Best of the Week
Most Popular
1. Climate Change Mass Extinction - Birds, Bees and Bugs: Going Going Gone - Richard_Mills
2.A Purrrfect Gold Price Setup! - Peter_Degraaf
3.Who Finances America's Borrowing? Recession Indicator for Independent Thinkers Part 2 - F_F_Wiley
4.America’s One-sided Domestic Financial War - Raymond_Matison
5.Gold Price Summer Doldrums - Zeal_LLC
6.Two Key Events Will Unleash Gold - Jim_Willie_CB
7.Billionaire Schools Teacher in NAFTA Trade Talks - Richard_Mills
8.Get Out Of Crypto Cannabis Bubble Before It Pops and Move Into Bargain Basement Miners - Jeb_Handwerger
9.Stock Market Could Pullback for 1-2 weeks, But Medium Term Bullish - Troy_Bombardia
10.G7 Chaos, Central Banks and US Fed Will Drive Stock Prices This Week - Chris_Vermeulen
Last 7 days
SPX/Gold, Long-term Yields & Yield Curve 3 Amigos Update - 22nd Jun 18
Gold - How Long Can This Last? - 22nd Jun 18
Dow Has Fallen 8 days in a Row. Medium-long Term Bullish for Stocks - 22nd Jun 18
Trouble Spotting Market Trends? This Can Help - 22nd Jun 18
Financial Markets Analysis and Trend Forecasts 2018 - A Message from Nadeem Walayat - 21st Jun 18
SPX Bouncing Above Support - 21st Jun 18
Things You Need To Know If You Want To Invest In Bitcoin Now - 21st Jun 18
The NASDAQ’s Outperformance vs. the Dow is Very Bullish - 21st Jun 18
Warning All Investors: Global Stock Market Are Shifting Away From US Price Correlation - 20th Jun 18
Gold GLD ETF Update… Breakdown ? - 20th Jun 18
Short-term Turnaround in Bitcoin Might Not Be What You Think - 19th Jun 18
Stock Market’s Short Term Downside Will be Limited - 19th Jun 18
Natural Gas Setup for 32% Move in UGAZ Fund - 19th Jun 18
Magnus Collective To Empower Automation And Artificial Intelligence - 19th Jun 18
Trump A Bull in a China Shop - 19th Jun 18
Minor Car Accident! What Happens After You Report Your Accident to Your Insurer - 19th Jun 18
US Majors Flush Out A Major Pivot Low and What’s Next - 18th Jun 18
Cocoa Commodities Trading Analysis - 18th Jun 18
Stock Market Consolidating in an Uptrend - 18th Jun 18
Russell Has Gone Up 7 Weeks in a Row. EXTREMELY Bullish for Stocks - 18th Jun 18
What Happens Next to Stocks when Tech Massively Outperforms Utilities and Consumer Staples - 18th Jun 18
The Trillion Dollar Market You’ve Never Heard Of - 18th Jun 18
The Corruption of Capitalism - 17th Jun 18
North Korea, Trade Wars, Precious Metals and Bitcoin - 17th Jun 18
Climate Change and Fish Stocks – Burning Oxygen! - 17th Jun 18
A $1,180 Ticket to NEW Trading Opportunities, FREE! - 16th Jun 18
Gold Bullish on Fed Interest Rate Hike - 16th Jun 18
Respite for Bitcoin Traders Might Be Deceptive - 16th Jun 18
The Euro Crashed Yesterday. Bearish for Euro and Bullish for USD - 15th Jun 18
Inflation Trade, in Progress Since Gold Kicked it Off - 15th Jun 18
Can Saudi Arabia Prevent The Next Oil Shock? - 15th Jun 18
The Biggest Online Gambling Companies - 15th Jun 18
Powell's Excess Reserve Change and Gold - 15th Jun 18
Is This a Big Sign of a Big Stock Market Turn? - 15th Jun 18
Will Italy Sink the EU and Boost Gold? - 15th Jun 18
Bumper Crash! Land Rover Discovery Sport vs Audi - 15th Jun 18
Stock Market Topping Pattern or Just Pause Before Going Higher? - 14th Jun 18
Is the ECB Ending QE a Good Thing? Markets Think So - 14th Jun 18
Yield Curve Continues to Flatten. A Bullish Sign for the Stock Market - 14th Jun 18
How Online Gambling has Impacted the Economy - 14th Jun 18
Crude Oil Price Targeting $58 ppb Before Finding Support - 14th Jun 18
Stock Market Near Another Top? - 14th Jun 18
Thorpe Park REAL Walking Dead Living Nightmare Zombie Car Park Ride Experience! - 14th Jun 18

Market Oracle FREE Newsletter

5 "Tells" that the Stock Markets Are About to Reverse

Obama Dazzles Old Europe while Freaky McCain Cries!

Politics / US Politics Jul 26, 2008 - 11:23 AM GMT

By: Mike_Whitney

Politics Best Financial Markets Analysis ArticleBarack Obama proved yesterday why November's presidential election will end in a 50-state sweep. John McCain has no chance. It's like George Bush climbing into the ring with Mike Tyson; one thundering left hook and the Crawford Caligula would be sprawled across the canvas in a pool of his own blood. "No mas"! The same fate awaits the crabby senator from Arizona. The polls are skewed to look like there's a political horse-race going on. There isn't. It's a complete rout. There's one well-toned thoroughbred striding from venue to venue electrifying the ever-increasing throngs, and one doddering, old mare limping towards the glue-factory. Someone should put a stop to it before McCain gets hurt.


