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Optionetics Market Commentary

MARKET RANT: The Most Brilliant President in 150 Years?


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Scott Kramer, Optionetics.com
September 20, 2005


Could “43” be the greatest political genius to hold the title of President since Jefferson?  Sure, we hear him say things like, “A lot of our imports come from other countries,” and we cringe.  “No one can really be that stupid,” we say to ourselves – and we may be right. Who could possibly forget:  "Too many good docs are getting out of the business.  Too many Ob-Gyns aren't able to practice their love with women all across this country?” – (Poplar Bluff, Mo., Sept. 6, 2004).  Dianne Feinstein may have had a myocardial infarction at that moment.  Was he just doing this to see if anyone was paying attention?

Does Mr. Bush deserve to be nominated for an Academy Award for best actor?  Apparently the jury is still out. It is my opinion that he is such an accomplished actor that not a soul thinks he is actually acting, which is a testament to his genius.  People even believe the Secret Service's code name for him is “Gilligan,” when in fact it is “Trailblazer,” as those closest to him know his super human facade he puts on for the public. Or is the Secret Service placating him? Perhaps Dubbya had to look up the meaning of “trailblazer” in his Dr. Suess Dictionary.  I know that at least a handful of people believe Mr. Bush thinks “Trailblazer” is a new spicy snack food with raisins in it.

Could there have been prophesy in what people think are screw ups?  Take, for instance, the following statement: "Our enemies are innovative and resourceful, and so are we.  They never stop thinking about new ways to harm our country and our people, and neither do we." –(Washington, D.C., Aug. 5, 2004)  Consider for just a moment, that he may not be that damaged, but may in fact simply telling people the truth, and that it wasn't a mistake.  Is this something his Bohemian Grove, Skull and Bones, Bilderberg Group and Trilateral Commission friends came up with, just like his father's “New World Order” speech?

I see hints of genius every day when I drive by my favorite gas station on the way to my office. A few weeks ago when oil was at $62 a barrel, gas for medium grade was being sold for $2.89 per gallon.  I can see the filling station from my office window and on that day a large tanker truck was filling up the station.  As hurricane Katrina arrived in New Orleans, I watched in amazement as the busiest gas station attendant in the world kept changing the sign in what seemed like an exercise conducted every 15 minutes. 

As we are all aware, the tragic hurricane which caused so much devastation also was a catalyst for speculation in crude futures, with the futures touching slightly above $71 a barrel.  I wrote less than two weeks earlier how crude would not get above $72 a barrel before selling off as it was a bubble reaching critical mass.  I kept reading my responses to the article that ranged from a few people congratulating me on “having the guts to step in front of the northbound train,” to death threats from individuals whom I might have taken seriously had the letter not been written in crayon or on White House stationary.  At least their “Hooked-on-Phonics” tapes arrived safely!  Then an amazing thing happened.  The avalanche of mail I was receiving from people upset with my Black Bubble article dried up as oil began to fall $8 or $9 a barrel.  When oil subsided back to about $62 my email alerts dried up all together.  I suppose the cessation of letters is as much attributable to people realizing I might have been right as much as those who were angered by my comments scrambling to sell their oil futures at a loss. 

Every time oil went up $0.50 a barrel the little old man with the pricing stickers would get back on his ladder and bump the price of gas on the advertisement board up $0.05, $0.10 or $0.15 a gallon.  Yet the gas I was buying from the station was the same as what was pumped into the station days earlier.  The station already purchased the gas and was selling it based on that day's cost where they had to charge $2.89 to make a profit, but the sign kept going up like a lottery sign on the highway the day of a big Powerball Jackpot. 

