Geo-Economics: After the 2012 Election... (continued)
by AL MARTIN (AL MARTIN RAW)
Romney or whoever – it doesn't make a difference – but you don't want a first termer in who will not be able to get anything done. In fact a first termer has a vested interest in gridlock and in keeping things as polarized as possible.
This is what Obama has been doing to some extent - but he was able to blame it on the Republicans who didn't want to give in. But somebody has got to give in, as it were.
So what can we expect from the Obama Regime 2.0? He will be pursuing the same agenda he's been pursuing all along, but now he's a realist -- which he wasn't before – because he did not understand the scope of the Bushonian mess he inherited. Now he does.
The Republicans played denial all through the last four years – we didn't create the mess – it wasn't our boy George Bush who created the mess. But of course it was -- and people know that.
That's why the Republicans were so hostile to doing anything that was fiscally supportive because it would have been tantamount to admitting that they were the ones that created the problem.
But now that Obama is reelected he is going to pursue the same fiscal policy that he has essentially been pursuing for four years. This time however he's going to get more Republican cooperation than he did the last time around. Now it's much easier for him in the second term to start to point fingers than it was in the first term. He can become a Finger Pointer in the second term -- which all presidents become. The impact on the markets then can be nothing but positive.
For the rest of this exclusive analysis by Al Martin, click on to Al Martin Raw.
* Author AL MARTIN is an Independent Political-Economic Analyst and Market Analysis Expert with 25 years of experience as a trader on NYMEX, CME, CBOT and CFTC. He is also currently trading the commodity futures market every day and night and has a teleconferencing service to facilitate transactions in the markets. This is a service for independent market experienced traders.
For more details on commodity futures market trading recommendations and more FREE sample columns, take a look at Al Martin's website "Insider Intelligence" Insider Intelligence for weekly exclusive commodity trading recommendations that could make you money in these dramatic perilous times.
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