I wrote an article entitled " Watch the Republicrats", on October 12, 2005. I really think it is worth reading the article again, particularly if you didn't see it last year.

The article will give you a perspective about our current culture, and hopefully show you how to profit from the publics mistakes.

Watch the Republicrats

I want to start out by saying that I hate politics. I am hesitant in bringing this topic up because so many people are blindly associated with one side or the other. In order to be a successful investor, you can never be blindly “bullish” nor “bearish”. So, to remain open-minded and neutral, I want to discuss how many people today are no longer Republicans or Democrats, they are instead, Republicrats. This inbred breed of new political and social beliefs has had a profound impact on our economy and society.

I will get to an important investment point here soon, but we need to realize that many of the social issues facing our country have had, and will have important economic consequences in the future.

My grandparents, on my father’s side were immigrants from Armenia. They were the most decent, moral, and unselfish people I’ve ever known. They were also Democrats.

Back in their day,

1) Democrats stood up for the poor and working class.
2) Republicans were for the rich.

Today, (if they were still alive) there is no way that my grandparents could identify with the belief system of either the Democrats nor the Republicans.