Here comes all the “empty suit” references from the rightwing mouthbreathing, knuckledragging squad.
John McCain/Bush stands for a third term of the disasterous Bush administration, the guy should be stuffed and mounted and put in a museum somewhere in South Carolina.
Here are some of Senator Barack Obama’s positions:
When is 3 percent better than 6 percent? Yeah, we all know the answer, but only until the prices of the securities we already own begin to fall. Then, logic and mathematical acumen disappear and we become susceptible to all kinds of special cures for the periodic onset of higher interest rates. We’ll be told to sit in cash until rates stop rising, or to sell the securities we own now, before they lose even more of their precious Market Value. Other gurus will suggest the purchase of shorter-term bonds or CDs (ugh) to stem the tide of the perceived erosion in portfolio values. There are two important things that your mother never told you about Income Investing: (1) Higher Interest Rates are good for investors, even better than lower rates, and (2) Selecting the right securities to take advantage of the interest rate cycle is not particularly difficult.
Higher Interest Rates are the result of the Government’s efforts to slow a growing economy in hopes of preventing an appearance of the three headed inflation monster. A quick glance over your shoulder might remind you of recent times when the government was trying to heal the wounds of a misguided Wall Street attack on traditional investment principles by lowering interest rates. The strategy worked, the economy rebounded, and Wall Street is trying to scramble back to where it was nearly six years ago. Think about the impact of changing interest rates on your Income Securities during the past five years. Bonds and Preferred Stocks; Government and Municipal Securities; they all moved higher in Market Value. Sure you felt wealthier, but the increase in your Annual Spendable Income got smaller and smaller. Your total income could well have decreased during the period as higher interest rate holdings were called away (at face value), and reinvestments were made at lower yields!
Australian Government direct investment in developing fossil fuels is 50 times what it’s investing in alternative energy – apart from tax and other subsidies to fossil fuel industries. Gas-guzzling 4-wheel drive vehicles (mostly “urban tractors”) attract low sales tax. Investment in freeway is many multiples of investment in public transport. Urban planning revolves around motor vehicles and costly commuting – and exponential population growth (including subsidies for new births) in defiance of increasing water shortage, and desertification of former “food bowls”. Globally enormous Government and other investment is pouring into increasing international air travel. Economics revolves around “growth” of unsustainable consumerism. And so it goes. What do you see where you are?
Corporate response: Competitive response and risk management Corporations are faced with meeting economic, environmental and social goals. There are two key ways in which corporations will respond within the economics of climate change:
· Competitive response and developing the opportunity set – mainly focuses on mitigation. Climate change becomes a focus of corporate attention and corporations launch new business opportunities; · Risk management – mainly focuses on adaptation and corporate responsibility. Increasingly, markets will start to focus on the net carbon position of companies and businesses will integrate climate change risk into their policies and procedures.
Obama says hes going to lower taxes for 95% of Americans. Spend 15 billion dollars on alternative energy investments. develop eco-friendly vehicles. Invest in early childhood education and raise our teachers salaries. Pay for everyones college tuition. Give the military better tools and raise the military benefits to what they used to be, and create a cheep universal health care system that would cost the government millions. Is it just me or do these numbers not add up. As great as all this “change” would be, is it really possible. I mean, all this talk is coming from the guy who has written two memoirs but has not been the main author of a single piece of legislature. As a senator he has more time to propose and write laws, and he cant make change happen with the power he has now. As president he can propose laws but is also busy balancing a budget, dealing with foreign affairs,making sure the laws are followed, and alot of other presidential affairs. How can we expect him to bring change when he cant bring change as a senator? and on top of that, how does he plan on paying for this change while still lowering the taxes?
How much will President Obama’s plans for economic stimulus and other federal spending cost the American taxpayers? The Competitive Enterprise Institute does the math.
Corporate response: Competitive response and risk management Corporations are faced with meeting economic, environmental and social goals. There are two key ways in which corporations will respond within the economics of climate change:
· Competitive response and developing the opportunity set – mainly focuses on mitigation. Climate change becomes a focus of corporate attention and corporations launch new business opportunities; · Risk management – mainly focuses on adaptation and corporate responsibility. Increasingly, markets will start to focus on the net carbon position of companies and businesses will integrate climate change risk into their policies and procedures.
It seems that change is the underlying theme in the American culture today. With the new administration in the White House and a fresh sense of ânewâ things to come, people are looking to change their old ways and move on to a new and perhaps better way of life. When it comes to personal finance, there is a resounding difference in what people are searching for in their investments and portfolios. It is only natural to have such an inclination since most Americans have lost a huge chunk of their hard-earned money in a blink of an eye. Real estate investments and hedge funds were all the rage years ago but all that will soon be replaced by safer and more defensive investments. Let the recent financial crisis be a lesson for all of us. We should all rebuild our savings in a safer and more cost-effective way by revisiting our portfolio in a new light. We should practice the power of change in managing our portfolio. Hereâs how.
