John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: All Mtn Ski who wrote (4533)	8/30/2001 9:05:11 PM
From: John Pitera	Read Replies (1) of 33421

Tom, It is interesting that the US has gone down the road of having two dominant political parties and they are the ones that candidates are elected from. Much different than the sometimes very fragile coalition governments that we see in Europe, and else where on occasion. It does seem that are system does create a type of checks and balances where candidates, policies and policy decisions are pulled towards a central Gravitational area. One that is not to far to the left or right, over time. With all of the fallings of the US political system in the twentieth century, we still managed to have a very vibrant, responsive culture and society that has been created. It's interesting that the US stock market for years has had the best returns during the so called periods of "GridLock" where the President belongs to one party and the US Congressional Majority is of the other Party. It's been expressed that when "GridLock" exists that the Politicians can not do anything so radical and destabilizing to the economy or to national psyche. I'm also supportive of states rights, and an advocate of a somewhat limited government. John

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