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Martin Nestiak
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Martin Nestiak

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Well, the world has one badass less. RIP Sir Christopher Lee
http://io9.com/22-incredible-facts-about-the-life-and-career-of-sir-ch-1710917366
If Sir Christopher Lee had just been a movie star, he would still have been an icon. But the late actor, who passed away last week, had an amazing life even beyond his incredible body of work. Whether you’re still lamenting his passing or unsure why his death is such a loss, here’s 22 reasons why Christopher Lee will always be a legend.
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Martin Nestiak

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Zelame vam stastne a vesele vianoce a vela uspechov do noveho roku 2015. Nech je novy rok vo vsetkom lepsi ako ten stary.
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Very interesting analysis. Too bad the elections are over...
Could use a report like that in Slovakia as well... Maybe it would open some eyes...
 
I Made A Spreadsheet

I've heard a variety of people making claims about which political party is better for the economy. So I made a spreadsheet to see what I could find out. I went to the U.S. Department of Commerce Bureau of Economic Analysis (http://www.bea.gov/national/index.htm#gdp) and got a list of year to year GDP change from 1930 to 2013. Then I went to the Tax Policy Center (http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=543) to find the top tax rate for each year. Next I searched for a list of S&P 500 annual returns. (http://financeandinvestments.blogspot.com/2014/02/historical-annual-returns-for-s-500.html) Finally I went to Wikipedia to get the list of party control of Congress for each year. (http://en.wikipedia.org/wiki/Party_divisions_of_United_States_Congresses) (Note: Due to reader complaints about my use of Wikipedia as a source for a list of party control of Congress I have gone to http://www.senate.gov/pagelayout/history/one_item_and_teasers/partydiv.htm and http://history.house.gov/Institution/Party-Divisions/Party-Divisions/ to verify the accuracy of that data. In what will come as a shock to almost nobody, Wikipedia's information turned out to be completely accurate.)

I spent a little time mashing all that together into a single spreadsheet and ended up with a nice, sortable list of each year's GDP change, S&P 500 change, top tax rate, and the party controlling the White House, Senate, and the House of Representatives. First thing I did was to sort the list by GDP change as a general proxy for The Economy. Essentially, the economy has done overwhelmingly better during Democratic administrations as compared to Republican administrations. As shown in the chart below, of the top 24 years since 1930 the government has been almost entirely under Democratic control.

Then I got to wondering whether perhaps the Republicans may not have benefited the GDP so much, but instead helped out the stock market returns. I mashed those numbers and the result was so jaw-dropping that I had to recheck my work several times. If you had $1,000 in 1930 and invested in the S&P500 only while there was a Democrat in the White House, keeping your money in the mattress during Republican administrations, at the end of 2013 you'd have had $344,307.20. If, on the other hand, you followed the exact opposite tactic and invested only while the president was a Republican, and stayed out of the market during Democratic presidencies, at the end of 2013 you'd have had $6,721.72.

For my next trick I'm going to do the analysis based on Congressional control just in case it turns out that the purse strings have a bigger effect on the stock market than the presidency, but based on the way the chart looks I don't know if that will make much difference. More to come!

EDIT: Oh, hey, I almost forgot. If you look at the tax rate column, you'll note that in the best 24 years of GDP growth the top tax rates are WAY higher than current. In fact, the lowest top tax rate on the list is 1984, when it was only 50%. I'm not sure I believe the rhetoric that lowering tax rates helps the economy.

FURTHER EDIT:  Oh, oh, oh, I forgot one important thing: While this is a fine intellectual exercise the actual even better rule turns out to be "Stay invested in the stock market all the time." Even though the Republican administrations' return was only a relatively paltry 6.7 times, that means that $1,000 invested in the S&P 500 in 1930 and just kept going all the way until the end of 2013 would be worth $2,314,336.59. The point of the post was to illustrate the surprisingly disparate performances, not to actually suggest a good investment rule to follow.
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Martin Nestiak

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Posledna prednaska v absolutnom style. Silne odporucam kazdemu, velmi dobre a rozumne o tom, ako dosiahnut svoje sny
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Martin Nestiak

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Tak to by sme mali za sebou. #goodbyebreakingbad   I guess you really got what you deserved, though you're gonna be missed.
Ma niekto nejaky tip na dobry serial?
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Martin Nestiak

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The one who follows the crowd will usually get no further than the crowd. The one who walks alone is likely to find himself in places no one has ever been. - Albert Einstein
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Martin Nestiak

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An Astronaut's Guide to Optimism: http://youtu.be/HPa4tzI4dYU
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When you need to have your faith in humanity restored.
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As a big fan of #cosmosaspacetimeodyssey and especially #neildegrassetyson , I couldn't agree more
Tyson is deliberately and straightforwardly giving a whole lot of time to creationism.
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Martin Nestiak

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Zapchajte komíny, nepustite Santu,
použite betón, cement aj maltu.
Otvorte si okno, stačí aj máličko,
darčeky prinesie jedine Ježiško...
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Prajeme krasne vianoce a pekny novy rok 2014 aj vam.
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This is totally bloody brilliant. Must watch for everyone into science :)
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Have him in circles
70 people
MG Auto s.r.o. Bratislava's profile photo
Denisa Zaprazna's profile photo
Juraj Schramm's profile photo
Ivana Cahojova's profile photo
Filip Halcin's profile photo
Ondrej Latta's profile photo
Miso Bebjak's profile photo
Matúš Halász's profile photo
Barbora Posova's profile photo
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Introduction
Man is a rope, tied between beast and overman--a rope
over an abyss. A dangerous across, a dangerous on-the-way,
a dangerous looking-back, a dangerous shuddering and
stopping. What is great in man is that he is a bridge and
not an end: what can be loved in man is that he is an overture
and a going under. I love those who do not know how to
live, for they are those who cross over.
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