This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Democrats Get Wake-Up Call

Whoever is declared the winner, the outcome of the Massachusetts senatorial election is neither a mandate for President Obama's liberal agenda nor a license for a return to status quo ante of George Bush.

The fact that a conservative has put Ted Kennedy's seat in play is a repudiation of Democrats' recent partisan governing style, and an agenda that is simply out of step with the real change Americans want.

From health care to jobs to the banks, it's time for Democrats to stop accusing critics of deceiving the public and to step back and ask what voters will accept.

On health care, Americans don't want a comprehensive federal takeover and higher taxes. To cover the uninsured, they would support reforms that make Medicaid and other federal programs for the poor much more cost efficient, and changes that lower prices and don't more severely ration access for middle class Americans already paying for health care.

A new health care bill should focus on lowering drug prices to those paid by health systems in other high income counties like Germany and Canada, ending the inefficiencies imposed by a mindless malpractice system other advanced countries don't have, and aligning doctors pay and insurance company administrative costs with those in Europe.

Real reform should not require new taxes or higher premiums, but rather should lower the cost of health care -- that's the yardstick the president should use, not budget neutrality.

Regarding unemployment, the president needs to acknowledge that the stimulus package will not deliver the 4 million jobs promised, and that fanciful dreams of replacing 8 million or 9 million jobs over three years with new opportunities in green industries and smart buildings are just that -- fanciful dreams.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GS $179.19 -1.04%
AAPL $112.12 2.39%
FB $93.24 0.83%
GOOG $643.61 0.70%
TSLA $220.69 -2.66%


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs