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GOP's Palin Could Be Savior of Stock Market
Stocks didn't have a snowball's chance in hell until McCain tapped the Alaska governor.
 
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User Comments
Posted by: jeffk1
Are you daft? McCain's 'judgement' has us spending $10B/month looking for WMD? Does he even know what 'success' in Iraq means? Imagine if we spent $10B/month on schools: how powerful an economic force we would be with such an educated work force?

Our country cannot afford more spend-spend-spend of the Republicans! (yes, this makes the rich richer ...but read the news, every one else is getting poorer...)
Posted by: michman
Just to be 'Fair and Balanced'.... as of today 9/29/08 the S&P 500 is down about 12% from Luskin's great call on Palin's being the 'Savior of the Stock Market'
What a ticket that would be....Palin/Luskin.....BrainPower Inc. !!
Posted by: joebark9
oops. the correct word is 'presidential'
Posted by: joebark9
Obama had no clue who he should pick for VP. The DNC picked Joe Biden for him.
The DNC did not want Hillary for Pres., because they didn't want her husband in the WhiteHouse again. They didn't want to lose women voters that detested her because she put up with his womenizing prior to and during their stay in the WhiteHouse. So vote for the candidate you want in the WhiteHouse, be cool
and when the economy comes back up the candidate who wins the presential election will be credited with the recovery even if he had/has nothing to do with it... Thats the way it has always been.. LUCK...
this post by AMERICANMAN
Posted by: michman
A Moose in the Headlights... did you see the CBS Palin interview? WOW.... This woman is simply a fool. One can easily see why they have kept her in 'wraps', and not allowed her to speak to the press.
Now I understand you republicans must make excuses for her... but to all Independent voters.... to all thinking people... You cannot in good conscience allow this person be one heartbeat from the Presidency.
Posted by: tono-bungay
Insightful analysis from someone who said on September 5th 'If there's more downside, it won't be much.' And the infallible Intrade still gives Clinton better than 3% odds of winning in 2008, with active trading.
Posted by: michman
Where are dear Sarah's Tax Returns?
Since 1976, every major-party presidential and vice-presidential candidate has provided that information to the public before this date except a) Bush 1 b) Bus!*t 2 c) Leiberman.
For someone who 'has nothing to hide', she's dodging her ethics investigation, refusing to speak to the press, and stiffing the public on her tax returns. Sounds like the usual wide-stanced-party to me.
Posted by: RichPinto
It's always great to hear from the lowest common denominator McSame Palin voter!

Thanks for telling us all the facts about what your totally senile candidate and brain dead Barbie will do for America, since they are trying like hell to avoid all interviews that someone might actually ask them an unscrIpted question!! (Gasp... where ARE my flash cards?)

She shore is purdy, ain't she Franklin?!


Rich
Posted by: franklinbell

It is so great to see the liberals dancing in circles.

Go Sarah. Go Sarah. What a gal!
Posted by: swartzfr
You are cynical, hypocritical bigot. Anyone who actually believes what you say here is a mindless drone of the right.
Posted by: VABNKER
This must be one of the most preposterous posts I have ever read. Firstly, Palin and especially MCCain have absolutely no understanding of the Financial Markets and how they operate. Has this guy forgotten that when Clinton left the White House the Economy was robust. In the last 8 years Bush and his cohorts have driven us to this brink. What will the GOP do that Bush hasnt done. Yes Obama says he will increase capital gains taxes, which will primarily effect day and program traders. People with 401K and IRA accounts will not be impacted by the increase. An increase in the CG Tax might encourage peole to stop treating Equity accounts as Short Term Savings. I would like to see Congress or whomever change the law regarding program trading.
Posted by: RichPinto
Great last two comments. I'd like to add what a friend sent me last night (pasted below) it perfectly describes what would happen if Palin's family 'issues' were somehow transposed to the Obama family. It's a truly stunning reality check for those sucked into the Palin BS narrative, and IMO the REAL reason he is not up by 15 points in this race.

I'm reprinting and fowarding this to every person I can.

And before you give me some 'race card' crap, I'm a 55 YO white man in NH.


Digusted with McCain voters in NH...Rich


This is Your Nation on White Privilege


Sep 13, 2008 By Tim Wise

Tim Wise's ZSpace Page / ZSpace

For those who still can't grasp the concept of white privilege, or who are constantly looking for some easy-to-understand examples of it, perhaps this list will help.

