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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Daniel Schuh who wrote (17439)12/5/1998 10:59:00 PM
From: JBL  Read Replies (1) of 67261
 
Daniel,

Clinton is a populist. I've often thought about him as a modern Huey Long, Governor of Louisiana from 1928-1932.

Likeable, creative, social, great orator, talented liar, and champion of popular causes.

These people end up seeing themselves as Messias of a Greater Cause to which the law does not apply. Their modus operendi is to mortgage the future, and to distribute wealth and favors to their supporters, in order to remain popular with them.

Like mafia dons, they use this popularity with the public and the media to shield themselves from the law, and corrupt the idealists that work with or for them.

The success of this model has found its way in finances, where it is now more important to have a "great story" and spin it, than to have a sound business plan, and show profits.

Look at Internet companies, they have "Clinton" written all other them : a great story, a wild ammount of spin, happy investors, corrupt analysts and underwriters, instant gratification, and a future mortgaged by debts and mounting losses.

Like Clinton, they are a disaster in the making.




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