Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
Beware Gold Stocks Downside - 13th Dec 19
Fed Says No Interest Rate Hikes In 2020. What About Gold? - 13th Dec 19
The ABC’s of Fiat Money - 13th Dec 19
Why Jo Swinson and the Lib Dems LOST Seats General Election 2019 - Sheffiled Hallam Result - 13th Dec 19
UK General Election 2019 BBC Exit Poll Forecast Accuracy Analysis - 12th Dec 19
Technical Analysis Update: Tadawul All Share Index (TASI) - Saudi Arabia ETF (KSA) - 12th Dec 19
Silver Miners Pinpoint the Precious Metals’ Outlook - 12th Dec 19
How Google Has Become the Worlds Biggest Travel Company - 12th Dec 19
UK Election Seats Forecasts - Tories 326, Labour 241, SNP 40, Lib Dems 17 - 12th Dec 19
UK General Election 2019 Final Seats Per Party Forecast - 12th Dec 19
What UK CPI, RPI INFLATION Forecasts for General Election Result 2019 - 11th Dec 19
Gold ETF Holdings Surge… But Do They Actually Hold Gold? - 11th Dec 19
Gold, Silver Reversals, Lower Prices and Our Precious Profits - 11th Dec 19
Opinion Pollsters, YouGov MRP General Election 2019 Result Seats Forecast - 11th Dec 19
UK General Election Tory and Labour Marginal Seats Analysis, Implied Forecast 2019 - 11th Dec 19
UK General Election 2019 - Tory Seats Forecast Based on GDP Growth - 11th Dec 19
YouGov's MRP Poll Final Tory Seats Forecast Revised Down From 359 to 338, Possibly Lower? - 10th Dec 19
What UK Economy (Average Earnings) Predicts for General Election Results 2019 - 10th Dec 19
Labour vs Tory Manifesto's UK General Election Parliamentary Seats Forecast 2019 - 10th Dec 19
Lumber is about to rally and how to play it with this ETF - 10th Dec 19
Social Mood and Leaders Impact on General Election Forecast 2019 - 9th Dec 19
Long-term Potential for Gold Remains Strong! - 9th Dec 19
Stock and Financial Markets Review - 9th Dec 19
Labour / Tory Manifesto's Impact on UK General Election Seats Forecast 2019 - 9th Dec 19
Tory Seats Forecast 2019 General Election Based on UK House Prices Momentum Analysis - 9th Dec 19
Top Tory Marginal Seats at Risk of Loss to Labour and Lib Dems - Election 2019 - 9th Dec 19
UK House Prices Momentum Tory Seats Forecast General Election 2019 - 8th Dec 19
Why Labour is Set to Lose Sheffield Seats at General Election 2019 - 8th Dec 19
Gold and Silver Opportunity Here Is As Good As It Gets - 8th Dec 19
High Yield Bond and Transports Signal Gold Buy Signal - 8th Dec 19
Gold & Silver Stocks Belie CoT Caution - 8th Dec 19
Will Labour Government Spending Bankrupt Britain? UK Debt and Deficits - 7th Dec 19
Lib Dem Fake Tory Election Leaflets - Sheffield Hallam General Election 2019 - 7th Dec 19
You Should Be Buying Gold Stocks Now - 6th Dec 19
The End of Apple Has Begun - 6th Dec 19
How Much Crude Oil Do You Unknowingly Eat? - 6th Dec 19
Labour vs Tory Manifesto Voter Bribes Impact on UK General Election Forecast - 6th Dec 19
Gold Price Forecast – Has the Recovery Finished? - 6th Dec 19
Precious Metals Ratio Charts - 6th Dec 19
Climate Emergency vs Labour Tree Felling Councils Reality - Sheffield General Election 2019 - 6th Dec 19
What Fake UK Unemployment Statistics Predict for General Election Result 2019 - 6th Dec 19

Market Oracle FREE Newsletter

UK General Election Forecast 2019

Pols, Pundits and Bear Trappers

Politics / US Politics Nov 10, 2014 - 10:22 AM GMT

By: Michael_T_Bucci

Politics

The mid-term election results in Americacan speak volumes if one only could hear the truth within the cacophony created by a hundred political pundits who mix moaning about low voter national turnout (lowest since WWII) with feigned "surprise" over GOP advances; pundits who never are at a loss for impressing the impressionable by mixing their stewardship with bewildering statistics, charts, graphs, demographic breakdowns; all of which, of course, leads pundits to issuing hearty expositions, predictions and projections of the future - a future based on their speculative punditry.


