Posted on 10/19/2012 6:37:49 AM PDT by PMAS
With less than 20 days to go to the election, the Presidential race has tightened following Romney's performances in the debates, as the Republican challenger has overtaken the president in the national averages for the first time this year (and RealClearPolitics has him with an edge in the electoral college also). But ever the fair-and-balance bank, Citi believes that Obama's advantages remain substantial, as an incumbent president in an improving economic environment. In this broad discussion, the Pandit-less bank addresses 'the data' driving their Obama call, what would have to happen for a Romney win, the Senate and House split, The Tea Party (and other unusual events), and the 'bungee jump'-causing headline risk of the pending Fiscal Cliff debate.
(Excerpt) Read more at zerohedge.com ...
Thoughts ?
“improving economic environment”
I think their argument falls apart right about at this statement.
>>> But ever the fair-and-balance bank, Citi believes that Obama’s advantages .....
I had to stop and repeat reading ‘the fair-and-balance bank’.
What does that even mean? Citi now involved in political punditry? Why can’t it be JUST a bank?
Citi had this guy as their CEO for almost 5 years. They’re the smartest of the smart and should be listened to for advice on which president will help our economy?
http://www.zerohedge.com/news/2012-10-16/vikram-pandit-bottom-line-over-200-million-90-stock-drop
They must be talking about the magical jobs data. It is easy to attack this political point and not by challenging a number that appears to be bogus. It is easier to point out that the vast majority of the magically appearing 850K jobs (600k+) are part time jobs. The reason they are part time is simple, to avoid the requirements of Obamacare. Thanks to Obama’s policies part time work will be the norm for low income workers that need full time employment the most.
Yet another sign that financial institutions are being ‘community organized’......
Wall Streeters got bailed out, owe o’bidens their survival.
Well, they suck at banking, so maybe they’re looking for a new line of work.
It’s Robert Rubin’s bank. Hence it will spout the Democrat party line.
Remind me to avoid Shytibank.
Bingo. The improvements are manufactured. There are some indicators showing slight gains, but absolutely nothing indicating any real growth, job gains, or slowing of the cost of living increases. We are trending along with population growth, at best. That’s simply awful.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.