White privilege is when you can get pregnant at seventeen like Bristol Palin and everyone is quick...(Read more of this comment)
Posted by: allynd
Treat Richard Nixon as a Democrat? ... one little adjustment. If my aunt had yams, she'd be my uncle. That is some seriously desperate revisionism. But desperation seems to be the Republican campaign theme. Otherwise, why not extol McCain's virtues, rather than making up rumors about his adversary. If desperation were an indicator we could foresee the outcome of this election already.

And choosing a crazed soccer mom, with a severe hankering for a new cold war, as second-in-command to an old codger teetering on the brink, shouldn't make anyone more comfortable.

At least when the economy gets the kill shot from McCain/Palin we'll have the comedic stylings of DL to sooth our misery!
Posted by: springchick
Are you kidding me? You seem encouraged that this election 'seems to be so much about personality.' Haven't Republicans learned anything from the George W. Bush fiasco? He won the majority of his votes based on his manufactured 'good ol' boy' personality, and look where we are now. The economy is in shambles along with everything else he has touched (or ignored, as he most likely did in this case).

And now here's Sarah Palin, displaying the same folksy 'personality' that Bush did, and so many voters are falling for it again! Apparently McCain became so desperate for attention that he and his campaign managers felt compelled to bring in a running mate with 'personality'--and even more importantly to them, one who could provide a 'first,' i.e., potential 'first female VP,' to counter the 'first black president' status that Obama can provide--regardless of Palin's lack of worthy qualifications for this country's vice presidential post.

The whole thing is condescending t...(Read more of this comment)
Posted by: RichPinto
Smart Money really pays you to write? Seriously??

I have'nt heard fewer specifics since the flash card reading McCain/Palin jr. high school rally. What an incredible line of 'reasoning'...that a teetering, increasingly feeble McCain, who has been one the major players in the deregulation frenzy, along with top economic advisor Phil 'Foreclosure' Graham are somehow going to change directions and save us.

Right..and I've got a bridge in Alaska I did/did'nt support for you too.

And for the most ludicrous of your contentions, that republicans are better for ANY part of the US economy, I'd advise readers to google 'republican democratic presidents economy' and read who is best in the 20 or so categories (GDP, inflation, unemployment, etc, etc)

Most cover 1953-2001, we'll spot you the disastrous Bush/republican congress led years. Ohh...right, and if Tricky d!*k was only a democrat, incredible line of logic!

When A...(Read more of this comment)
Posted by: michman
New York Times '...Governor Palin hired at least five schoolmates for official positions at salaries that far exceeded their private sector wages.
One of these, a former real estate agent, was made director of the State Division of Agriculture after citing her childhood love of cows as a qualification for the job...'

Yeah... you've sure got a real winner here !
Posted by: captainsam
Err ... may God have mercy on your soul. Oh, c'mon - you know what I meant.
Posted by: captainsam
UGH. Congratulations; this article has succeeded in making me refuse to read smartmoney.com articles ever again. Yes, raising cap gains is perhaps foolish and irritating to those of us who actually care about market gains. I don't agree with this ONE suggestion Obama has put forth, but to spin disagreement with this into 'Palin could be the savior of stock market' is just plain ignorant.

This hockey mom isn't going to do anything but get the sunday socialites to the polling booth to once again vote on their 'social issues' to the detriment of this country. No more war hawks, no more free market zealots, no more dictator executives. My USA has had enough. God bless America, God bless our troops, and God bless your soul for publishing this tripe.
Posted by: franklinbell
Sarah, Sarah. What a breath of fresh air. She could really help America.
The others have had their chance. Go Sarah!!
vernhuffer SmartMoney Insiders
81 Comments
It is vital that we get a genuine and competent reformer in the White House who will take steps to cut the deficit by taxing unearned income near the rate of payroll taxes. Piling up debt eventually leads to hyperinflation. balancing the Alaska state budget is a no brainer with money from oil and the Federal gpvernment flowing in. I doubt if McCain or Palin could stand up to the likes of Don Luskin.
Posted by: swartzfr
You are such a partisan dolt. I find it hard to believe they actually pay you for this gibberish. You and the nonsense you peddle are the real scam. If you are going to write please write about something that is relevant; or better yet go back to Disneyland.
Posted by: michman
Hi I'm Sarah Palin.....ask me about dinosaurs....then ask me about bailing out AIG...my rowboat has a big hole in it so I've had a lot of experience in these matters...
Posted by: LCannon1946
Oh, BTW John Caldwell, If and when BO is elected please send in all you guns! You won't need those dogs to go hunting. About the only thing BO hasn't voted 'present' on is gun control! He is a dedicated gun banner from the start. He supported the D.C. gun ban (Chicago has one just as bad.) In fact there wasn't a gun law he didn't like. He proposed a state bill to ban gun stores within a 5 mile radius of a school or park. Check you map of Florida, That would eliminate virtually all guns stores.

