An excerpt from Daniel Gross’s book; “Bull Run” (the Democrats and the new politics of personal finance)

 Synopsis

During the historic bull market of the last decade, a series of powerful tremors rocked the financial world: global economic crises; the Internet explosion and day trading craze; the 401k boom. Perhaps the most seismic shift of all was the "democratization" of the stock market, as middle class investors joined the party and the Democratics followed suit, effectively ending a century-old tradition in which Republicans, never Democrats, were the party most solidly aligned with Wall Street. These developments have defined the last decade and will help set the political agenda for the next. We are entering an era when the personal finance is the political.

In Bull Run, journalist Daniel Gross outlines these important changes and explores their implications for our country, our pocketbooks, and our two major parties. His fresh take on Wall Street, his provocative opinions on the new relationship between politics and finance, and a wealth of enlightening stories and examples make this book a must for Wall Streeters, business leaders, and anyone who wants to understand what's happening in the market--and what might happen next.

In essence the seeds were sown for the great Bull market in the opening years of the new decade due to new ideas in Technology, the internet and a new generation of investors. Not because the republicans won the majority in the house. Wow funy you really are funny.

Pfranka, These companies are doing poorly because we are in a recesion and the stock markets are tumbling. Obama had and has nothing to do with that. He is simply doing what he feels needs to be done to repair the fall-out caused by the bomb that was droped on us by the outgoing administration. Did you think that the whole country voting to elect a more sturdy government was also going to kick off a new Bull Market. I am sorry but this mess is going to take a very long time to clean up and more than likely a few presidents will be burdened with the task before we see light again.

Pfranka, you have my response as to why those stocks are not doing well right now. I also wanted to comment on a rediculous post that the 90's bull market was a product of a republican majority in the house at the time. The last three posts; I do not see any direction or actual point to any of them, only to say that we had a great looking Bull Market. Yes that was a good looking Bull Market. The last two posts I believe might be attempts at presumed corruption during Clintons fund raising practices??? Also that Gross is a member of the current administrations staff. So does all this mean that Funnymoney was right then and that the real reason for the 90's Bull Market really was because of a republican majorty?

Thanks for clearing all that up guys. For everyone that is waiting for the next big Bull Market make sure to vote Republican next time out I am pretty sure that Republican = Bull Market.

have any of the PRES.'S appointees ever paid income tax?

ben:   why wait?     Never owned hand guns, went and bought 2 a couple of weeks ago.  Will be taking my wife to the shooting range to teach her.    Haven't hunted for 20 years so i sawed off a couple of old shotguns.    Recently the sale of guns and ammunition is going thru the roof.   No depression in that area of the economy. 

I don't know who came up with those proposed bills but have you ever heard of treason!!!!

You folks are scary people. We must live in a bubble up here in the North East and thank god for that. Hand guns kill people. There is only one purpose for a hand gun and that is to kill another person. I am all for owning a riffle for hunting or home protection, but you guys are talking sawed off shotguns.... Are you right in the mind? When our for fathers said to take up arms I do not think that they had 9mm uzies in mind. Yes Boston and all our bigger cities have a gun problem but making it easier to own handguns is just pure stupid.

Yes why don't we form Militias’ and then we can make our own laws and ignore the government. We can all hide out in the mountains and use our sawed off shotguns to enforce our hillbillies laws. John you have it right with intellects like you guys - Anti government, anti social then this world is sure to end in 2012

the highest percentage of homicides are committed with a club. should there be laws restricting clubs, too?

adolph hilter was also a big proponent of gun control.

keep posting, its good entertainment.

Reality:    What  happens when the night starts lasting 24 hours? 

For example our small town.  Two years ago the local politicians decided they needed a new $2 million building so they could have a new place to shine their asses while doing their usual nothing.   Now all of a sudden there is no money in the  town coffers.    Their solution to the problem is if the taxpayers don't pass a new tax levy this May, then we will just cancel the police department.    That doesn't sound like extorsion, does it?   We'll just turn law enforcement over to the already over extended sheriff's office.  
So what happens the other night,  a small 5 business strip center burned down.   First commercial building fire around here in years than anyone can remember.    Now the politicians say "well if the police force had been up to full strength that wouldn't have happened".   Or if you look at it another way, hate to think this, did the police start the fire, late Friday nite, building unoccupied.   

Just another small example how politicians are all about themselves.   Can you imagine what D.C.  is doing to us.  

Seal the document in an envelope and put it in a safe deposit box AND DON'T LOOK AT IT FOR 25-30 years.

Look at the principles and beliefs you have written and see if they still apply to you when you are 25-30 years older than your are.

Bknight, It matters very little to me wether you agree with my view of things. I am not looking for approval, nor am I looking to change anyones mind. I already stated that I was for the idea of self protection, but not in the form of a hand gun. I am a Democrat but not a Communist. If you all can play the ignorance card and spew off about your Government and link Democracy to Communism than I have the right to speak my mind. I do see now that this forum is clearly made up of conservatives that mostly reside south of the mason dixie. I have a comfortable life, I do not leave my doors and windows open at night however. I am happy with the current Government and I was very unhappy with the last one.

If yo-all enjoy your lives down there then stop complaining and give this new Government a chance.

By the way Funnymoney; we all know that the "Big Dig" is a governmental failure. Continues to suck our tax dollars to this day (but we now have the much needed third tunnel to East Boston). And Governor Patrick is a night mare. Yes we elected him but we sure regret that one. Just because someone is a Democrat does not mean that they are a great leader. Up on Beacon Hill they are a bunch of Pork and they should be led to slaughter. 

Maybe I do not complain because my family and I are well off and some I am sure have it bad. We have lost a large chunk of our middle class thanks to prior conservative administrations. Mitt Romney (Republican) was a nightmare for this state and created most of the problems that we still face today.

Now that Diceman is back and the comic strip Villon is gone, I hope that we can all talk less politics and more stocks.