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Petróleo Brasileiro S.A. - Petrobras Message Board

  • jaquecroissant jaquecroissant Sep 4, 2012 4:40 PM Flag

    The Stock Market wins no matter who gets elected.

    I've been saying this all along. If the Republicans get in and things go well it will be because of what the Dems did. If Obama is re elected, then he can take the credit himself.

    * Breakout welcomed Ed Mills, financial policy analyst at FBR Capital Markets, to offer his take. "Leadership absolutely does matter," he contends but adds that part of the reason President Obama wants another four years has to do with the "thought that Romney could possibly get credit for the policies that [Obama] put in place to get us to this point."

    Mills points out that in his convention speech, Mitt Romney promised to add 12 million jobs in his first term. The Democrats would argue, he says, that 12 million jobs is exactly what you get if you stay the course with President Obama's policy.

    "The core thesis of the Obama reelection," says Mills, "is that 'you might not like how things are today, but they are much better than when I took office, and just wait, if you stay this course…I will bring us through this.'" Democrats argue that if Mitt Romney is allowed to take credit, the spoils of economic recovery will largely go to "the 1%" instead of middle class Americans.

    If economic recovery is a foregone conclusion, then the next question becomes whether or not the 2012 election leads to a slam-dunk in 2016 for the party in power. Mills points out that it is far too early for such handicapping, especially with the 2012 election still very much a "toss-up," but he admits that the thought of a President Mitt Romney succeeding on Obama policies has "re-ignited the intensity within [the President], and he is trying to ensure that he gets credit for this and trying to set it up for Democrats in 2016 as well." *

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    • This is True: If the Republicans get in and things go well it will be because of what the Dems did. If Obama is re elected, then he can take the credit himself.

      This, OTOH, is armchair-psychology at its worst. "Obama wants another four years has to do with the "thought that Romney could possibly get credit for the policies that [Obama] put in place to get us to this point."

      #$%$ does the financial policy analyst at FBR Capital Markets know about BOs personal motivations? Maybe the Prez just wants to see the job through. Maybe he cares about what he does. Maybe he loves his job. Maybe he doesnt think much about the other guy....

      This reminds me of the *power-hungry Obama* criticism. THE GUY SET OUT TO HELP DISADVANTAGED PEOPLE AS A COMMUNITY ORGANIZER! That says lots about his motivation IMO.

      One could try to psychoanalyze Mitt: Child of wealth, in competition with his father, set out and succeeded in his quest to be a gazzillionaire; A money-mad psycho ready to do anything to get into power in order to further enrich himself and his friends...

      Is that so far fetched? No. Did I make it up? Yes. Does it have any validity whatever? That is for you to decide. LOLOL

      • 2 Replies to musketeernumberone
      • Musk, Who knows what Obama's personal reasons may be. He is an egomaniac, lets not forget that. Most politicians are. Point is not the stock market is set up to move higher for reasons we already have discussed at length. The politics don't matter.

      • Wait.... I thought the republican Congress was keeping BO from putting his policies in place. I guess we'll be seeing that old line if things don't go quite so well.

        Anyway, the debt legacy will linger longer than the next four years because of the last four years.

        Finally, I don't believe for one second BO chose to be a community organizer to help disadvantaged people. He started there because it was the quickest way to develop a base of support for his political ambitions. Smart, and it worked.

 
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