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Friday, August 10, 2012

Polls == Donations.

I have written several blogs on polling data having to do with the election and I have shown that we need to pay attention to WHO is doing the polls and WHO are being polled.

But here I want to tell you WHY various polling institutions are showing Obama moving ahead right now.

The most important reason for giving Obama favorable polling data now is not so Obama can sleep good at night.   Instead it is meant to help stimulate donors to give more to Obama and less to Romney.  Money is the life-blood of elections and restricting the giving of money to a campaign will keep it from being successful.  This is true in investments as well.   When a stock analyst gives a bad "futures" report on a company, the stock tanks.  When another analyst gives a good report, the stock rises.  We often pull money from investments based on other data.  The same holds true for elections.  The "analysts" are the "polling-companies" they say which investments are working and which ones aren't.   We tend to withhold money from candidates if we "perceive" that they are a bad bet.   On the flip side, we tend to give MORE money to candidates that are ahead because everyone wants to support a "winner" (Get on the band-wagon!).   The polling data today is meant to help Obama raise money and slow down Romney.

Later (probably end of October) we will see the polls tighten and may even see Romney with a "slight lead".   The purpose here is that the donor season is over and now it's time to get the voters worried that their candidate (Obama) might not make it and they need to get to the polls and hit the streets.

We must NOT let the polls affect our donations to the Romney campaign.  We must fight the urge to think its a bad bet and go with our gut instinct that our country will chose Romney over Obama come this November.

If you have not given yet.... GIVE NOW!

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