LC, CPA
Posted by: LCannon1946
Thanks for the analysis. I agree totally.

As an aside, It's amazing to watch the hard left with their panties in a wad!

Now, a few days later, the polls are starting to reflect the reality. The bloom is off Oboma's rose! The empty suit, forgot to dress and is now the emperor with no cloths!

The only thing left for BO to do is to play the race crowd and complain that McCain doesn't know how to Email or text. How Pathetic! Hey, idiots McCain sustained injuries from his daily torturing at the hands of Hanoi's finest Leftists that he can't type or raise his hands above his shoulders. (Only Jane Fonda was missing.)

Keep up the vitriol against Sarah Palin, it means more votes for her. The general election is coming into play. Amazing!

LC, CPA
Posted by: theDagda
If your reasoning for saying that Sarah Palin will be the savior for the stock market is based on treating d!*k Nixon as a Democrat, then that's the real scam.
Any analysis that's that fragile is just no good.
Posted by: scluer
'W' is responsible for the $500 billion (to date) Iraq war, but the Fanny/Freddie bailout will cost taxpayers anywhere from $800 billion to $5 trillion.

Let's recall...who privatized Fannie in 1968 creating a private company with a line of credit through the U.S. Treasury and no public oversight? Lyndon Baines Johnson, a Democrat from Texas.

I don't see how Palin saves anything, but I also don't accept that Democrats are more fiscally responsible than Republicans. Both sides helped create this mess.

WSC
San Diego

http://hnn.us/articles/1849.html
Posted by: watergirl301
This is a Republican made mess. So typical to try to act as if they had no part in this....SPIN, SPIN, BULL!!

Now you think Palin/McCain is the answer? OH MY GOD...what idiots you think we are.
Posted by: michman
9/15/2008
Dow drops 508 points....Lehman goes belly-up...Merril bites the dust....Yeah that Luskin guy is a real prophet...'Stocks didn't have a snowball's chance in hell until McCain tapped the Alaska governor.'
Get a grip people... this is a Bush-made mess....a republican-made mess....a McCain-by-lock-step-supporting-Bush made mess. Adding a totally cluless lady from Alaska to the equation only makes the manure pile taller
Posted by: michman
'Ask me about dinosaurs... then ask me how to fix the financial crisis'
Posted by: lewgollub
d!*k Nixon's a Democrat?

Sure, and if you call a dog's tail a leg, how many legs does a dog have?

You know the answer. Four. It has four legs no matter what you call its tail, and Nixon was a Republican. Also, didn't the deficit and debt rise more (astronomically more) under 'W' than any other president, and what is 'W'?' Yeh, I know, a putz, but also (or, maybe the same category) a Republican.

Nice try, but no cigar!
Posted by: CaldwellFarms
I KEEP HEARING THE PALIN McCAIN TICKET. WHICH ONE GETS TO LIVE IN THE WHITE HOUSE? THAT OLD MAN WILL NEVER BE ABLE TO CONTROL THIS LADY.

HERE IS A FUNNY VIDEO FROM JON STEWART.

http://ccinsider.comedycentral.com/cc_insider/2008/09/jon-stewart-ann.html

John Caldwell
Florida
Posted by: CaldwellFarms
LUSKIN

Let me introduce you to the real Sarah Palin.

http://www.nowpublic.com/world/sssh-alaskans-say-palin-racist-sexist-vindictive-and-mean-and-notes-anonymous-sources

John Caldwell
Florida
Posted by: CaldwellFarms
jc

Luskin and Kudlow are two dogs taught by the Republicans to hunt. I wish I had two good dogs like that pair when I hunt birds. Palin is an opportunist and will be proven as such over the next two months. Her reason for the war in Iraq is because God made us do it. One of her quotes. I thought it was Bush and Cheney. She is being kept under wraps until she learns what a naked short or an uptick rule is but Luskin says she will turn this market around. Why is she not on the Sunday talk shows following up her great speech at the convention. Because she is a performer (Hollywood type) and can give a magnificent performance if given a good scrIpt. Come on guys, perhaps Obama is not our greatest candidate, but remember back to the two choices we had in 2004.

John Caldwell
Florida
Posted by: Smith+0928
Thanks for such clear-headed, unbiased analysis.

Jeff Smith, CFP
St. Louis, MO
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