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Strategies & Market Trends : Zeev's Turnips

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To: Carl R. who wrote (411)12/30/2000 2:06:48 PM
From: Bosco  Read Replies (1) of 644
 
Hi Carl - Happy New Yr to you and others here, and your families also. With regard to the recount, the Miami Herald has adopted *my* <VBG> research methodology of publishing the raw data. People can make up their mind.

Using the old maxim from President Reagan, from the economic standpoint, are people better off after 8 yrs of Clinton/Gore vs 12 yrs of Reagan/Bush? They can make up their mind, why worry about the spin? However, as the mutual fund industry would say, past performance doesn't guarantee future results <G>! That said, President-elect Bush has assembled a set of old Ford hands. That is my real concern! If you remember the W(hip)I(nflation)N(ow) campaign, in which VP-elected Cheney was a major player, you should worry. Politics is ok, if politicians are backstabbing one another, but don't use the public as a pawn. I understand the coming administration is trying to talk down the expectation, not unlike a new CEO throwing all the dirty laundry in the 1st [or two] Q of his/her reign. However, that kind of accounting gimmack rarely affects the actual outcome of the business and cash flow etc. Politics is a whole different matter. By crying fire in the theater, the incoming administration may cause a stampede. This is an uncertain time, I don't see hurting the public now so to make the new administration looks like a cavalry is a smart move. If it is going to backfire, a lot of people will be hurt.

So, like I said, Happy New Year <G>

best, Bosco
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