Gyroscopic Investing

vnatale wrote: ↑Mon May 23, 2022 6:29 am

dualstow wrote: ↑Mon May 23, 2022 5:59 am

vnatale wrote: ↑Sun May 22, 2022 9:45 pm
…
2. Regarding bogledude's political transformation? It reminded me of sports fans who change their support / evaluation of their teams on the basis of one win or loss. Not really exactly like that but definitely being too swayed by somewhat recent events.

Well, I think that’s an unfair characterization. Teams don’t stand for anything (At least they’re not supposed to). If your party betrays or even disappoints you, it may be time to switch. What’s happening to the left is both creeping extremism and a change in values. Not to open a can of worms, but I’m not too keen on how they feel about Israel. But, mainly it’s the socialist leanings that get to me.

Then what happens when your next party betrays or even disappoints you? You go back to your former party and, so on? That was my analogy of fans being so quick to flip flop on their opinions based upon short-term events.

As an avid follower of Washington Journal I innumerable times hear people saying, "I used to be a Democrat (or a Republican) but..." My immediate response is that most likely you were a superficial Democrat or Republican with no deep roots. Just easily swayed to no longer being what you were.

It explains the way a president's polls can vary so much in a short period of time. The people answering the polls do not take any deep measure of the person but, instead, get swayed mainly with what is going on today, exhibiting little perspective.

Less than 10 minutes after I wrote the above I hear a caller say, "I used to be a Republican but now I'm a Democrat..."

And, then less than 5 minutes later the next caller says, "I used to be a Democrat but now I'm a Republican."

I think I determined what this is for me. Those who choose to be a member of a political party have some need for belonging, which overrides their desire for Independence. I've never been or proclaimed myself a member of any party. I too value my independence to ever do such a thing.

And, now I hear yet another caller who "I used to be a Democrat but now I'm a Republican..."

vnatale wrote: ↑Mon May 23, 2022 6:29 am
Then what happens when your next party betrays or even disappoints you? You go back to your former party and, so on?

Gotta pick your battles, Vinny. Whatever issues are most important are what you should vote on, in my opinion. So yes, you might end up back in your old party. Why not?

dualstow wrote: ↑Mon May 23, 2022 6:47 am

vnatale wrote: ↑Mon May 23, 2022 6:29 am

Then what happens when your next party betrays or even disappoints you? You go back to your former party and, so on?

Gotta pick your battles, Vinny. Whatever issues are most important are what you should vote on, in my opinion. So yes, you might end up back in your old party. Why not?

As I stated, I prefer Independence.

I identified far more with the two later callers who each said, "I'm an Independent but I'm leaning Democrat this year" and "I'm an Independent but I'm voting Republican this year."

MangoMan wrote: ↑Mon May 23, 2022 7:03 am
It's like that recent viral video of Bill Maher saying something like, "I didn't change, the Democratic Party did."

Things evolve. Especially in the modern world. There is no law you have to stay loyal to one party forever.

@Vinny, if I moved to Tampa, I would be happy to become a Bucs fan and bail on the Bears. If I moved to Phoenix, hello Cardinals.

Not me.

I became a Providence College basketball fan when I was 9 years old. 60+ years later I'm still a Providence College fan even though I moved 100 miles away 50 years ago. Even though I got two degrees from the University of Massachusetts and its team was #1 in the country at one point. Did not matter to me. I'd chosen my forever team, unswayed by how they performed or how some team much closer to me (20 minutes away) performed.

In the case of sports teams I believe in loyalty. When it comes to political parties, I believe in Independence. For any of your businesses or organizations when you are at a meeting do all the participants consistently come down on one side of the other for all issues, similar to the way party members of political parties do? Isn't it more natural to express independent thought rather than to substantially embrace all the positions of a particular political party?

Back to your comment....it says to me that your interest in the Bears is not deeply rooted. It's simply a product of where you live and who is most convenient to follow.

Last week I walked into a music show. Some guy gave me a quizzical look. He said, "How can you be wearing a Yankees had and a Celtics shirt?" I told him it was a sign of my independence that I choose my teams rather than being bound to being just with the teams nearest to me.

MangoMan wrote: ↑Mon May 23, 2022 7:03 am It's like that recent viral video of Bill Maher saying something like, "I didn't change, the Democratic Party did."

It’s funny to watch extreme leftists on twitter call Maher a traitor. Lord forbid he should think and speak for himself.

dualstow wrote: ↑Mon May 23, 2022 7:24 am

MangoMan wrote: ↑Mon May 23, 2022 7:03 am
It's like that recent viral video of Bill Maher saying something like, "I didn't change, the Democratic Party did."

It’s funny to watch extreme leftists on twitter call Maher a traitor. Lord forbid he should think and speak for himself.

Same as the extreme rightists in their treatment of Chris Wallce of Fox News Sunday. When he was on that show I always thought he was extremely fair to both sides.

He was good. Very watchable.

vnatale wrote: ↑Mon May 23, 2022 7:11 am In the case of sports teams I believe in loyalty. When it comes to political parties, I believe in Independence. For any of your businesses or organizations when you are at a meeting do all the participants consistently come down on one side of the other for all issues, similar to the way party members of political parties do? Isn't it more natural to express independent thought rather than to substantially embrace all the positions of a particular political party?

I was a fan of the Raiders...until they decided to hold my state hostage for a 750M sweetheart deal for their stadium.

Admittedly, our politicians (both parties) were also at fault, but I have a hard time rooting for a team that is so blatently sucking at the teat of the taxpayer.

vnatale wrote: ↑Mon May 23, 2022 7:04 am

dualstow wrote: ↑Mon May 23, 2022 6:47 am

vnatale wrote: ↑Mon May 23, 2022 6:29 am
Then what happens when your next party betrays or even disappoints you? You go back to your former party and, so on?

Gotta pick your battles, Vinny. Whatever issues are most important are what you should vote on, in my opinion. So yes, you might end up back in your old party. Why not?

As I stated, I prefer Independence.

I identified far more with the two later callers who each said, "I'm an Independent but I'm leaning Democrat this year" and "I'm an Independent but I'm voting Republican this year."

Is that really all that different from somebody who says "I used to be a Republican and now I'm a Democrat"?

Xan wrote: ↑Mon May 23, 2022 9:52 pm

vnatale wrote: ↑Mon May 23, 2022 7:04 am

dualstow wrote: ↑Mon May 23, 2022 6:47 am

vnatale wrote: ↑Mon May 23, 2022 6:29 am

Then what happens when your next party betrays or even disappoints you? You go back to your former party and, so on?

Gotta pick your battles, Vinny. Whatever issues are most important are what you should vote on, in my opinion. So yes, you might end up back in your old party. Why not?

As I stated, I prefer Independence.

I identified far more with the two later callers who each said, "I'm an Independent but I'm leaning Democrat this year" and "I'm an Independent but I'm voting Republican this year."

Is that really all that different from somebody who says "I used to be a Republican and now I'm a Democrat"?

Not at all. An independent having no side, is free to choose EACH time. The "used to be-ers..." were convicted supporters of one side for a long period of time and now they are now convicted supporters of the other side for a long period of time. It always make me wonder how convicted they were the first time around and how convicted they will now be with the opposite side. Again I have to make the analogy to something in sports - the bandwagon fans.

The independent is convicted towards choosing the best, not blindly staying with one party's candidate(s). Therefore the independent is acting in a consistent fashion in every election by making a conscious choice rather than just voting for the same party candidate time after time.

Xan wrote: ↑Mon May 23, 2022 9:52 pm …
Is that really all that different from somebody who says "I used to be a Republican and now I'm a Democrat"?

vnatale wrote: ↑Mon May 23, 2022 10:28 pm Not at all
…

I agree, no difference. The rest is just semantics.

On now and available online any time after now:

Charles "Charlie" J. Sykes
Founder and Editor-at-Large
Bulwark, The

https://www.c-span.org/video/?520607-5/ ... -2022&live

MAY 27, 2022 | PART OF WASHINGTON JOURNAL 05/27/2022
Washington Journal
Charlie Sykes on the Future of the Republican Party and Campaign 2022

Charlie Sykes talked about the 2022 primary season, former President Trump’s influence on the Republican Party, and the overall direction of the party heading into the midterm elections.

Two excellent segments today plus what was on prior to Washington Journal starting:

JUNE 1, 2022 | PART OF WASHINGTON JOURNAL 06/01/2022
Washington Journal
Open Phones, Part 1
Join us with your calls and comments on social media as we review the latest news headlines out of Washington.

https://www.c-span.org/video/?520651-2/ ... ewer-calls

JUNE 1, 2022 | PART OF WASHINGTON JOURNAL 06/01/2022
Washington Journal
Maya MacGuineas on Deficits and the Economic Outlook
Maya MacGuineas talked about deficits and the Congressional Budget Office’s report on the budget and economic outlook for 2022-2032.

https://www.c-span.org/video/?520651-3/ ... ecade&live

MAY 31, 2022
Former Treasury Secretary Larry Summers on Inflation
Former Treasury Secretary Larry Summers discussed historic inflation and the current administration’s strategy to tackle it in a conversation with the Washington Post.

https://www.c-span.org/video/?520632-1/ ... us-economy

I am definitely NOT in the pro-gun camp.

But this is just another example of why C-Span's Washington Journal is so wonderful. I am always open to listening / hearing facts from those who do not share my beliefs. This person did an excellent job in doing that.

