THIS IS EXACTLY HOW IT WOULD BE IF…

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Top Six Newspaper Headlines if Barack Obama Were Republican

This morning — stunned that our president was raising money in Vegas and prepping for a party with Beyonce while our embassies burn — I asked myself: “What if Barack Obama were a Republican?  How would the media cover these last few days?”  After living through eight years of coverage of the Bush administration, it’s not hard to guess.  Let’s suppose, just for a moment, that the New York Times, the Washington Post, and the L.A. Times covered Obama like they covered Bush.  I present the top six headlines (with opening sentences):

1.  New York Times: “President Attends Vegas Fundraiser as Middle East Protests Rage.”  Top Aides to President Barack Obama struggled to keep track of events in the Middle East and to contain the political fallout from Mr. Obama’s decision to proceed with Las Vegas Fundraiser even while American embassies were under attack across the Middle East . . .”

2. New York Times: “News Analysis: Is There Now a ‘Promise Gap’ in Foreign Policy?”  As Democratic challenger Mitt Romney runs ads in battleground states comparing Mr. Obama’s campaign promises to his economic performance, new ads are set to air contrasting the mass rallies in support of Mr. Obama in his 2008 campaign with the mass riots roiling the Middle East . . .”

3. Washington Post:  ”In Midst of Crisis, President Sends Mixed Messages to Egypt.”  Less than a day after accusing his Democratic rival, former Massachusetts Governor Mitt Romney, of “shooting first and aiming later,” the administration was forced to backtrack from the President’s declaration that Egypt was not an ally . . .

Continued

SOURCE:  http://www.patheos.com

3 MINUTES AND 26 SECONDS OF A CON GAME

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He doesn’t know how much debt there is and he had nothing to do with it! 3 minutes and 26 seconds of a con game. Had to say that twice!

kaltbaum premarket

Again, like the look of EL here as it has sat tight for a few weeks after gapping up. You can buy it breaking above 61.75.
 
AMZN still acting great…let’s hope it continues. Nothing better than a continued move up.
 
KORS still dealing with the approaching secondary. Service owns under $49…
 
TSCO normal pullback from old highs…hoping for a handle to add.
 
TJX is almost a sell…just about every other name in group has rolled over after long moves…a break below $45 would be troublesome and would be a sell.
 
HFC…I told you I am never thrilled with commodity plays…but this is the best looking oil and the first one to move out…but as soon as it moved out, it tucked back in. The good news is we use very tight stops…a break below $40 is a sell.

09/14/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

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http://archives.warpradio.com/btr/InvestorsEdge/091818.mp3

JUST LETTING YOU KNOW

Wow! I have received many emails on Mitt Romney calling the 47% victims, and saying they’re never going to vote for him and this that and other thing.

Let me explain myself on this. I am neither Republican or Democrat. I am conservative fiscally. That’s who I am. I believe in the greatness of this country. I believe that every person can become what they want to become, regardless of the morons and what they say about how “it’s uneven.”

I tell you about uneven playing field and that has everything to do with Wall Street and people not going to jail. It’s nothing to do with getting jobs.

Blacks, women, Hispanics and every kind, every creed, and every color are CEOs of major companies.

And I know it’s not easy. Heck, the Augusta National Golf Club, just let women in. But in my heart of hearts, I believe that most of the time in any industry, you can become the great. It doesn’t matter what you look like, what you sound like, or where you came from.

 I know this because every month, we have our meetings at the Boys and Girls Club and we will bring in someone whose background was horrible…one parent…no parent…parents in jail…parents dead…parents crooks…parents drug addicts – you name it. And that kid ended up in a Club and studied and went to school and learned right from wrong and decided what they wanted to be…and they’ve become great.

I really believe this.

But I also believe that we’ve become nanny state. You know, when there are more people getting government money than producing that government money, we’re in trouble.

Now Mitt Romney screwed up completely. Got it all wrong. Made no sense whatsoever. He’s right on the number of 47%. But of that 47% you have the elderly, the working poor…amongst others. It’s a stupid statement. I’m watching some Republicans defend it, but it makes no sense whatsoever. He needs to back away and start over. Because the fact is, there are too many people that are getting money from government.

The incentive to work has been going South. The incentive for taking has gone up. And this administration is doing nothing about because it is also my belief that Obama doesn’t care. He doesn’t mind. I know I’m going to get some flak for that, but really is my belief. There are people out there who love that it’s a nanny state – “Come vote for me, while take care of you.”

It’s gotta be the opposite. It has got to be something in the neighborhood of study, education yourself, go to school, decide on who you want to be and decide on greatness. Decide on integrity.

You get my point. If Mitt Romney wants to be president…he has to be the president of all people, not 50% of the people. You don’t just shrug them off by saying, I’m going to get their votes anyway.

Huge mistake.

Now don’t get me wrong. It’s being overdone. The supine, lapdog, in the tank, paws in the air, corrupt, con artists, national mainstream media are taking this to the hoop and dunking the ball. This is the same media that, while the Middle East is blowing up, have said “well it would have happened regardless of Barack Obama.” If George Bush was president, they’d be stringing him up. But Mitt Romney’s got to get back on point.

What is your new economic program?

And how are things going to get better under your economic program?

And stop wee weeing on the supposed 47%.

What does have to do with your money? EVERYTHING!

Some of you may be surprised about my take on Mitt Romney. This doesn’t change how I feel about this president and his utter redistribution of wealth in plain sight. And his horrid, terrible economic policy. 

LISTEN TO GARY LIVE ON WEEKDAYS 6-7 PM ON A STATION NEAR YOU AND AT GARYK.COM

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Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

 

kaltbaum email

Not much in the way of set-ups tonight…but like the look of EL here as it has sat tight for a few weeks after gapping up. You can buy it breaking above 61.75.
 
I will have some thoughts in the morning on TJX…as the rest of the group seems to have topped.

THE CON ARTISTS IN THE PRESS CONTINUE

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JUST IMAGINE IF BUSH WAS THE PREZ AND THE MIDDLE EAST WAS BLOWING UP AND HUNDREDS OF THOUSANDS IF NOT MILLIONS WERE TAKING THE STREETS BLASTING THE USA. HOLY CRAP!

DO YOU REMEMBER? EVEYONE HATES US BECA– USE BUSH IS A COWBOY…BUSH THIS BUSH THAT…BUT NOW? BLAH BLAH BLAH NOTHING OBAMA COULD DO….LAPDOGS IN PLAIN SIGHT! READ THIS: 

 In a stunning display of group-think on Sunday’s NBC Meet the Press, a panel of journalists all concluded that no American president could have possibly prevented the ongoing crisis in Middle East or responded to it any better than Barack Obama. 

The hand-wringing began with The Atlantic’s Jeff Goldberg absolving the President of any responsibility for chaos in the region: “There are some very, very deep and troubling things going on in – in the Middle East that have very little to do with what a president does or doesn’t do…. so to blame the President for – for an attack on – on these embassies, I think, is a bit much.”

 
SOURCE: http://www.mrc.org

BLAME THE NEWSPAPERS…BLAME THE ALTERNATIVE MEDIA

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There are three important things to keep in mind when looking at this gorgeous graph:

  1. The graph is adjusted for inflation.
  2. The red line accounts for online ad revenue.
  3. The end began with the rise of the online blog.

Sometimes  it doesn’t feel like we’re winning because the corrupt media still has the power to create its own reality; to create the illusion that they’re 

Continued

SOURCE: http://www.breitbart.com

kaltbaum premarket

Futures down a smidge.
 
Last night I mentioned to add to your TSCO here at the 21 day. I am now telling you to hold off. Want to see if this little pullback comes in more…if I start to see TSCO moving off the 21 day, I will alert you. Just sitting here.

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Ridiculously slow day with commods/financials pulling back a wee bit. A few more days of pullback would go a long way.
 
The only thing I think you can do is add a smaller piece here to TSCO right off the 21 day. The service is up nicely on this…and just want to pile on a bit while the going is good.
 
There should be a ton of new buys into any pullback.

GARY AND NEIL CAVUTO DISCUSS QE3 LAST WEEK

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