Presidential Debate 2012 Hightlights:
Issues Not Addressed
1 – The Federal Reserve was not mentioned once.
2 – Ben Bernanke was not mentioned a single time.
3 – Quantitative easing was not mentioned a single time.
4 – The term “derivatives” was not used a single time.
5 – Neither candidate mentioned that the velocity of money has plunged to a post-World War II low.
6 – The fact that the rest of the world is beginning to reject the U.S. dollar as a reserve currency was not mentioned a single time, but this has enormous implications for our economy in the years ahead.
7 – The fact that the Social Security system is headed for massive trouble was only briefly touched on during the debate. At the moment, there are approximately 56 million Americans that are collecting Social Security benefits. By 2035, that number is projected to grow to an astounding 91 million.
Sooner or later both candidates will have to address these issues.
Who Won Presidential Debate: Obama vs Romney Debate Analysis, Debate Recap
President Barack Obama and former Massachusetts Governor Mitt Romney faced off in their highly anticipated first presidential debate on Wednesday night in Denver. For 90 minutes, Obama and Romney debated domestic policy, and spoke much on health care, taxes, the economy, and the candidates’ lofty but probably unrealistic plans for fixing all of them in no time. This debate was the first real chance for Romney to make a dent in the polls, which indicate that he is in a bad way against the president, as he trails in the big swing of Ohio, Virginia, Florida, and Pennsylvania. This, despite the fact that the unemployment rate currently stands at 8.1%.
As a former liberal constituent of Mitt Romney’s in Massachusetts, it pains me to say that he won tonight’s debate. That’s not to say that Obama’s performance was poor (it wasn’t), but Romney seemed confident, and his responses were fluid. Obama’s responses to the questions were tempered and deliberate, a la his Democratic National Convention speech. They lacked passion and flair, and he seemed to be of the mindset that he had to defend himself (which he did have to) rather than go on offense. That would make sense, given that it was his record that was in question tonight. Romney played offense much better than Obama played defense. For Obama to be successful in these debates, he needs to lay out just how bad of a shape the country was in when he took office.
The truth is, you can never learn too much about the policy prescriptions of candidates in presidential debates. They are too short and too cursory. They are geared more toward ascertaining a general idea of where the candidates stand, rather than understanding the details of their policies. Presidential debates are about style and personality, and Obama should have flourished tonight, given his reputation for his cool persona, but he did not. Somehow, Romney managed to come across as the cool one, while spouting lines geared toward appeasing that 47% he knocked in that now-infamous video taken at a private fundraiser.
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Learn more about how buying silver today is a smart move for your investment portfolio.
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Past performance is not an indication of future potential values.
» Read our article: Why Silver is Going Up Today?
» Contact Cornerstone Asset Metals today to learn more about buying silver as an investment.
Past performance is not an indication of future potential values.