected as the running mate, but than again Rand Paul was not even in consideration from the pool of candidates.
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