"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, February 21, 2012

Post President's Day wrap up and then...

moving on again to where I belong, down the Rabbit Hole.

In addition to the commenter to the previous post, an emailer writes: 

"So what you are saying is essentially that there is nothing a president could do whether criminal, venal, or perverse, or that would destroy this country for you and your children that would cause you to treat him with disrespect."

No, I am saying that I have been concerned about what is being done to this country since Bush's first term, and in hindsight should have been concerned back through Clinton.  I have always viewed a coming reaction to the Bush years as being something out of Sherwood Forest; a socialist corrective that really corrects nothing, but makes things worse and punishes a different set of people.

But I cannot see why the hatred of Obama by hard working and self reliant people should be any greater than the hatred of Bush by hard working people who fell further and further behind (going paycheck to inflation eroded paycheck) as corporate greed, influence and power grew out of bounds into 2008.

As a speculator, I made money under Bush and so far, I am doing so under Obama although it will be harder to keep more of it I am sure.  As Bush benefited me personally, I realized that things going on directly under his watch were hurting the country.  Same goes for the current president.

All I am saying is that maybe you should depersonalize it.  And that includes Maher.  Everybody it seems, takes sides and defines their views through the lens color issued by their official side.  I happen to find Maher's jokes funny.  But he's also a partisan wise ass.  So what?  The right has its share of partisan robots.

There is only one way to fix the country and in my opinion, it is not to be found in firing Obama and hiring Romney.

Since Ron Paul won't be elected because he is not smooth and maybe just a little too honest for the majority of Americans still, the way we will fix the country is by incrementally learning, watching the movement he has set in motion grow - our kids will take their own country back by becoming EDUCATED - and meanwhile, not blowing ourselves up by focusing our anger on one president who is only doing what we (or I) knew was coming, even during the Bush years.

Bush took so much grief and even had a shoe thrown at his head in Iraq.  But that was in Iraq (or wherever it was).  This finger pointing thing, in the nose of the president of the United States implies that the new set of people on the wrong end of policy has any more right to display their righteous anger than the last set of people did.

If we disrespect that office, then we may as well tear down the whole thing.  Now tell me, how many Americans were out buying cars, TV's and whatever the hell else was on sale yesterday?  Do you think they are ready for revolution?  I don't.  Reactions toward Obama are IMO a child-like lashing out, coming from individuals within a whole that is not yet fully aware of its own problems.  The problems were there before he got into office.

Thus ends an awkward political post by a non political writer who neither sees nor seeks a solution to anything from the two party system.  Not yet, anyway.

Edit (10:59)  Blog reader, subscriber and smart, honest person PJV responds per the following.  Posting political stuff is indeed as he says "bad business", but I figure if it helps readers know me better, than at least we are above board.  Especially since the subject gets to the core of psychology and herd mentality, which are THE two most important aspects to understand in market management. 

But then again, this isn't about me, is it?  FWIW, I did not say I respect these people in office.  You know that I put politicians only one notch above the true bottom feeders, the financial media commentary robots :-).  But I was speaking to this idea that one is worse than the other.  IMO, it isn't.  Obama is in my view just the predetermined corrective to what came before in a corrupt and screwed up system.

Hi Gary,

For what its worth, I completely agree with your assessment of where things are in the US in terms of the sheeple's readiness for a revolution.

I also completely agree with your bipartisan blame argument, and the delusional partisanship of those who are publicly flouting their disrespect of Obama at present. I even agree that those who are part of that game on one side or the other have no place showing disrespect to its various pieces in public.

In my reality though, respect must be earned and there is no respect inherently due the office of the President (and I am personally absolutely ready to "tear down the whole thing" because we really need to start over). As an individual who has seen that office abused by the presence of one super-criminal after another (red criminal, blue criminal, yada yada yada), if I had had an opportunity for a private tete a te with Bush and Obama I'd have put a finger in each of their faces, along with that of every one of them back to Carter perhaps, who seemed like some kind of weird accident; an honest President.

I am an honest man who has worked hard to create value in the world without exploiting my fellow travelers on the big blue ball. My assessment of both Bush and Obama, and pretty much all of our fearless leaders (excepting Ron Paul), is that they are largely parasites and psychopaths. If I showed them respect, I'd be disrespecting my own sense of honesty and integrity.

It's probably bad business for you to post "political" stuff on your blog. But again fwiw, I for one appreciate feeling the human behind the newsletter I read every weekend.


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1 comment:

  1. Gary it may be bad for business but I was happy to find your political analysis so close to my own feelings/evaluation, including the hindsight on Clinton. It could be the right brain thing.

    Ron Paul is laying a groundwork. A lot of people fail to realize that in 4 short years he was able to push through a politically modified audit of the fed, the only person who was calling for an audit during the last election. That strikes me as progress, relatively quick.

    There was a time when polite society knew to respect the office. I'm thinking that's what made it polite.

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