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Entries in Obama Scandals (50)

Monday
Sep242018

Trump Economy Naysayers Lesson

 

Reading Instructions: 

  • Put Down the iPhones
  • Know a 10 Sec. News Sound Byte is not all the Facts
  • Read actual Historical Facts on Record
  • Learn how to discover the Real Facts for yourself 

Fully understand what President Trump is accomplishing by comparing today's real facts to historial facts from 1843 to 2018 - You be the Judge... Enjoy this article, a real US History lesson!

 

To Every Thing There Is a Season,                                               But Your Portfolio Shouldn’t Turn                                                   

By: Jason Zweig, Wall Street Journal

Sept. 21, 2018

Every year, as the end of summer approaches, monarch butterflies head for Mexico, birds migrate south for the winter, and financial pundits predict that the stock market is about to crash.

Is the longstanding popular belief that September and October are the worst months for stocks valid?     Yes and no—mostly no.

Yes, some of the worst days in Wall Street’s history have hit during September and October - But that’s no reason to panic.

• On Sept. 24, 1869, the original Black Friday, the price of gold collapsed roughly 20% and took the stock market down with it.

• On Sept. 18, 1873, the investment bank Jay Cooke & Co. suspended payments, setting off a series of bank failures that triggered one of the worst depressions in U.S. history.

•  On Oct. 16, 1907, a busted speculation in copper led to a run on some of New York’s biggest banks, sparking a panic that ended only when J.P. Morgan personally intervened—ultimately leading to the creation of the Federal Reserve.

• On Oct. 28, 1929, “Black Monday,” the Dow Jones Industrial Average lost 12.8% in the crash that set the stage for the Great Depression.

•  On Oct. 19, 1987, the Dow fell 22.6%, the worst daily loss in its history.

• On Sept. 15, 2008, Lehman Brothers failed, ushering in the darkest days of the global financial crisis.

Is this destiny, or just random variation?

According to William Schwert, a finance professor at the University of Rochester who studies the history of asset prices, September does have the lowest average return of any month. From 1834 (the earliest date for broad market data) through 2018, September is the only month whose average return is negative -- at minus 0.4%.

Why Do You Think They Call It 'Fall'? The U.S. stock market has, on average, earned its lowest monthly returns in September. That might be a predictable result of less sunlight and colder weather–or it might just be a random fluctuation. Average returns on U.S. stocks between 1946–2018 by month. Source: G. William Schwert, University of Rochester

But the differences across months have been small, so you shouldn’t read much into September’s relatively poor historical average return, cautions Prof. Schwert.

Over the long run, December has the best average monthly return, at nearly 1.4%, with January close behind at 1.2%. The variations “don’t have much economic significance,” says Prof. Schwert.

As for October, its returns are positive on average, at 0.4% since 1834. Since 2002, October is the third-best month, with an average 1.6% return -- even though the S&P 500 lost nearly a fifth of its value in October 2008.

So investors’ fear of September and October is based less on evidence and more on what psychologists call “availability”—the human tendency to judge how likely an event is by how easily we can recall vivid examples of it. The horrific losses of October 2008 are hard to forget. The milder gains of 7% in October 2015 and 11% in October 2011 are hard to remember.

Investors might be more prone to worry this time of year, though. Researchers have found in numerous independent studies that as summer fades into fall, people’s behavior does turn with the leaves. As the hours of daylight dwindle, brain chemistry can change, reshaping how much risk some people are willing to take.

In his 1903 book,The ABC of Stock Speculation,” the financial chronicler Samuel Armstrong Nelson wrote: “Speculators are not disposed to trade as freely and confidently in wet and stormy weather as they are during the dry days when the sun is shining, and mankind cheerful and optimistic.” 

Investors trading options are more likely to expect losses in fall than in spring or winter. In the U.S., Canada and Australia, mutual-fund shareholders are all net sellers in their respective fall months, even though Australia’s autumn runs from March through May and it has a different tax year. 

Average returns on U.S. Treasuries appear to be higher in fall than in spring, suggesting that investors seek safety in the darker months. Stock analysts’ earnings forecasts are less optimistic in fall and winter than in spring and summer. 

