10/1/10

Power and wealth. This is the name of the game.

Oct. 1 (Bloomberg) -- President Barack Obama made Rahm Emanuel a global name by appointing him White House chief of staff. President Bill Clinton and Chicago Mayor Richard M. Daley helped make him rich.

The wealth and connections Emanuel amassed while working for all three men give him advantages -- and liabilities -- as he explores running for a job he has said he always wanted, mayor of his native city.

I guess this is the reason people want to go into politics: power and wealth. Or is it because they want to help us living a nice life with a safe job, good education, and a serene retirement?

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

No comments: