Sunday, November 9, 2014

The Gay Mafia funds so-called conservatives: Club for Growth, Sen. Ted Cruz and Rep. Justin Amash just love pot-smoking queer billionaire Peter Thiel's money

And if you think there's no payback expected for that then I've got a bridge to sell you.

Reported here:

Peter Thiel is a pot-smoking gay man, which makes him the kind of person Cruz supporters would like to launch into some sort of Martian exile. But Thiel is also, crucially, a massively rich bussinessman [sic], which is enough for Cruz to shelve his Tea Party druthers and accept hundreds of thousands of dollars from the Silicon Valley luminary. Adjacent bigots have yelled at Cruz for pocketing Thiel's cash, but he has every reason to ignore them: last year, Thiel gave $2 million to Club for Growth, a SuperPAC that in turn poured over $600,000 into Cruz's (successful) senatorial run. Club for Growth is still a vocal supporter of Cruz as he's flailed and railed against Obamacare.

It wasn't a Republican wave in Election 2014, it wasn't a thumping, IT WAS A DELUGE

Republicans didn't just sweep the House, the Senate and governorships on Tuesday, they took enough legislative chambers to set records that go back to before the Civil War. They took 65% of open state legislative seats. Now if they only had a leader. 

Reuters reports here:

[The Republican Party] gained control of 10 chambers and could be on track to holding the largest number of legislative seats since before the Great Depression. ... With Tuesday's vote, Republicans took over the U.S. Senate, beefed up their majority in the U.S. House and won the governor's office in several key states. The vote also increased the number of state legislative chambers with Republican majorities to 67 from 57. Party control of the Colorado House and Washington House was still up in the air. The number of states with Republicans in control of both legislative chambers came to 27 ahead of the election and has now edged closer to the high mark of 30 in 1920 . . .. By contrast, Democrats will control the lowest number of state legislatures since 1860 . . .. Republican State Leadership Committee President Matt Walter said the party appeared to be on track to eclipse 1928's record high of 4,001 Republican state legislative seats. ... Voters on Tuesday were deciding 6,049 legislative races in 46 states, or nearly 82 percent of all state legislative seats.

Intermediate term bonds beat the S&P500 over the last fifteen years

The average nominal return from the S&P500 from September 1999 through September 2014 is 4.71% per year with dividends fully reinvested.

The nominal annual return from the intermediate term bond index fund VBIIX for the fifteen years to 11/7/14 is 6.37%.