Investors 411 Blog

by Barr Jozwicki
May 16, 2008

Market Update – The New Dynamic Duo

Author: Barr Jozwicki - Categories: Uncategorized - Tags: , , ,

Fear mongering – McCain and Bush, the new Dynamic Duo , launched what is obviously a coordinated attack (Karl Rove is now an advisor to McCain) on Barack Obama because he is open to talking with “radicals” See front page Boston Globe and other papers.

Bush equates talking with potential and real enemies with the appeasement of Hitler. Obviously there is a huge difference between talking and appeasement. But let’s get right to the Bush quote – speaking in front of the Israeli parliament Bush states

“Some seem to believe we should negotiate with terrorists and radicals, as if some ingenious argument will persuade them they have been wrong all along. We have heard this foolish delusion before. As Nazi tanks crossed into Poland in 1939, an American senator declared: “Lord, if only I could have talked to Hitler, all of this might have been avoided.” We have an obligation to call this what it is – the false comfort of appeasement, which has been repeatedly discredited by history.”

To start, two of Bush’s major foreign policy achievements have been achieved by talking to terrorists and radicals

1) In Libya we talked the terrorist dictator Col. Quadafi and got him to drop his nuke program. Foe some of you to young to remember this terrorist took down a passenger plane over Scotland.
2) In North Korea we talked to another despicable despot/terrorist and moved him away from nuclear weapons. (a work in progress)

Nixon not only talked the talk he walked the walk and went to communist China. We are a whole lot better off now not having a billion plus Chinese waving those little red books and calling for our destruction. Detente was used with the Russian’s during the cold war whose leader promised “Our children will bury you.”

McCain’s quote on Obama’s willingness to talk with “radical’s” and “terrorists” – “It is a serious error on the part of Senator Obama. It show’s a naiveté and inexperience and lack of judgment…”

Obama’s response to Bush –Instead of tough talk and no action, we need to do what Kennedy, Nixon, and Reagan did and use all elements of American power – including tough, principled, and direct diplomacy – to pressure countries like Syria and Iran. George Bush knows that I never supported engagement with terrorists, and the president’s extraordinary politicization of foreign policy and the politics of fear do nothing to secure the American people or our stalwart ally Israel.”

Most American’s have woken up to Bush’s fear mongering and will no longer support a President who divides the world into “you’re either with us or against us” Hillary Clinton weighed in and found Bush’s remark’s “offensive and outrageous.” John McCain should denounce Bush’s fear mongering appeasement analogy instead of accepting it.

Winston Churchill, Britain’s famous WW 2 leader, said it best

“It’s always better to jaw to jaw than to war to war.”

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May 7, 2008

Market Update – Elections

Author: Barr Jozwicki - Categories: Uncategorized - Tags: ,

Elections

Most of you are focused on the big rebound Obama had in North Carolina and Indiana last night. Right wing radio led by Rush Limbaugh’s “Operation Chaos” did get Republican’s to cross over and vote for Clinton. Again a reasonable guesstimate of this impact is between 2% and 8% of the vote.

However, here in little Brookline Massachusetts we had an election too where our major ballot initiative to increase local taxes won by about 8500 to 5000 votes – More funding for local fire, police and schools.

I was a candidate running for 5 open positions and did win re election. Came in second by one vote. An old friend whose campaign’s I have managed before topped the ticket. Therefore, Market Updates has suffered over the last two days. Will be back tomorrow.

Almost every new ETF recently recommended are streaking higher.

Will leave you with “The Empire Strikes Barak” If you are an Obama fan or neutral this is funny. http://www.youtube.com/watch?v=a8lvc-azCXY

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