Yesterday, at the Victory Column in Berlin's Tiergarten, Obama extracted Old Glory from the burn-pile and gave Brand America a desperately needed shot of adrenaline. 200,000 ecstatic Germans jammed the streets in what turned out to be the political shindig of the year. Many of them were waving American flags and chanting, "Obama, Obama, Obama". It was like Jack Kennedy had risen from his moldy sepulcher and made his way across the pond for one last rousing ovation. Obama has the very same affect on crowds. Its a gift and he knows how to use it to great advantage.

"People of Berlin, people of the world, this is our moment, this is our time," Obama boomed. "I know my country has not perfected itself, we've made our share of mistakes and there are times when our actions around the world have not lived up to our best intentions. But the greatest danger of all is to allow new walls to divide us from one another."

What can we say about Obama's oratory skills that hasn't already been said? He is one of those unique characters who knows how to tap into the collective psyche and put them under his spell. He is the closest thing to a Pied Piper we've seen in the last half century. Whatever one thinks of his politics, his speeches are a welcome reprieve from the simian blabbering of President Dimwit.

"I speak to you not as a candidate for president, but as a citizen; a proud citizen of the United States and a fellow citizen of the world."
(Roaring applause)


JOHN McCAIN: Maverick or Freak?

Have you taken a look at the crowds at a McCain event, lately. Usually, there aren't any. Typically, there are more journalists and cameramen then people; and even they look bored. It's the truth. He generates no enthusiasm at all. None. He may be the most uninspiring, tedious, pure-vanilla candidate of all time; a complete dud. I challenge anyone to recite from memory anything John McCain has ever said in his 40 years in office. Time's up! When McCain begins to talk, its a signal for women to pull out the nail-files and for men to figure out how they're going to get out of cutting the lawn this week. Really. No one listens.

And the people that do manage to drag themselves to his speeches out of a sense of obligation are (you guessed it) scowling white guys with baseball caps pulled tightly over their ears or nearly-ambulatory Korea-era Vets who think the United Nations is a communist front-group that's planning to air-drop blue-helmets into Duluth to take over the United States. Tin-foil hats anyone?

Popularity and charisma are greatly overrated, but how does one survive in politics with neither. That's the question, and it may be the biggest mystery of McCain's candidacy. He's just not a likable guy. No one ever talks about hanging out and having a beer with John McCain, because they know that he might go "Jackie Chan" and start busting the place up. He's nuts. And he's utterly impossible to listen to. His high-pitched squeaky voice is about two octaves higher than a dog-whistle and twice as annoying. So how is he going to beat Obama. It's a total mismatch.

McCain is the perfect candidate for a party that has completely collapsed. He's like the "Jolly Roger" on the front of an iodine bottle; Brand X. In 2000, the Republican Party boasted it was the "party of ideas". What ideas? The Republican Party has never had ideas because the corporate mandarins and blue-blooded kleptocrats that run the party are suspicious of ideas, ideology, doctrine, philosophy or anything else that veers from their primary objectives of crushing the poor, despoiling the environment, carpet-bombing brown people wherever they may be, and enriching themselves. That's all they care about. The task of the right-wing think-tanks is to treat "war and tax cuts" like they're ideas. They're not. But war and tax cuts ARE the two foundation blocks of the Republican Party. There's nothing else; there never has been. Don't look for ideas; there aren't any.

I have no dog in this fight. I'm not voting for Obama because I don't think he'll withdraw the troops from Iraq or Afghanistan, repeal the Military Commissions Act, restore habeas corpus, negotiate a fair settlement between Israel and the Palestinians, or hold Bush and his gangster buddies accountable for the crimes they've committed during their time in office. But, just because I'm not voting for Obama, doesn't mean I've lost my marbles. I can still see the affect he has on people. He's not a candidate; he's a phenomenon. Obama is an explosive, vital, charismatic politician. When he speaks people feel better about themselves and their country. And, they're more hopeful about the future, too. That's what makes him unbeatable.

McCain, on the other hand, is the perfect embodiment of his party; a rusty, broken-down hulk that's been stripped of its engine, its fenders and all its moving parts. Even the steering wheel is gone. It's a dead-loss; nothing is salvageable.

McCain is in way over his head. This election is going to be a real embarrassment for him. It's too bad. He should be back at the Phoenix Rest Home shooing kids off the front lawn instead of waiting for the ax to fall in November. It's a rotten way to end a career.

By Mike Whitney

Email: fergiewhitney@msn.com

Mike is a well respected freelance writer living in Washington state, interested in politics and economics from a libertarian perspective.

Mike Whitney Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

helmutpaul@optusnet.com.au
27 Jul 08, 06:44
US Election

All this presumes of course that a free and fair election will take place. Diebold will see to that I'm sure. That said, McCain is obviously the annointed loser in the manner of John Kerry four years ago. Obama has been well selected. He looks and acts the model of political youth, yet threatens to be no less a puppet of the real string pullers than any other useless American president of the last fifty years. I'm sure he knows that the Kennedy solution awaits if he dares to act against the wishes of the real powers that be.


Post Comment

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

6 Critical Money Making Rules