Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama Billionaire Supporters are Causing Market Headwinds
Seeking Alpha.com ^ | October 27, 2008 | Jason Schwarz

Posted on 10/28/2008 7:21:27 PM PDT by samsmom

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-35 last
To: samsmom

I know at least one billionaire not supporting Obama. Wayne Huizenga now looking to sell most all of his holdings in the Miami Dolphins to avoid the taxes.

http://www.mofopolitics.com/2008/10/27/dolphins-owner-sell-team-before-obama-tax/


21 posted on 10/28/2008 8:02:08 PM PDT by Zack Attack
[ Post Reply | Private Reply | To 1 | View Replies]

To: Senator Goldwater

Nah, most of the hedge funds are down 40%+ this year and getting worse by the day. They are getting massive margin calls AND redemptions. This article is a lot of speculation with no real teeth. The fact of the matter is the economy is in very bad shape, the banks are deleveraging and profits are dropping quickly. Nearly every CEO/CFO that has announced Q3 activity said in September sales basically fell through the roof and based on what I’ve seen October has been far worse. Keep in mind with an Obama victory, capital gains is going to double also so a lot are cashing out this year. I wouldn’t be surprised to see a retest of the lows earlier in the decade close to 7,000—or maybe lower depending on how some of this commercial paper starts to go.


22 posted on 10/28/2008 8:03:06 PM PDT by rb22982
[ Post Reply | Private Reply | To 6 | View Replies]

To: john in springfield

Because they believe is socialism which is communism.

http://www.dailymotion.com/video/k6KUDv1wzraWhwlBt1 hewre’s 16 minutes that every American needs to watch.


23 posted on 10/28/2008 8:04:03 PM PDT by B4Ranch (I'd rather have a VP that can gut a Moose, than a President that wants to gut our Second Amendment!)
[ Post Reply | Private Reply | To 16 | View Replies]

To: john in springfield

A conservate sees a poor person and asks “How can I help”.

A liberal sees a poor person and says: “Someone else should help. I know a government program...”


24 posted on 10/28/2008 8:10:25 PM PDT by ChinaGotTheGoodsOnClinton (To those who believe the world was safer with Saddam, get treatment for that!)
[ Post Reply | Private Reply | To 16 | View Replies]

To: samsmom

Joe Kennendy and his small group shorted the market which caused the Great Depression. It is thought that he made a $Billion in 1939 while everyone lost their fortunes. This helped FDR get elected.

Could $oro$ and Buffet be doing the same thing?

Pray for W, McCuda and Our Troops


25 posted on 10/28/2008 8:17:42 PM PDT by bray (Voting for Oblack is Racist)
[ Post Reply | Private Reply | To 1 | View Replies]

To: samsmom

26 posted on 10/28/2008 8:21:43 PM PDT by Infidel Puppy
[ Post Reply | Private Reply | To 1 | View Replies]

To: B4Ranch

THE DAILY MOTION VIDEO IS A MUST-SEE. YOU SHOULD POST THIS WITH OWN HEADING.


27 posted on 10/28/2008 8:30:36 PM PDT by samsmom
[ Post Reply | Private Reply | To 23 | View Replies]

To: neb52

bookmarking.


28 posted on 10/28/2008 8:33:45 PM PDT by neb52
[ Post Reply | Private Reply | To 7 | View Replies]

To: samsmom
It is just too much to think that all this is a coincidence, that all this should happen with just the right timing to “they think” take McCain down and prop floundering Obama up. Where are powerful Republicans? Why hasn't this been approached before now. It is so obvious.
29 posted on 10/28/2008 8:36:16 PM PDT by Bellflower (A Brand New Day Is Coming!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: samsmom

I read the full interview ten or twelve years ago. I am sure there is copies of the video all over youtube. Go ahead and post it if you wish.


30 posted on 10/28/2008 8:43:42 PM PDT by B4Ranch (I'd rather have a VP that can gut a Moose, than a President that wants to gut our Second Amendment!)
[ Post Reply | Private Reply | To 27 | View Replies]

To: rb22982

Keep in mind with an Obama victory, capital gains is going to double also so a lot are cashing out this year.


The “Wayne Huzienga Effect”. He’s the owner of the Miami Dolphins, who earlier this week put his team on the block so he can cash out.

Of course, a McCain victory should preumably have the opposite effect.


31 posted on 10/29/2008 8:52:10 AM PDT by Senator Goldwater
[ Post Reply | Private Reply | To 22 | View Replies]

To: Senator Goldwater

I’d expect a sizable rally if McCain wins. We’d almost definately go over 11k again in the near term I’d have to imagine.


32 posted on 10/30/2008 6:04:05 PM PDT by rb22982
[ Post Reply | Private Reply | To 31 | View Replies]

To: scooby321

>>I had some suspections it would be Muslim money not Soro’s

Why not both and?


33 posted on 10/30/2008 6:12:26 PM PDT by FreedomPoster (Obama: Carter's only chance to avoid going down in history as the worst U.S. president ever.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: rb22982

I’d expect a sizable rally if McCain wins. We’d almost definately go over 11k again in the near term I’d have to imagine.


I’ll certainly vote for that.


34 posted on 10/30/2008 6:17:04 PM PDT by Senator Goldwater
[ Post Reply | Private Reply | To 32 | View Replies]

To: samsmom

Obama is not going to win. Other than that, some of Jason’s stock picks may be worth a buy right now. Kinglinger’s is recommending several them (GOOG, XON, AAPL, CSCO) Curiously, Berkshire Hathaway has also been beaten down. Why?


35 posted on 10/30/2008 6:50:53 PM PDT by WashingtonSource
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-35 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson