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On January 20 2016 23:04 DickMcFanny wrote: Because it's highly lucrative for NBC and FOX? Or because after citizens united lobbyists need more time to buy elections?
Elections are great money for the 24/7 news networks. They love them. Not great for voters since they report on the elections like Buzzfeed, but great money for them.
This is the closest we can have to a reasoned discussion and be good citizens participating in our democratic process though. I like to think we make up for our fellow citizens who don't know what the 14th amendment was or where Iraq is on a map.
Anyone else predicting a Cruz nosedive? Iowa's governor, Palin, others are going to be reluctant to endorse him. I am so curious to see poll numbers in a week. Who will get the Cruz votes? Trump or Rubio? Rubio's chance to finally have a chance or Trump's assured victory. What a wild time.
I'm mixed on how hard Cruz will be hit, but the changes of him winning Iowa and coasting to the nomination, aka the easy route, is pretty much gone. Palin pulls away from Cruz's evangelical core in Iowa (which he was letting erode anyways) and the gov is going to push moderates (and a lot of others) towards Rubio/ Bush/ Christie.
Economy contracting a lot these last few weeks which looks bad for Obama. He had 7 years of uninterrupted economic growth with the SP500 tripling from the Bush low (a colossal increase for which he was largely not responsible for). It's dropped 300 points now, a little over 14%, and is showing no signs of stopping. While it's still way, way higher than it was when he took office people won't remember the good years, they'll remember (and vote) based on recent history.
If Cruz was going to take off, it would have happened by now. After what happened yesterday, he may collapse in Iowa, which could effectively end his campaign. Trump is starting to look like a lock for the nomination.
On January 21 2016 02:18 xDaunt wrote: If Cruz was going to take off, it would have happened by now. After what happened yesterday, he may collapse in Iowa, which could effectively end his campaign. Trump is starting to look like a lock for the nomination.
I don't know if I would go so far as to say a lock. Polls favor him no doubt but who comes out to vote can change a lot.
On January 21 2016 02:16 KwarK wrote: Economy contracting a lot these last few weeks which looks bad for Obama. He had 7 years of uninterrupted economic growth with the SP500 tripling from the Bush low (a colossal increase for which he was largely not responsible for). It's dropped 300 points now, a little over 14%, and is showing no signs of stopping. While it's still way, way higher than it was when he took office people won't remember the good years, they'll remember (and vote) based on recent history.
The growth of S&P 500 was more the result of close to 0 interest rates and printing money non stop than actual economic growth. Unlike they keynesian fantasy, you can't pump the bubble artificially forever.
On January 21 2016 02:16 KwarK wrote: Economy contracting a lot these last few weeks which looks bad for Obama. He had 7 years of uninterrupted economic growth with the SP500 tripling from the Bush low (a colossal increase for which he was largely not responsible for). It's dropped 300 points now, a little over 14%, and is showing no signs of stopping. While it's still way, way higher than it was when he took office people won't remember the good years, they'll remember (and vote) based on recent history.
I believe you'll find a post of mine from last summer predicting that this would happen and that it would play into Trump's hand.
500 points, just got the WSJ notification on my phone.
EDIT: I don't believe that oil is a good investment still, I'll probably just go safe for now.
I've got my yearly IRA contribution unallocated, probably going to pump a chunk into index funds every couple week for the next month while the market is low
Nate Silver continues to be confused why the GOP seems to be resided to Cruz and Trump, despite no votes being cast. And points out trends that show Cruz might be just as bad a nominee as Trump. While reminding everyone again that head to head polls are worthless garbage.
On January 21 2016 02:23 ticklishmusic wrote: 500 points, just got the WSJ notification on my phone.
EDIT: I don't believe that oil is a good investment still, I'll probably just go safe for now.
I've got my yearly IRA contribution unallocated, probably going to pump a chunk into index funds every couple week for the next month while the market is low
I put my IRA into conservative bonds last spring/summer. I haven't been liking what I've been seeing from economic indicators for a while. I'm just going to hang tight and wait for the crash.