Trader’s Narrative

Somehow, for some strange reason a progressive tax system which is what the US has had and which it will continue to have, has been called a “socialist” system by the McCain campaign:

“His (Obama’s) plans are redistribution of wealth.. that is one of the tenets of socialism.”
But as anyone will readily attest, a progressive tax […]

Did you watch the third and final US presidential debates? To me it was just a replay of the other two. Each camp tried to score points by following a strategy. Obama by talking about issues and coming across as unflappable. McCain by attacking his opponent and coming across as angry and petulant. Unfortunately the […]

Below is the chart for the brand-new market on whether Sarah Palin’s vice-presidential nomination will be withdrawn:

You can see the complete page at intrade here.
If you think that Palin will be John McCain’s running mate, then you would sell and pocket the difference as the market settles to zero. If you think that she will […]

Rove could teach Machiavelli a few tricks. But he isn’t infallible by any stretch of the imagination. In classic Rovian style, he brought in Sarah Palin to persuade disenfranchised Hillary Clinton supporters to vote for the McCain ticket. He knows that the GOP desperately need the woman’s vote to stand a chance in this election:
As […]

Look, I’m not that well informed to get in on a debate about the reconstruction efforts inside Iraq and Afghanistan. But wouldn’t we all benefit from sandwiching the commentary of all the TV pundits with these clips?
Don’t they go to the heart of the matter? I’m just saying.
By the way, make sure you’re not drinking […]