Punditry proves or disproves pet theories, validates pollsters, fills newsprint and air space, exaggerates the winners while further diminishing the losers. Punditry allows us to believe differences exist between the two political parties when they don't. Punditry reinforces our belief that we really have power over our government, its domestic and foreign policies (were you ever asked to vote on war and peace at any time in your life?). Punditry tells us what issues are important while excluding others. Pundits serve to help create our political reality and boundaries. Punditry is essential in placing before us a mirage of democracy instead of the real one threatened on all sides by voter disaffection; campaign funds stuffed by corporate, wealth-sector and K Street lobbyists; systematic exclusions of third party candidates, third party issues and, generally speaking, issues considered too sensitive in nature for (God forbid!) public discourse (war, peace, racism, rich/poor, NSA, drones, militarized police, Wall Street, the Fed, et. al.).

In U.S. mid-term elections nationally, we know how 36% of all eligible voters voted November 4, but we don't know why they endorsed one candidate or party over another, one issue over another, or why they chose to vote in the first place. More importantly, we don't know why 64% of nation-wide eligible voters stayed home. That question trumps all others and should lie at the heart of anyone's "punditry" for this season and the next.

In 2012, I penned an article titled, "Vote! Your democracy depends upon it." Days later a retired man and "Constitutionalist" argued that his protest against "government" was to abstain from voting. I urged that voting maintained the "institution". If we don't use it, we'll loose it! As a "Constitutionalist", he was undermining his own philosophy.

Did pundits explain why voter turnout by those 29 and under was dangerously low (roughly 13%)? If the future belongs to them, why are they boycotting elections? Trying to understand the mind-set of the "ME" generation, I queried Ron Paul youth and Occupy Wall Street youth. They are active, bright and very involved people who have energy and enthusiasm in common but are equally disenfranchised by the "establishment". The two-party system has effectively shuttered their right to be heard. They and other "out of the box" or "wing nut" types (labels given them) have no place at the table. And with little money to spend on political advertising, media ignores them. Consequently, voters do too.

Americans love money and, hence, love billionaires. How many pundits counted the hundreds of PAC and super PAC millions (totalling $3 billion) that was spent on both parties to gain proxy power for themselves and hence power over the electorate? Meanwhile some Detroit residents still go without water, which the UN cited as a humanitarian crisis. But a neighbor, a self-described "Confederate", argued these people didn't pay water bills and should get a job!" I replied, "In Detroit? Get a job where there are no jobs?" "Then they should move to a place where there are jobs," she quipped. Which brings me to Gov. Paul LePage and the state of Maine.

Voter turnout in Maine was considered very high against the national average. Indeed, it was exceptional being the highest voter turnout in the U.S at over 59%. But Maine pundits too scratched for answers, as one article that appeared November 5 at politico.com (a watering hole for uber-pols) by Colin Woodward, state and national affairs writer at the Portland Press Herald, demonstrates. Reminding a national readership of Gov. Paul LePage's infamous faux pas over the years and that Maine is a famously moderate state and LePage an extreme conservative, Woodward titled his front-page article, "How Did America's Craziest Governor Get Reelected?"

How on earth DID one of America's least popular and most divisive governors get reelected? Maine's ballot contained a referendum question on whether the state should ban the practice of baiting bears with donuts and other pastries (the ban was defeated). At the end of the politico.com article, Woodward, unintentionally perhaps, might have supplied the answer to why LePage won reelection. "The ballot measure [baiting bears] was defeated," he explained, "by some five points - about the same as LePage's margin of victory."

Maybe that explains why Mainers decided they haven't yet had enough of Paul LePage. Did bear baiters win it for him? Or do other pundits offer smarter theories? Or maybe no one really knows (except the bears).

But what I know for certain is this: if Woodward's hint by connecting the dots is correct, LePage bear baiters need to radically alter course. They need to start thanking the bears instead of shooting them.

By Michael T Bucci

Contact: mbucci@michaelbucci.com

(c) 2014 Michael T Bucci. All Rights reserved.

(Note: responses to emails might be delayed or not met.)

Michael T Bucci is a retired public relations executive from New Jersey presently residing in New England. His essays have appeared at The Market Oracle (UK). He is the author of nine books on practical spirituality including White Book: Cerithous.

© 2014 Copyright Michael T Bucci - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules