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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: chaz who wrote (52216)	7/19/2002 5:26:29 PM
From: paul_philp	Read Replies (2) of 54805

Chaz, she's offering some thoughts about the way the administration is beginning to be seen by the average joe. The average Democrat Joe, perhaps. You and she have the assumption that the current accounting scandals are some sort of crisis requiring 'leadship' to intervene so that it can be 'fixed'. Since this is not what Bush and Pitt are doing, it looks like they lack leadership and are not doing their job. However, since I see that the system is working just fine, thank you very much, I think that jumping in with heavy handed regulations and enforcement would do far more harm than good, I see Bush and Pitt are demonstrating powerful leadership given the hue and cry they must face. We need structural reforms which need to be carefully considered. This takes time and patience. I am however very disappointed in GB2.0. He seems to have no economic agenda at all. He doesn't even seem to have a center of gravity on the economy. I find this worrisome. The scandals will pass but the economy will need some thoughtful leadership. Paul

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