JUNE 3, 2022 | PART OF WASHINGTON JOURNAL 06/03/2022
Washington Journal
Richard Feldman on Potential Gun Control Legislation
Independent Firearm Owners Association President and former NRA lobbyist Richard Feldman talked about congressional efforts to address gun violence.

https://www.c-span.org/video/?520703-3/ ... egislation

https://www.c-span.org/video/?520544-1/qa-phil-klay


MAY 26, 2022
Q&A
Phil Klay
Phil Klay, an Iraq war veteran and the author of Uncertain Ground: Citizenship in an Age of Endless, Invisible War, talked about the impact of the wars in Afghanistan and Iraq on American society and the chasm between the less than one percent of citizens who serve in the military and the rest of the nation.

vnatale wrote: ↑Fri Jun 03, 2022 10:07 am I am definitely NOT in the pro-gun camp.

But this is just another example of why C-Span's Washington Journal is so wonderful. I am always open to listening / hearing facts from those who do not share my beliefs.

Amen. I wish the rest of the media were like that.

It is only C-Span cameras that are allowed in the room for tonight's hearings starting at 8 PM. And, of course, C-Span is the only media that will offer you complete, unbiased coverage from "gavel to gavel".

Supposed to start at 8:02 PM.

I have it on my TV now with Yankee radio / TV broadcast on this computer.

NOW ON C-SPAN 1
First Open Testimony Before January 6 Committee
After months of closed door investigations, the House January 6 Committee holds its first hearing with public testimony about what transpired-and why-during the assault on the U.S. Capitol.

https://www.c-span.org/networks/

vnatale wrote: ↑Thu Jun 09, 2022 6:55 pm I have it on my TV now with Yankee radio / TV broadcast on this computer.

I have it one with Iron Chef on another screen and my left toe in a vessel of peanut butter.

JUNE 11, 2022 | PART OF WASHINGTON JOURNAL 06/11/2022
Washington Journal

Peter Morici Discusses the U.S. Economy & President Biden's Economic Agenda

Peter Morici, University of Maryland Economics Professor Emeritus, discusses the U.S. economy and President Biden’s economic agenda.


https://www.c-span.org/video/?520913-3/ ... mic-agenda


https://en.wikipedia.org/wiki/Peter_Morici

NOW ON C-SPAN 1
Washington Journal: Stephen Moore Discusses the Economy & Biden Administration Economic Policies
FreedomWorks senior economist and former Trump senior economic adviser Stephen Moore discusses the economic outlook and Biden Administration economic policies.


https://www.c-span.org/video/?521006-3/ ... icies&live

JUNE 16, 2022 | PART OF WASHINGTON JOURNAL 06/16/2022
Washington Journal
Rep. Tom McClintock on Gun Violence Reform and January 6th Hearings
Rep. Tom McClintock (R-CA) talked about gun violence reform, January 6th committee hearings, the economy and inflation, and other congressional news of the day.


https://www.c-span.org/video/?521030-3/ ... rings&live

JUNE 17, 2022 | PART OF WASHINGTON JOURNAL 06/17/2022
Washington Journal
Jill Wine-Banks and Geoff Shepard on Watergate 50th Anniversary
Jill Wine-Banks, a former Watergate Assistant Special Prosecutor, and Geoff Shepard, a former deputy to the Nixon administration’s Special White House Counsel, talked about the 50th anniversary of the Watergate break-in.

https://www.c-span.org/video/?521064-5/ ... nniversary


JUNE 18, 2022 | PART OF WASHINGTON JOURNAL 06/18/2022
Washington Journal
Steven Cook Discusses President Biden's Upcoming Visit to Saudi Arabia
Council on Foreign Relations senior fellow Steven Cook discusses President Biden’s upcoming visit to Saudi Arabia.

https://www.c-span.org/video/?521065-3/ ... udi-arabia

JUNE 19, 2022 | PART OF WASHINGTON JOURNAL 06/19/2022
Washington Journal
Matthew Hennessey on "Visible Hand: A Wealth of Notions On the Miracle of the Market
Matthew Hennessy, author and Wall Street Journal deputy editor, talked about his book on the value of free markets, “Visible Hand: A Wealth of Notions On the Miracle of the Market.”


https://www.c-span.org/video/?521140-3/ ... acle-marke

If youre actually watching those Vinny, give us your take-aways

I look forward to the day where Rand just rants about fringe libertarian issues. For now though, yeomans work: https://www.youtube.com/watch?v=3ICBBK-d-C0

That Fauci couldn't be there in person because of a positive "test," despite all his jabs, is a nice touch. He sounds healthy. How odd!

boglerdude wrote: ↑Sun Jun 19, 2022 4:57 pm
If youre actually watching those Vinny, give us your take-aways

I look forward to the day where Rand just rants about fringe libertarian issues. For now though, yeomans work: https://www.youtube.com/watch?v=3ICBBK-d-C0

That Fauci couldn't be there in person because of a positive "test," despite all his jabs, is a nice touch. He sounds healthy. How odd!

I can try but no guarantees. Otherwise take them as suggestions for you to decide if you want to watch part or all of them.