Using State Power The Right Way

The Beginning of the End of the Populist Wave

Macron won the French election stemming the populist political wave that was spreading around the globe. Populism is not in of itself a bad thing but left unchecked may not mesh well with the overall political goals of the state or the majority of the people!

Macron

There is one event that caught my attention during the French election though. It was how fast the French moved to shutdown damaging leaks and misinformation. When it was alleged that Macron's campaign was hacked, the French government moved rapidly to shutdown the site where the emails were posted and instituted a complete blackout and shutdown of any news or hint of news that would affect the outcome of their election.

In the

U.S.

, the former president's actions were completely the opposite. After months and months of allowing leaks and web posts coming from Julian Assange, Russian agents and other foreign agents located in the U.S and abroad related to Clinton's use of a private email server, the Obama administration did absolutely NOTHING. Even praising Director Comey for his good work and honesty. President Obama “doesn’t believe Director Comey is trying to influence the outcome of an election,” White House press secretary Josh Earnest said during his daily briefing.

Mr. Obama failed to act when he should of relying instead on "American Exceptionalism" and his belief that in the end the people will vote correctly and in the most rational and logical manner. Wrong!! It will be interesting to see what develops over the next 3 years and 7 months of our new populist administration.

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Morning Update

By Rick Walter Still working on putting together a strong biotech portfolio. Here is a good general article on the state of the biotech industry that was posted yesterday on the online Wall Street Journal's site- Biotech Stocks Hot Right Now, Ho-Hum in the Long Run.

Portfolio Update

By Rick Walter I have posted a new Biotechnology portfolio . It's total return as of November 25, 2009 is 3.4%. However, to download and use it you will have to subscribe to the portfolio, of course. On an important note, I consider each portfolio to be well diversified in its particular sector but I've recently decided to add stock futures and options positions to each portfolio which will increase each portfolio's return but lower the risks going forward.

Portfolio model updates

Portfolio updates based on our Tactical Asset Allocation Model: Conservative - total return as of 8/18/2009: 5.3% Moderate Conservative - total return as of 8/18/2009: 3.9% Moderate - total return as of 8/18/2009: 7.8% Moderate Aggressive - total return as of 8/18/209: 25.2% Aggressive - total return as of 8/18/2009: 14.9% Email or call us to learn more, open an account, invest or subscribe to any one of our great portfolios based on our tactical asset allocation models: 1-800-785-4953 . You can find additional details on these portfolio models at IAPeQ.com . 8/18/2009 11:07 AM

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