Showing posts with label John McCain. Show all posts
Showing posts with label John McCain. Show all posts

Tuesday, September 02, 2008

McCain Victory will lead to lower Commodity and Energy prices

As a McCain victory in November looks more and more likely and with it a significant overdue change in US energy policy and strategy, energy prices and commodities will continue to decline on the hope of new found opportunities in exploration.
The McCain policy of increasing capacity flies in the face of the last 40years of US energy policy of conservation and waiting for a miracle magic resource the takes away nothing and adds something. Like so many of these fantasy no cost to you ,no money down ideas it has lead to a dangerous dependence on importing foreign oil as a political tool in lieu of foreign aid . Yes there are many alternatives such as nuclear, natural gas and coal but expansion of use of these resources has also been stifled by 40 years of the “fossil fuels are evil lobby”.

Senator McCain’s recent performance and political mastery of appointment of Alaska’s Governor Sarah Palin puts him in the driver seat for this November’s election. Go ahead let the opposition attack “motherhood” and focus on family matters all they want, it is simply a non starter with the American public and will do even more damage to the wood be McGovern –ites.

This blogger for one would like to say good riddance to the policy of energy constriction and the whole 1970’s mentality and thinks the time may be right for change .Recent weakness in commodity prices maybe confirming a McCain Victory will lead to lower Commodity and Energy prices


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Monday, June 09, 2008

McCain and Obama using the Carter play book

Ok so you are really surprised the proposed policies from our political leadership dating back to the Carter Era will not cause the same results? With Hillary out and McCain and Obama using the Carter play book the market quickly passed judgment like it or not on the foolish Carter style agenda.

It’s also important to remember that employment is a lagging indicator and unemployment will continue to climb for some time after the end of the current slow down. This factor will be exacerbated by the continued growth in productivity and the continued “under the radar” growth in home based technology businesses and professional consultants from all fields working from home or should I say from a laptop and blackberry. And of course at the low end the latest increase in the minimum wage which dis-employed many teens and students.