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Strategies & Market Trends : Value Investing
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To: TimbaBear who wrote (16830)4/12/2003 11:10:16 AM
From: jeffbas  Read Replies (1) of 78658
 
Timba, if you invest with the reasoning you use for economics and politics you must be in bad shape.

-The bubble burst in Spring 2000, three quarters before Bush came to office. The consequences were set in stone by the size of the bubble which was permitted by the Clinton/Gore Administration. It should be obvious that the subsequent dozen cuts in rates and large tax cut were the right measures. The reason they have not done much is because the prior excesses, such as gross overspending on technology capital investment, were so enormous.

-As far as 9/11 goes, since I live in the neighborhood and knew folks who were killed, I find your view reprehensible. The WTC bombing in 1993 and subsequent attacks on overseas USA targets were essentially ignored by the Clinton/Gore Administration. The Torricelli (Dem.) Amendment effectively demoralized and emasculated the CIA and intelligence agencies. To set up a Homeland Security Agency and make sure that all agencies were well coordinated was the Clinton/Gore administration's duty to protect the country once it became clear that we were being targeted. Yet the Clinton/Gore administration did nothing. To blame 9/11 on Bush who had been in office 7 months at the time of the attack is ludicrous.

-As far as invading other countries goes, I think I will take the opinion of 25 million Iraqi's over yours as to the merits of that. Totally aside from disabling WMD availability issues, freedom of Arabs in the Middle East is, in my opinion, the single best chance that we have as a country to reduce the dangers to our children and grandchildren.
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