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2016 Postmortem
Related: About this forumThe Street predicts Obama Victory
TheStreet asked a number of its reporters, editors, contributors and others to give us their take on who they think will win Tuesday's election and what they think it means for the country moving forward.
Here's what they had to say in their own words.
Josh Brown, founder of The Reformed Broker:
"Obama takes the vote home in the Electoral College (the only place it counts, thanks to our inability to abolish this slavery-era construct) but the popular vote will be quite close. Meanwhile, the House and Senate split between Blues and Reds. This means four more years of gridlock winter, the continued court battles over health care and a last-minute ugly compromise on fiscal cliff issues before Christmas. The market will sell off into that battle, rally back on its resolution, cause a lot of consternation in the process, but will end up having gone nowhere.
"Thus, frustration shall be the order of the day for Republicans, Democrats, bulls, bears and, most deliciously, forecasters with strong opinions in one direction or the other. None shall have satisfaction this season."
Rocco Pendola, director of social media at TheStreet:
"As I explained last week in Obama Won the Election This Week, Hurricane Sandy, particularly New Jersey Gov. Chris Christie's more-than-positive response to Washington's support, cinched the election for Barack Obama.
Here's what they had to say in their own words.
Josh Brown, founder of The Reformed Broker:
"Obama takes the vote home in the Electoral College (the only place it counts, thanks to our inability to abolish this slavery-era construct) but the popular vote will be quite close. Meanwhile, the House and Senate split between Blues and Reds. This means four more years of gridlock winter, the continued court battles over health care and a last-minute ugly compromise on fiscal cliff issues before Christmas. The market will sell off into that battle, rally back on its resolution, cause a lot of consternation in the process, but will end up having gone nowhere.
"Thus, frustration shall be the order of the day for Republicans, Democrats, bulls, bears and, most deliciously, forecasters with strong opinions in one direction or the other. None shall have satisfaction this season."
Rocco Pendola, director of social media at TheStreet:
"As I explained last week in Obama Won the Election This Week, Hurricane Sandy, particularly New Jersey Gov. Chris Christie's more-than-positive response to Washington's support, cinched the election for Barack Obama.
http://www.thestreet.com/story/11756267/1/ithestreeti-predicts-obama-will-win-the-2012-election.html
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The Street predicts Obama Victory (Original Post)
VirginiaTarheel
Nov 2012
OP
sharp_stick
(14,400 posts)1. Josh Brown is an idiot
The electoral college was created during the Constitutional Convention of 1787 and the 12 amendement of 1804, and is not a slavery era construct as he so idiotically spouts.
I agree with him in that it's a relic that has far outlived it's usefulness but at least I know how and why it was developed.
Jennicut
(25,415 posts)3. It was the "Connecticut compromise."
My little state of CT was known for something.
MyOwnPeace
(16,937 posts)2. Im afraid I agree with the "no satisfaction" except.........
with President Obama in the White House we can be much more comfortable with the direction of the Supreme Court. Another post urged Reid to dump the filibuster, and that, too, would bring much more comfort!
I would get angry when I kept reading about how the Dems "had control" of both houses for 2 years when the reality was that the Dems needed to have 60 in the Senate - and we had "Blue Dogs!"
VirginiaTarheel
(823 posts)4. I will be very satisfied with Obama reelected