Tuesday, November 4, 2008

Pix calls election before CNN

After reviewing reems of data and multiple trans-continental exit polls, the Pix is ready to call the 2008 Presidential election. Um, duh, it's Obama. It was over the moment Hilary Clinton conceded the Democratic primary last week, I mean last July. Despite trillions of print words and millions of tv minute dedicated to "the race", the outcome of this election was never really in doubt. It had nothing to do with taxes, the war on terror, education, abortion, Breet, gay marriage, race, agism or even the intergalactically moronic presumptive VPILF. It had to do with 2000. It had to do with the fact that Bush lost the popular vote while winning the electoral vote thanks to a court ruling. Then, in 2004, Bush (a war time president) almost lost to a Hermes tie wearing Zombie who was married to crazier than a shit house rat Theresa Heinz Kerry. In other words, Bush and Cheney were on thin ice as 2005 began.

The Pix isn't here to bash Bush. He's an easier target than Tara Reid after a bottle of Goldschlagger. But who couldn't see this coming? Oil went from 40 dollars a barrell to 150 in the first 3 1/2 years of his second term during a time in which the US seized the country with the second or third riches oil deposits in the world. Regardless of where one stands on the Iraq invasion and occupancy, to let their economy grow a 60 billion dollar surpluss when the US has literally financed and fought for their freedom seems incongruous at a time when our country's airline and automotive industries bankrupt themselves on 150 a barrell oil. Just sayin'.

When Bush took over the white house in 2000, the S+P 500 was 1480. Seven years later (Jan 07) it was 1389. After briefly touching 876 on October 24, it has rallied to roughly 1000 today. Red, blue or purple, that's the worst equity performance of any administration. EVER. So Obama will raise the capital gains tax? Who has gains? Most Americans have tax loss carry forwards they harvested during the Bush years and can offset them dollar for dollar against gains with higher rates in the years to come.

For most of the month of October, Americans couldn't peruse the business section without reading at length about the looming recession and possible depression. D-E-P-R-...well, you get it...and yet some folks are incredulous that the opposition party should maybe get another crack at power. Ummmmmmmmmm, really? Bill Clinton was and is a lying, cheating, cigar wielding, impeached and disbarred rascal. But that 'ol goat presided over the greatest bull market since the nifty fifties. And he kept us incredibly entertained. Now that the election is over, maybe Bill can procure himself an ambassadorial appointment to Thailand. Think he could get into any trouble over there?

Does the Pix hate higher taxes? Oui. Hate large gov't spending? Si. Is Biden an imbecile worthy of his own column? Da. But while CNN and all the other networks roll out three rows of pundits five accross with laptops and magical maps, spewing out worthless observations and partisan poop, the Pix simply breaks it down this way. The country is in bad shape, it is the other teams turn. Please drive through.

Apologies to those arriving here looking for football, flatulence and fermentation. More of that as the Pix returns to his regularly scheduled program.

4 comments:

Jamie Tedford said...

Here's to some trickle up poverty for the lot of us. Nicely done pixs.

JerryRig22 said...

Here, here! I have finally found someone who gets whats I'm sayin'! Well said, Pix. Well said.

The O.C. said...

Proud to be a follower of THE PIX!!!

TC said...

Pix, you are the man. Keep them coming.