Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 16th of August.
Obama's Magical Mystery Tour
Like a lot of folks, I enjoy the music of the Beatles. While watching the news this morning, it struck me that President Obama's bus tour was not unlike the Beatles "Magical Mystery Tour" album of 1967.
Let me explain... Here we have a President who is so out of touch with what this country is going through, he finds it necessary to go out on a three day bus tour at tax payers expense and announce that he has a job plan. But wait, this is the magical part: he's not going to announce this plan until after his vacation! And the mystery part: if he has a plan, why didn't he announce it! Did America really need to hear him announce that he has a plan, then not announce what the plan is? I think not. If you are unemployed, I'm sure the last thing you want to hear is that your president, the leader of these United States, has a job plan but his vacation is far more important than every day American jobs. Talk about self centered. There I said it, the king has no clothes.
By the way, one of my favorite track from the Beatles "Magical Mystery Tour" album is, wait for it, "The Fool on the Hill" written by Paul McCartney, sort of fits the times don't you think?
So let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Obama's Magical Mystery Tour"
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