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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (21877)7/31/2002 3:26:41 AM
From: Raymond Duray  Read Replies (2) of 74559
 
Maurice,

You must be joking. In the U.S. at least, the counter-trend is getting very strong. Almost all intelligent voters here have now got the message loud and clear. "Free market" is a cynical euphemism for criminal manipulation and self-dealing. C-SPAN is covering nothing almost nothing else. PBS News Hour is devoting much time to the topic. It's only the propagandistic disinformation channel "Fox" (how apt) that is still trying to deceive the henhouse. The intelligent press like the NY Time and the Washington Post are dripping with stories about the sins of the "free market" and their political whores, the Bushies.

I guess news travels slowly to a backwater like the one you inhabit. How about that "deal" that Aquila can't quite pull off with Vector on the UnitedNetworks "deal"? What's that all about? biz.yahoo.com

Vector got more sense than Aquila did? Aquila was a fabulous advocate of "free markets". Just ask their stockholders. When Richy Greed, the CEO, came out breathlessly in favor of "free market" solutions, the stock was trading at $30 per share. Now it's almost free. Is that what you have in mind, advocating free markets?

-Ray
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