Comments on: NY-26: Jon Powers, Jack Davis, and Big Bad Oil http://thebuffalobean.com/2008/08/11/ny-26-jon-powers-jack-davis-and-big-bad-oil/ Conservative News and Commentary from Western New York Wed, 07 Jan 2009 13:21:00 +0000 http://wordpress.org/?v=2.5.1 By: Chris http://thebuffalobean.com/2008/08/11/ny-26-jon-powers-jack-davis-and-big-bad-oil/#comment-354 Chris Mon, 11 Aug 2008 18:07:37 +0000 http://thebuffalobean.com/?p=205#comment-354 "You can pick your mutual funds, but you can’t pick and choose what those mutual funds invest in. " True, but it's not difficult to find out the holdings and investment philisophies of particular mutual funds. So, if it is so terrible to profit in any way from "evil" oil companies, it would be rather easy to select mutual funds which do not include those stocks. The easiest way would to invest in the many in mutual funds which bill themselves as socially or environmentally responsible. Also, why does the dollar value that Powers have invested in oil stocks matter? It's OK to make a little money off of the big, bad oil companies, but once you go over a certain amount it's evil? Powers selected the investments he did because he wanted to maximize his return. Same as Davis. “You can pick your mutual funds, but you can’t pick and choose what those mutual funds invest in. ”

True, but it’s not difficult to find out the holdings and investment philisophies of particular mutual funds. So, if it is so terrible to profit in any way from “evil” oil companies, it would be rather easy to select mutual funds which do not include those stocks. The easiest way would to invest in the many in mutual funds which bill themselves as socially or environmentally responsible.

Also, why does the dollar value that Powers have invested in oil stocks matter? It’s OK to make a little money off of the big, bad oil companies, but once you go over a certain amount it’s evil?

Powers selected the investments he did because he wanted to maximize his return. Same as Davis.

]]> By: Matt http://thebuffalobean.com/2008/08/11/ny-26-jon-powers-jack-davis-and-big-bad-oil/#comment-352 Matt Mon, 11 Aug 2008 16:41:02 +0000 http://thebuffalobean.com/?p=205#comment-352 1, 2 & 3. Personally, I don't care. Big Oil is just a scapegoat in an argument that adds nothing to the debate over who has the better judgement to lead. People have the right to make their money however they see fit. The apparent difference between you and I is that you see wealth and success as a sin. 4. I shouldn't have to tell you that in NY-26 there is a primary race amongst the Democrats, while there isn't one on the Republican side, thus, there's more things to report relating to the Democrat primary. I've given plenty of reasons why Chris Lee is a far better candidate than Powers, Davis and Kryzan combined. Just because you either a) ignored it or b) chose not to recognize them doesn't mean that they're not there. 1, 2 & 3. Personally, I don’t care. Big Oil is just a scapegoat in an argument that adds nothing to the debate over who has the better judgement to lead. People have the right to make their money however they see fit. The apparent difference between you and I is that you see wealth and success as a sin.

4. I shouldn’t have to tell you that in NY-26 there is a primary race amongst the Democrats, while there isn’t one on the Republican side, thus, there’s more things to report relating to the Democrat primary. I’ve given plenty of reasons why Chris Lee is a far better candidate than Powers, Davis and Kryzan combined. Just because you either a) ignored it or b) chose not to recognize them doesn’t mean that they’re not there.

]]> By: Buffalopundit http://thebuffalobean.com/2008/08/11/ny-26-jon-powers-jack-davis-and-big-bad-oil/#comment-351 Buffalopundit Mon, 11 Aug 2008 13:42:50 +0000 http://thebuffalobean.com/?p=205#comment-351 1. You can pick your mutual funds, but you can't pick and choose what those mutual funds invest in. 2. Investing in a mutual fund is different than investing in an individual stock, over which someone has complete control. 3. $35 million invested in big oil isn't the same as Powers investing - how much? You don't say - in Schwab. 4. Has Chris Lee done anything newsworthy lately, or are we just on the "Democrats are bad" bandwagon? So far I literally haven't heard one reason why I should vote for Chris Lee, except that (a) he raised a lot of money; and (b) he isn't Powers/Kryzan/Davis. The reason, obviously, is that there _is no_ reason to vote for Chris Lee, other than he's a scion of a wealthy family that sold its local company to a New Jersey concern, netting $400 million for the family, and that he isn't a "politician". He's Dan Humiston with paler skin and better hair. 1. You can pick your mutual funds, but you can’t pick and choose what those mutual funds invest in.

2. Investing in a mutual fund is different than investing in an individual stock, over which someone has complete control.

3. $35 million invested in big oil isn’t the same as Powers investing - how much? You don’t say - in Schwab.

4. Has Chris Lee done anything newsworthy lately, or are we just on the “Democrats are bad” bandwagon? So far I literally haven’t heard one reason why I should vote for Chris Lee, except that (a) he raised a lot of money; and (b) he isn’t Powers/Kryzan/Davis.

The reason, obviously, is that there _is no_ reason to vote for Chris Lee, other than he’s a scion of a wealthy family that sold its local company to a New Jersey concern, netting $400 million for the family, and that he isn’t a “politician”.

He’s Dan Humiston with paler skin and better hair.

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