Steve, mostly correct except for one thing, your premise that any of
them know what the "right thing" is. I don't think that there is a
politician in DC who does.
Lester
On Oct 12, 2010, at 2:42 PM, Steven Guterman wrote:
> There is little question in my mind that the nickname Yobama is
> meant to be
> derogatory from who ever uses it, Dem or Rep. We live in a free
> country so
> we can say what we want.
>
> The big issue is that politicians now say and do what they feel they
> need to
> in order to get elected. Very very few do what they know is the right
> thing.
>
> The structure of our government is pretty good except they missed
> the fact
> that when the white house and congress are both inhabited by the
> same party
> much goes wrong. It happened many times over the past 30 years.
> We loose
> the "checks and balance"
>
> I have a friend that has a very simple investment thesis. He puts
> money
> into the market when congress is on vacation and takes it out when
> they
> return. It has worked well for him under both Rep and Dems.
> Washington is
> good at doing the wrong thing, but sometimes they are needed.
>
> Steve
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