Before I go any further, I want to formulate an opinion on whether or not the Bush family is the greatest criminal enterprise since the Corleone family in the movie “The Godfather.” Grandfather Prescott Bush was almost thrown in jail for his nefarious activities, though one has to give him the benefit of the doubt and assume it may have been a misunderstanding. Neil Bush was fined a scant 50K for his involvement in bankrupting the Silverado Savings and Loan, which “earned” him millions and cost the tax payers $1.3 billion; however, I am sure his fine was commensurate with his culpability. They don't call it the Justice System for nothing.  People seem to forget that the President “41” Bush was having dinner with John Hinckley's father (the owner of Hinckley bottled water company) the day Reagan was shot.  George “41” was also of the CIA; enough said about him? You may formulate your own opinion on that.  Now comes what could be the boy genius, the greatest criminal mastermind since Santo Trafficante, who was frequently observed walking around the streets of New York in a robe pretending to be insane. Everyone thinks King Bush is too dumb to pull a scam. Could that be his genius? 

Remember that the family's business is oil – or as they say in Texas, “earl.”  Their company, Augusta Oil (Spanish for Bush), has many contracts with Middle Eastern countries.  What do you think the Persian Gulf War and the sequel were about?  After Bin Laden had his zealous puppet-like cronies (and I am sure this comment will get me put on some Al Qaeda death-list faster than Salman Rushdie's book Satanic Versus),  Dubbya made his famous speech about “Wanted: Dead Or Alive.”  Yet no one stopped to wonder why we were looking for Bin Laden in Iraq, and what a cheap substitute Saddam Hussein was.  Some people must have thought, “Ah, that is just “W” making a blunder again... at least he’s not choking on a pretzel.”  

President Bush had to make a statement about why oil was at $71 a barrel, and why, for example, people in Chicago were paying more than $3.50 for a gallon of gas. As expected, Bush didn't disappoint us when he said, "Americans should be prudent in their use of energy during the course of the next few weeks.  Don't buy gas if you don't need it." –(George W. Bush, Washington, D.C., Sept. 1, 2005)  Last time I checked, it wasn't at the “impulse aisle” in the grocery store next to Milky Way bars. Then we all had a good laugh at his expense, but  was too busy watching the dynasty's bank balance spin higher than a gas pump bill to worry how he looked?

Then on September 1, on ABC's “Good Morning America,” our elected President stated, "I think there ought to be zero tolerance for people breaking the law during an emergency such as this, whether it be looting, or price-gouging at the gasoline pump....”

So I looked outside my window all day, every day, for weeks.  No new truck bringing more gas to the filling station, and the old man's ladder that he uses to adjust the “pump price” was sitting there collecting cobwebs.   Meanwhile gas futures are falling off faster than the hate mail I received from my first article.  I was confused about why the price of gas wasn't dropping as oil futures fell.  Sure, there is a refinery issue of processing the oil, but much of the oil being released from the strategic petroleum reserves was already processed.  Then it dawned on me – Dubbya's family is in the oil business!  Could there be a correlation?

So don't expect to see any repercussions from the “zero tolerance” claims being made.  That wouldn't be good business, if not a tad bit hypocritical.  Like Neil Bush's issues with the failed savings and loan, the feds will somehow forget to prosecute anyone who is price gouging, and we will all just chalk it up to, “Auhhh, Dubbya must have forgot again what he said...oh well.”

The ability to keep up a charade of a dumb persona, if that is in fact what he is doing, is pure genius, and I know.  I have been attempting to do the opposite and fail.  My hat is off to Mr. Bush if that, in fact, is what is he is doing.  If that is even his real name.  Could Cheney be the puppet master holding the strings? I know not everyone is convinced Bush is a Mensa candidate, as once the buildings started falling during 9-11, Mr. Bush was at ground zero.  Meanwhile Dick “Halliburton” Cheney was in a secret location (perhaps in Saudi Arabia) for protection.  Perhaps Cheney is the mastermind behind all of this?  Or perhaps I am wrong once again and better off doing what I do best – trading and sleeping? 

You be the judge. Good luck trading, and please continue to pray for the victims of hurricane Katrina  if you aren't too busy praying for a new President.


Scott Kramer
Staff Writer and Trading Strategist
Optionetics.com ~ Your Options Education Site

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