Across more than 150 years of data, bidders at fine-art auctions paid more, on average, for paintings sold on longer, sunnier days than they did on shorter, darker days. Even players in the National Football League tend to be more aggressive in games played on hot days than on cool days. 

Of course, not all investing decisions are driven by psychology. Nowadays, people might tend to sell stocks in the fall in order to fund tuition payments coming due in September or to pay off credit-card debt they racked up on summer vacations. They might invest more in the first quarter of the year after pocketing year-end bonuses and tax refunds.

Still, “if bad news comes out in the fall, many investors may react more extremely than they might a few months later or earlier, when daylight is more plentiful,” says Lisa Kramer, a finance professor at the University of Toronto who has run several studies on how seasonal mood changes may affect financial behavior.

Although the stock market doesn’t always crash in the fall, you might well be more likely this time of year to treat smaller declines as harbingers of doom. Try, instead, to remember that the darkest months of the year often have the brightest returns.

Write to Jason Zweig at intelligentinvestor@wsj.com 

Wednesday
Nov022016

Election News Email Dump Twist 


 
Integrity in Journalism - Is There any Truth?

Close Relationship of Hillary & Huma 

 

Is a story about a lesbian first lady ever true?

They read at first blush like the plaints of a lovelorn schoolgirl. “Oh dear one,” begins a letter dated 1933. “It is all the little things, tones in your voice, the feel of your hair, gestures, these are the things I think about and long for.”

Goes another when the two were apart: “Hick darling. Oh I want to put my arms around you. I ache to hold you close. Your ring is a great comfort. I look at it and think, she does love me, or I wouldn’t be wearing it.”

These newly released billets-doux were, in fact, written on White House stationery by Eleanor Roosevelt. They have suddenly ignited a sizzling scholarly debate about their author’s relationship with the woman they were addressed to: a salty, cigar-smoking, stoutly built reporter named Lorena Hickok.

As author Doris Faber reveals in her 1979 book, The Life of Lorena Hickok, the journalist and the President’s lady were an odd couple but a close one. They exchanged 3,360 letters in a correspondence that began in 1932 and ended with Eleanor’s death three decades later. Large numbers sound familiar? - like 3,360 Roosevelt letters verses 600,000 Clinton emails? Of course, there are  Hillary-Huma private emails expected in that mix too.

Forty years have passed since Doris Faber uncovered, to her frank dismay, incontrovertible evidence at the F.D.R. - Roosevelt Library that Eleanor Roosevelt had once been in love with another woman, a crackerjack Associated Press reporter named Lorena Hickok. The two women had exchanged more than 3,300 letters that survive—we’ll never know how many more Hickok destroyed due to their explicit nature.

Like much of the early scholarship surrounding the Roosevelt-Hickok relationship, “The Life of Lorena Hickok” (1980), the book that resulted from Ms. Faber’s discovery, suffered from a did-they-or-didn’t-they prurience in keeping with Reagan-era squeamishness about AIDS and gay issues generally. It fell to Blanche Wiesen Cook to dispel Victorian prudery and sensationalism alike. Ms. Cook’s game-changing work is rightfully acknowledged by Susan Quinn in “Eleanor and Hick,” her poignant account of a love affair doomed by circumstance and conflicting needs. Combining exhaustive research with emotional nuance, Ms. Quinn dives deep to convey the differing characters of president and first lady. Confronted with the pending divorce of their daughter, Anna, Eleanor encourages the younger woman to escape an unhappy marriage. FDR, by contrast, urges caution, reminding her that many couples “got on very well in the end without love.”

By her own admission, Eleanor Roosevelt fought a lifelong battle against fear, the fear of being unloved most of all. It was a vulnerability she was quick to recognize in others. Enter Lorena Hickok, Hick to her friends and colleagues. Raised in rural South Dakota, she survived a nightmarish childhood with an abusive father who, not content to beat his animal-loving daughter, dashed a favorite kitten’s brains against the barn. Taught “never to expect love or affection from anyone,” Hick was 13 when her mother died. Within a year she was sent packing by the dead woman’s replacement. Taking refuge in books and music, she found work, at age 19, as a cub reporter on a Battle Creek, Mich., newspaper. There she impressed editors with her versatility, humor and sensitivity toward outcasts of every stripe. In Minneapolis and Milwaukee she covered sports as authoritatively as a society ball. By 1932 the sole woman reporter on Franklin Roosevelt’s presidential campaign train, Hick concluded of the candidate’s wife: “That woman is unhappy about something.”

