Wednesday, November 9, 2016

Thoughts on the Trump Election - Hello Healthcare

Donald Trump has been elected President.  I'm very relieved for our country and my children.  Off the top of my head:
  • Antonin Scalia, RIP, Supreme Court is saved
  • Federal judges for the next four years
  • Let's embrace the constitution, and not try to rewrite it
  • Fire Comey, Loretta Lynch, heads of IRS, SEC, EPA and on it goes
  • Secure the borders, build the wall
  • Rebuild the military
  • Cut the heck out of taxes, watch the economy take off!
  • Flip the finger to political correctness
  • Stop giving money to bad actors around the world
  • Govern with common sense
Should be a much improved next four years.

Regarding the markets, good day today, especially for the health care and biotech into which I've been rotating and recommending.  The Hillary price control discussion is over, and getting rid of Obamacare should have a positive effect on the sector.  Stocks I own (both the Chump IRA and my Taxable Brokerage Account included)


And back to politics....

Here is a nice article from Todd Starnes of FOX that describes my sentiments pretty well:

Our long national nightmare is over and the Republic has been saved.
I’m originally from the Deep South. My father, who passed away in 2006, was a blue-collar worker. We lived paycheck-to-paycheck. We went to church on Sunday. We lived a quiet life – just like many families in so-called “Fly-Over Country.”
My father was a member of the Silent Majority and had he been alive he would’ve cast his vote for Donald J. Trump.
I’ve lived in New York City for more than a decade now – and I’ve seen firsthand the contempt for country folks like my father – people from rural America.
As I wrote in my book, “God Less America,” I feel like a “Duck Dynasty” guy living in a Miley Cyrus world – where right is wrong, wrong is right – it’s as if our values have been turned upside down.
President Obama called us bitter. He said we were the kinds of people who cling to guns and religion.
Time and time again he stood on foreign soil and apologized for our nation. And to this day it remains unclear whether he believes the United States is the most exceptional nation on Earth.
Hillary Clinton called us deplorable – irredeemable.
"To just be grossly generalistic, you can put half of Trump supporters into what I call the 'basket of deplorables. Right? Racist, sexist, homophobic, xenophobic, Islamophobic, you name it."
The only thing deplorable was Hillary Clinton's basket of grossly generalistic comments.
"And unfortunately, there are people like that and he has lifted them up," she went on to say. "He has given voice to their websites that used to only have 11,000 people, now have 11 million. He tweets and retweets offensive, hateful, mean-spirited rhetoric."
Her campaign portrayed Conservative Catholicism as a “bastardization of the faith” and seemed to imply that Evangelicals are a bunch of impoverished country bumpkins.
We were mocked by Hollywood and dismissed by academics. We were marginalized by the media – bullied and belittled by sex and gender revolutionaries.
But all that changed on Election Day – when Donald Trump became a champion for the Silent Majority. He gave us a voice.  And now the Silent Majority is silent no more.
We the People have decided that it’s time to drain the swamp.
It’s time to restore traditional values. It’s time to protect the Constitution. It’s time to defend our sovereignty. It’s time to save unborn babies.
It’s time to stand up for the American working man and bring jobs back from China and Mexico. It’s time to eradicate the scourge of ObamaCare.
And it’s time to hire the bricklayers so they can start building that giant wall.
The Deplorable Americans have spoken – and on the eighth day of November in the Year of Our Lord Two Thousand Sixteen – we have decided to Make America Great Again.