Amendment 2: Florida Voters Reject Medical Marijuana

Nov 5, 2014, 3:22 pm EST

Amendment 2, which sought to broaden the use of medical marijuana in Florida, was rejected by voters on Tuesday.

Amendment 2 needed 60% of the votes to pass in Florida, but it only received 58% of them. The state already allows for a low-potency version of the drug to be used for medical purposes. However, supporters of the amendment claimed that more illnesses needed access to the drug, reports WFTV.

Those that rallied against Amendment 2 and ultimately won the votes on Tuesday said it wasn’t specific enough. These supporters said that the amendment didn’t have strict enough wording. They argued that this would allow medical marijuana to be used for more than its intended purpose, WFTV notes. Read 

Does the Election Matter to Investors? CNBC Doesn’t Think So

Nov 5, 2014, 11:14 am EST

Midterm election results are the big item of discussion today, and there’s a lot of speculation on what the vote means for the economy and the stock market.

CNBC’s Election Night programming included “Shark Tank.”

Minimum-wage increases were approved in five states. And despite what appears to be an improving economy, Democrats got no love as they lost control of the Senate and GOP governors swept into a few traditionally blue states. Read 

3 Sector Funds to Buy for a Republican Congress

Nov 5, 2014, 9:46 am EST

The newly elected 114th Congress will consist of a Republican majority. The certainty about political impact on the economy and capital markets pretty much stops there. However, the news for businesses and investors is less about what will happen and more about what will not happen.

Democrats will not rule the agenda as they have in recent years and the industrial sectors that tend to perform best under Republican rule will at least be given enough room to grow to their greatest potential, absent any real or perceived barriers that may have kept a lid on upside potential in recent past.

Although the economy and stock market, on average, have historically performed better under Democratic rule, there are some industrial sectors that tend to do best when Republicans have the upper hand. Read 

Ben Stein Calls Obama ‘Most Racist President’

Nov 4, 2014, 3:51 pm EST

Ben Stein has criticized President Obama for his desire to “racialize all politics.”

The economist went on to say that Obama, Hilary Clinton and other Democrats have convinced the country that Republicans have policies against black people in order to win the African-American vote.

Ben Stein added that Obama is “the most racist president there has ever been in America.” He also assured the public that Republicans have nothing against minorities. Read 

Stocks to Buy: Post-Election Selection

Nov 3, 2014, 8:50 am EST

The markets aren’t always influenced by politics, but when they are, it generally means opportunity awaits for the savvy investor. With the 2014 midterm elections on the way, there are numerous stocks to buy as the country transitions into the next two years. Source: GrabPress

It isn’t always easy to peg which sectors or stocks are the stocks to buy, or even the stocks to sell, but if you are up on what’s been happening in politics leading up to the 2014 midterm elections, you can handicap certain investments.

Some plays are good for trades, others are good for longer-term positions. Read 

5 Things to Know About New U.S. Ebola Czar Ron Klain

Oct 17, 2014, 3:36 pm EST

President Obama will name Ron Klain as the official “Ebola czar” of the U.S.

The Democratic aide will coordinate government responses to the illness across a number of agencies with the purpose of detecting and isolating the disease.

Here are five things to know about the Ebola czar: Read 

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