Her journalist’s intuition served her better than her journalist’s detachment. Before Election Day, Hickok had been given a privileged glimpse into the unorthodox Roosevelt marriage—into Eleanor’s “special friendship” with a handsome New York state trooper named Earl Miller; and Franklin’s intimate attachment to his longtime personal secretary Missy LeHand. All this Hick kept secret, along with FDR’s long-ago betrayal of his marital vows—and her own growing attachment to the tall, vulnerable woman who trusted her discretion.

“Remember,” Eleanor told Hick shortly after becoming first lady, “no one is just what you are to me.” By then Hick had quit the AP, trading her career for a fantasy life to be shared exclusively with her new love. For her part, ER plotted ways to escape the White House, traveling—more or less—incognito with Hick through Canada and on the West Coast. When, inevitably, their identities were uncovered, Hick’s former colleagues were not kind in their descriptions of her girth, appetite or bruising manner. Sufficient hints were dropped to feed suspicions about the first lady’s unconventional attachments.

Eventually, Eleanor’s ardor cooled. Needing to be needed, she couldn’t bear the thought of being possessed. “You have a feeling for me which I may not return in kind,” she told Hick in 1935. Deeply wounded, Hickok took to the road as a semiofficial diarist of the Great Depression. 


Friday
Sep182015

Get to the Back of the Bus or Be Thrown Under it!

Do you ever get that tired rundown feeling all the time?--You know, it's actually from always being thrown down under the bus and backed over repeatedly.

Aren't you just getting weary of endlessly hearing about why we are accused of being an unjust, dishonest, conniving American people, blamed for every little glitch in our society or in the world? Obama believes the demographics have changed in America to support his narrative saying, "That's not who we are!" But, either we're being too bigoted or too gluttonous, but also condemned for our extreme values of Constitutional laws protecting individual rights  by limiting the balance of power in Washington politics.

Without those pesky individual rights, the totalitarian government's theology takes controls to supersede beyond imagination a voracious appetite to categorize everyone within its profiles according to Federally mandated standards. So no one's above the law, only below the purview of government legislation to be told what to do. That's bureaucratic bigotry targeting individuals. 

I'll let a great American patriot speak and whom I met, shook his hand and spoke to on a few occasions after church services in Bel Air, CA in the mid-1960s before Ronald Reagan ran for Governor of California in 1967. He served two terms from 1967 to 1975 and declined a third term to run for President from 1981 to 1989 instead.

President Ronald Reagan's uplifting, positive views and outlook are different than Barack. Obama's downward stilted, left-wing socialist ideals view our society within communal groups responsible for every individual's travesty in order to create a political divide, guilty as charged. 

 

 

Tuesday
Sep082015

3-D Doppleganger - New Wave Future Politics

Imagine: A Ronald Reagan hologram in his Presidential Library!A Three-Dimensional Doppleganger, a very strange word indeed, is new to most people. The word doppelganger is German and literally means double walker — as in a ghost or shadow of yourself. It's someone who looks spookily like you, but isn't a twin, is a doppelganger. Famous personalities in the past were known to use doppelgangers to thwart off personal physical attacks or assassination attempts. In some realtime circumstances it made perfect sense to people like Adolph Hitler or Saddam Hussein, but what does it mean to you?

Invented in 1584, an Italian scientist named Giambattista della Porta, inventor of the camera obscura, first described creating a 3-D Oculus Rift-like effect in a paper titled "How we may see in a chamber things that are not."

By 1997, a German inventor, Uwe Maass created a 3-D experience like that in the first old Sci-Fi movies with those clunky, special 3-D glasses; but his new technology offered images without those glasses or limiting the image projection only onto a movie screen. Uwe Masse offered a holographic effect projecting a 3-D image onto thin, clear plastic film to create a virtual 3-D doppelganger experience.

In September 2014, Jullian Assange, the WikiLeaks founder who has spent three years in asylum while still holed up in the Ecuadorian embassy in London, appeared in front of nearly 1,000 people in Nantucket, MA answering questions from the crowd and even attempted a hologram-to-human high five at the end.  

In November 2014, late-night talk show host Jimmy Kimmel hosted his show simultaneously in Los Angeles, CA and at the Country Music Awards in Nashville, TN appearing by hologram. It was an instant hit. The Jimmy Kimmel Show is building an installation now so the host can beam people in for interviews at any time.

The exciting probabilities are even more exponentially explosive when considering electioneering possibilities. 

In 2014, Narenda Modi enters the race for prime minister of India with polling numbers of 34 percent, not good. But then, he delivers speeches to hundreds of rallies by hologram as he spoke at over 1,400 locations, reaching 14 million additional voters. He then started generating enormous crowds, 30,000 to 40,000 and wins the election garnering a rare plurality with 53% of the vote. 

In 2014, Uwe Maass reported that a team from Hillary Clinton's campaign visitedHillary's Holographic Image Redo with his Beverly Hills, CA production studio and seemed intrigued. He was enthusiastic that Hillary is going to go for it too. If Hillary does it and wins, then it's going to be easy to have it seen as a major electioneering campaign tool.  

This new 3-D Doppleganger technology is available to all and it appears it will certainly add to the social media mix as a king-maker to the political candidate hopefuls. It is certainly a cutting edge political media tool in the making. 

Tuesday
Jul212015

The Qur'an - Real Truth Revealed

"Allah Gave Israel to The Jews, There's No Palestine."

 

The Koran 

Muslim scholar in Jordan attacks 'Palestinians' for distorting Koran, Jews given Israel 'until Day of Judgement.'

By Ari Yashar, 2/6/2014

 

Allah has promised Israel to the Jews -- so says Sheikh Ahmad Adwan, a Muslim scholar living in Jordan, who declared on his Facebook page recently that "Palestine" doesn't exist.

Blogger Elder of Ziyon translated Arab news sources that this Saturday reported on Adwan's statements, in which he quotes the Koran saying Allah assigned Israel to the Jews until the Day of Judgment (Sura 5 Verse 21), and that Jews are the inheritors of Israel (Sura 26 Verse 59).

"I say to those who distort...the Koran: from where did you bring the name Palestine, you liars, you accursed, when Allah has already named it 'The Holy Land' and bequeathed it to the Children of Israel until the Day of Judgment," argued Adwan. "There is no such thing as 'Palestine' in the Koran."

"Your demand for the Land of Israel is a falsehood and it constitutes an attack on the Koran, on the Jews and their land. Therefore you won’t succeed, and Allah will fail you and humiliate you, because Allah is the one who will protect them (i.e. the Jews)," warns Adwan.

The sheikh had more harsh words for the "Palestinians," calling them "the killers of children, the elderly and women" in using them as human shields in order to falsely accuse the Jews of targeting them. He reports having seen the same tactic used by "Palestinians" against the Jordanian army in the 1970s.

"This is their habit and custom, their viciousness, their having hearts of stones towards their children, and their lying to public opinion, in order to get its support," declared Adwan.

Adwan has previously said his support for the Jewish people "comes from my acknowledgment of their sovereignty on their land and my belief in the Koran, which told us and emphasized this in many places, like His (Allah’s) saying ”Oh People (i.e the Children of Israel), enter the Holy Land which Allah has assigned unto you'" (Sura 5, Verse 21).

The Jews are a peaceful people according to Adwan, who says "if they are attacked, they defend themselves while causing as little damage to the attackers as possible. It is an honor for them that Allah has chosen them over the worlds – meaning over the people and the Jinns (spiritual creatures) until the Day of Judgment. ...When Allah chose them, He didn’t do so out of politeness, and He wasn’t unjust other peoples, it is just that they (the Jews) deserved this.”