Tuesday, October 5, 2010

BloggeRhythms 10/5/2010

When you look at the condition investors and businesses are in now, you have to think they'd do almost anything to see that the current administration is devoided of power, because if not, there's a reasonable chance they'll go broke altogether.
Then you look at the polls and they all indicate a huge swing away from incumbents, suggesting that after November 4th there'll likely be a move toward recovery.

So, what do these rocket scientists in business do when on the brink of actually seeing an economic turnaround and a chance to recapture some bucks? They start investing now, to get an edge on the curve. And by greedily grasping now, to perhaps make some dollars ahead of the crowd, they're driving the stock markets up. And because the election isn't to come for a few more weeks, who'll get credit for the uptick and spurt? Why, the incumbents of course. That means these turkeys in business have not only gone out and loaded their guns in hope of big game, they've stupidly aimed them right at themselves.

And speaking of stupid, I can't believe a blurb I just read. But it seems Donald Trump is mumbling about running for president. He claims he's a Republican, and said "I'm totally being serious because I can't stand what's happening to the country. First time I am being serious about it. I've been asked for years to do it. And I had no interest. This is the first time I am -- at least I'm considering it. That doesn't say I'm going to do it ... but I am seriously considering it."

Now, of course, this is Trump himself who delivered the news, so you just have to wonder why he'd propose an idea as far fetched as that. And, since it's him, there must be an angle and some kind of hook here that will help him get out of debt. Because when you've failed as many times as he has, and in so many different businesses he can't possibly have a quarter that isn't encumbered. It's also likely the banks own every asset he's ever touched, up to and including his jockey shorts.

But, this is still America, the home of the free and the brave. So that means that if Trump's brave enough to run he can mount a campaign. What's more he can probably advertise too, as long as it's free...because otherwise how else can he afford it?

That's it for today folks.

Adios

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