if kerry crushed bush last night, why is the stock market rallying big time this morning? we all know that one of the biggest market fears is a john kerry presidency...yet, the markets are up over 1% this morning. hmmm. maybe the guys on wall street know a little more than the guys in this gambling forum.
Kerry won the debate.He always wins the debate.The problem is he has been every where on the issue.He throws everything out there and what ever fits polls and focus groups thats the popular flavor of the night.
What amazes me how this asshole gets away with 2nd guessing his whole career....He has spent 20 years in the senate and has ZERO legistlation with his name on it....He has never lead on anything in his career.He has been a shamless oppurtunist marrying large,and holding on to Ted Kennedy coattails the whole way,cutting in line his whole life and making his bones by 2nd guessing and critisizing,never ever leading.
Thats why I will vote for Bush,because it ain't John Kerry.
What amazes me how this asshole gets away with 2nd guessing his whole career....He has spent 20 years in the senate and has ZERO legistlation with his name on it....He has never lead on anything in his career.He has been a shamless oppurtunist marrying large,and holding on to Ted Kennedy coattails the whole way,cutting in line his whole life and making his bones by 2nd guessing and critisizing,never ever leading.
Thats why I will vote for Bush,because it ain't John Kerry.
Dante said:
Bush not only is a bad speaker, but he looked like he didn't even know what he was talking about. He gave nothing in the way of details -- what is his plan for Iraq, exactly? Don't send mixed messages? That's it?
Either he CAN'T tell you what's going on in his administration, or he doesn't know. I fail to see how you can interpret his presentation last night any other way. He was on the defensive; his only strategy was a character assassination of Kerry, not on point, but on spin to imply that Kerry waffles.
I don't know that Kerry will win this election (it's clear that the Bush faithful aren't dissuaded by their leader's obvious shortcomings) but how you can say that Bush walked away from that debate looking like anything less than an incompetent yet imperialist buffoon is beyond me.
Would've loved to have seen how Fox News portrayed the debate.
I had absolutely no love for Kerry yesterday afternoon. Today I hope you vote him in. I would imagine many of us non-Americans feel that way this morning. The guy understands diplomacy -- Bush didn't seem to understand much of anything.
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They gave Kerry the debate....I gave Kerry the debate before listening to any talking head.
Got to admit.i don't know how they let Bush go out so unprepared...I could have done a better job against that fraud easily.
Its one thing for diplomacy its another for appeasment and thats all you would get out of Kerry, he is not a leader he is a follower.
I will give Kerry his due. He looked better than Bush last night in the simple fact that Bush did look tired and irritable. Not a huge win, like the Clinton News Network reports, but it's now a race again.
I still believe Kerry's record, or lack thereof, and many positions will still be his undoing. If the John Kerry at last night's debate was the John Kerry we would see for the next four years, I wouldn't be totally disappointed if Bush did lose, but unfortunately, it's just another face that the man puts on to suit him best at the moment.
GWB wil still win the election, probably 51 to 47, with the rest going to Nader.
I still believe Kerry's record, or lack thereof, and many positions will still be his undoing. If the John Kerry at last night's debate was the John Kerry we would see for the next four years, I wouldn't be totally disappointed if Bush did lose, but unfortunately, it's just another face that the man puts on to suit him best at the moment.
GWB wil still win the election, probably 51 to 47, with the rest going to Nader.
blue edwards said:
Here's a thought: what if the market is responding to a new belief that Kerry is going to win?
Ask yourself this simple question: if Kerry clearly won the debate (and you're hard-pressed to find an analyst or anyone with a set of moving brain waves who disagrees with that statement) and the market is in a flurry of activity the next day, what does that tell you about the market's view of another four years of Bush?
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i would say that wall street does not have the opinion that kerry clobbered bush in the debate. i personally don't believe that the debates will impact the outcome of the election. whether kerry won the debate last night i don't know. he is a more polished speaker than president bush is but, that doesn't mean what he said was anything that will sway voters not already committed to voting for him.
one thing is for sure, if wall street thought that kerry would win the election, you would see the market down and down big. kerry has clearly demostrated that he is in favor of higher taxes. that means higher income taxes and higher capital gains taxes. the people and institutions that invest in the equity markets do not like it when you take more money out their pockets. if they thought an increase in capital gains taxes and/or income taxes was coming, they would dump and run now to pay the lower taxes on the gains.
kerry also is viewed as weak on terrorism. if wall street thought he would be president...they would expect more terrorism. do you remember what the markets did when they re-opened after 9/11/2001?
one thing is for sure, if wall street thought that kerry would win the election, you would see the market down and down big. kerry has clearly demostrated that he is in favor of higher taxes. that means higher income taxes and higher capital gains taxes. the people and institutions that invest in the equity markets do not like it when you take more money out their pockets. if they thought an increase in capital gains taxes and/or income taxes was coming, they would dump and run now to pay the lower taxes on the gains.
kerry also is viewed as weak on terrorism. if wall street thought he would be president...they would expect more terrorism. do you remember what the markets did when they re-opened after 9/11/2001?
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blue edwards said:
There are two sides to the economy debate as you well know -- one side says Bush is better because business pay less in taxes, the other side says Kerry is better because he can better stabilise the American economy (read: protect the middle class.) While I know Wall Street generally favours Republicans, it can also be said that this administration isn't following in traditional Republican footsteps where fiscal restraint is concerned.
My point is simply this: if most people believe that Kerry won the debate, and the market is in a flurry the next day, why does this automatically strike you as an endorsement of Bush because of the debates? If you meant to say, despite his awful performance that is different.
obviously, wall street does not think his performance was awful. investors, i'm sure, believe as i do that, even though kerry may be a more polished speaker than president bush...nothing came from that debate that would put the president in jeopardy of losing the election. hence, the market rallies. the market rallies in spite of oil prices hitting a new high, by the way.
as far as your comments about "kerry stabilizing the economy and protecting middle class"...not only do i disagree, i also believe there is no way that is what is behind this rally. if you ask all the dems they will say that the evil, rich people that trade stocks are only concerned about their pocket books...does this rally tell you what they think?
i think it does.
as far as your comments about "kerry stabilizing the economy and protecting middle class"...not only do i disagree, i also believe there is no way that is what is behind this rally. if you ask all the dems they will say that the evil, rich people that trade stocks are only concerned about their pocket books...does this rally tell you what they think?
i think it does.
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All I ever ask is that when you make an assertion that you back it up. And it's the only reason I challenged you on it, btw. I personally do not think the market has a huge preference either way, as, frankly I don't see them being a whole lot different in terms of their corporatist leanings.
Fwiw, I still think Bush is going to win the election. Not because he held his own in the debate, but because when he says things like 'we need to constantly stay on the offensive' too many Americans somehow think this is just a grand idea! Nationalism has you guys by the nuts.
I was expecting to see a huge Kerry bounce today -- instead I'm sitting here shaking my head. I just don't understand it.
Fwiw, I still think Bush is going to win the election. Not because he held his own in the debate, but because when he says things like 'we need to constantly stay on the offensive' too many Americans somehow think this is just a grand idea! Nationalism has you guys by the nuts.
I was expecting to see a huge Kerry bounce today -- instead I'm sitting here shaking my head. I just don't understand it.
