Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject	7/12/2002 2:53:40 PM
From: Dave Gore	Read Replies (3) of 16631

Stewart Varney on CNBC --- Do Investors Trust Politicians to do the Right Thing? How quickly the intraday rally fades AGAIN! He just pointed out what some fear - that politicians are ultimately more interested in votes and looking good to voters. There is a fear they may even go overboard and strap even honest companies so badly with regulations that CEO's will purposely do things like underestimate earnings so they have a buffer in case an inadvertent mistake is found later. We can't allow that. We need common sense regulations that assure honesty and hard work but not cause fear or loss of incentives. We need to keep an eye on politicians to make sure a McCarthy-like witchhunt doesn't take place. We also desperately need to send a message that the guilty "Whitest-Collar" criminals who got/get filthy rich while taking a whole Company and its workers and shareholders down are punished more severely than the guy who steals a CD out of a audio store.

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