State Of The Union Address “Nothing But A Shareholders' Meeting”
On Tuesday President Obama gave his State of to the union address speech on Capitol Hill in Washington. President Obama claims that the State of the Union is strong and that the Democratic Party and the Republicans are reaching across the aisles in a collective effort to eliminate the political grid-lock which has plagued the current administration. But the GOP; Grand Old Party, says otherwise. Rep. Cathy McMorris-Rodgers (R-Wash.) delivered harsh criticisms of President Barack Obama’s health care reform law during the official GOP response to his State Of The Union address Tuesday.
Despite the obvious, President Obama is trying to recover and move on from a year of government gridlock and low approval ratings. The President is calling for action urging Congress to put politics aside and get back to the business of the people. Among other things, the President promised Executive actions was to raise the minimum wages for federal contractors to $10.10 and his committed vigilance against American’s fight against terrorism. But the president’s address was somewhat overshadowed by Rep. Michael Grimm, a Republican from the New York City borough of Staten Island, when asked for his thoughts by New York 1′s Michael Scotto. Rep. Michael Grimm, R-NY, then is caught on tape threatening NY1 reporter Michael Scotto, after Scotto asked him a question about a federal investigation into his fundraising.
So what’s the big deal about this speech anyway? Allow me to give grace the mic and allow me to give my $3.60 on the topic. The State of the Union is the address presented by the President of the United States to a joint session of the United States Congress, typically delivered annually. The address not only reports on the condition of the nation but also allows presidents to outline their legislative agenda (for which they need the cooperation of Congress) and their national priorities. (From Wikipedia, the free encyclopedia) In 1790, President George Washing delivered the first State of the Union address to the assembled Congress in New York City. You’re probably wondering why it took place in the big apple. Well, it’s basically a shareholders meeting. And if you think for one moment that the government has nothing to do with the stock exchange. Then you better think again. But some of you are still caught up in what the government “mantiquation” of events. Take a look at the some of the former presidents and how their administration affected Wall Street.
Presidents And The Stock Market Source: Forbes statistics
President
Term
Economic Rank
S&P 500 Start Of Term
S&P 500 End Of Term
S&P 500 Annualized Total Return (%)
Stock Market Rank
Bill Clinton
1993-2001
1
433.37
1,342.54
17.4%
1
Gerald R. Ford
August 1974-1977
5
86.02
102.97
17
2
Harry S. Truman
April 1945-1953
7
13.64
26.57
15.6
3
Dwight D. Eisenhower
1953-1961
9
26.57
58.11
14.9
4
Ronald Reagan
1981-1989
4
131.65
286.63
14.4
5
George H. W. Bush
1989-1993
10
286.63
433.37
14.4
5
John F. Kennedy
1961- November 1963
3
58.11
74.01
12.4
7
Jimmy Carter
1977-1981
6
102.97
131.65
11.2
8
Lyndon B.
Johnson
November 1963-1969
2
74.01
103.86
10.2
9
Richard M. Nixon
1969-August 1974
8
103.86
86.02
0.6
10
It’s no secret that the UNITED STATE OF AMERICA is a corporation and I am not trying to present this as some privileged information I’ve discovered. Right now corporations are controlling the horizontal and the vertical so don’t attempt to adjust your set. Take my advice, just cut it off. What would happen if no one voted? Answer: The electorial college will select the next president the same way they have since electing George Washington in 1788. So for those of you who may think Maestro has been smoking on lies, I’ll leave you with a little something I came across while I was purging my mainframe of the mantiquation it has been affected with by the educational system here in America. And never forget I’m not a bigot or racist, I just call it the way I see it. This is Maestro. By the way, before I check out let me give a shot out to the sources I drew from to complete this work. The chart used above came form The Market Source and I took the definition of the State of the Union address from Wikipedia. Oh you may have came across the word MANTIQUATE, I made that up.
