GRIDLOCK Lives. Pelosi’s New Job For The Democrats. Good For The Market.

[ 0 ] November 29, 2010 |

Our definition of Gridlock has been to put a STOP to a One Sided Governemt controlled by Obama and the Democrats having The House, The Senate, and The Presidency. Plain and simple. We have been discussing the benefits of Gridlock for over six months now and have invested accordingly.

Gridlock is happening! Just look at Obama’s TV speech today and how he wants to work together with all politics aside! Now the Bush Tax Cuts could quite possibly be extended for all, which was IMPOSSIBLE before the election, and more. As a result, you can see the news paragraph below explaining the new role of Crazy Woman Pelosi. We would have NEVER seen an article like this the week before the latest election November 2, 2010. Historical, and now making the USA a more confident and better place. This can only help the markets go higher.

from Barclays today PELOSI
Reply |Bob Kurlander to RHT, Fred, Warren, AAA Markets
show details 7:50 PM (1 minute ago)

Pelosi’s new mission: Limit Obama deals with GOP (AP) Behind Democrats’ decision to keep Rep. Nancy as their leader after historic losses lies intense concern among liberals who dominate the party’s ranks on Capitol Hill: They fear Obama will go too far in accommodating the GOP in the new era of divided government, and they see Pelosi as a counterweight. A more recent example is Pelosi’s stated refusal to consider extending Bush-era income tax cuts for the highest brackets past their January expiration. Obama’s aides recently signaled he might be open to doing so temporarily if that were the only way of preserving the tax cuts for the middle. Such a deal wouldn’t be acceptable to her or House Democrats, Pelosi told the president last week.




Tags: , , , ,

Category: Economics, General, Markets and Trading, Politics