Thursday, September 4, 2008

BASED LOADED GRAND SLAM




QUOTE OF THE DAY:
"Don't hit at all if it is honorably possible to avoid hitting; but never hit soft.
" -Theodore Roosevelt (1858-1919)

STOCK MARKET:
I'm looking to be a BUYER of this market as we are seeing a continued overdone sell off in the broad indices. With that said, there is no need to buy all at once or to be a hero, so I'm trying to buy little by little into each of these down days. Looks like Dougie Kass is still the go to guy as far as market analysis, as this time the famed short-seller is turning bullish on this market.

POLITICS:
GOP Convention Night #2--Grade: A+
In a sharp contrast to the forced praise by the Clintons of BHO at last week "Dem"-ver Convention, last night saw Romney, Huckabee and Giuliani give genuine praise to the victor of their party's nomination.

Romney's speech was like music to the core conservative ear, with the telegenic and astute Mormon talking about limited government, family values and free market capitalism with low taxes and regulation from Washington.

Huckabee appealed to working class, social conservative voters with his aw-shucks/preacher combination delivery. He was effective in describing how he became Republican not because he was born into wealth (he wasn't), but because he wanted a chance at prosperity, and only the free markets that Republicans champion can provide that as opposed to the socialist aspects of the Dems.

Of the three, however, Rudy Giuliani proved he has no equal as far as charisma in public speaking. He played a similar role in the 2004 GOP Convention, where his speech blended sardonic wit, red meat attacks, and cogent analysis. Here, we saw an even better speech than 2004, and I suspect that this speech will be remembered for quite some time in the same way Zell Miller's legendary 2004 speech is still referenced.

Finally, Sarah Palin, under unspeakable pressure, came out after the aforementioned three gentlemen had reached base and delivered a grand slam. She delivered VP attack dog commentary on the Dems with a smile and some apple pie appeal. In particular, it's hard to imagine how single mothers (probably the key to the election on top of white working class voters in general) were not mesmerized by her shockingly smooth combination of femininity and grit. It's the kind of combination Hillary has been unsuccessfully trying to pull off for years.

Even though the daily tracking polls that would have reflected a post-Palin speech opinion have not been released, a key tell has been the knee-jerk reaction of liberals who right away went on the air and blogs accusing Palin of being mean and nasty in an attempt to marginalize her. Again, this argument fails because Palin differs so greatly from Hillary, and is also yet another attempt at sexism by claiming a woman can't be tough without coming off like Rosie O'Donnell. But across the aboard, even the most communist of publications have conceded the powerful impact of Palin's speech. Anyone who thought this race would be anything other than a barn-burner has better be prepared to stay up very late on November 4, 2008.


No comments: