The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Jim Ray who wrote (3433)	12/21/1998 9:01:00 AM
From: Jay Ray	Read Replies (1) of 90042

Jim, While I think the whole affair is disgusting, I don't think that the current political turmoil in Washington will have any affect on business. As far as I'm concerned, gridlock is good. I own a small business and am very pleased that there has been no new legislation or regulation of any significance in the past three years. No new mandates, no messing around with the tax codes - in short, gridlock has given us a stable business environment in which to operate. Activist government is far worse for business than the current scenario. Just wait till the Democrats get control of everything again (and I believe they will). Imo, they will attempt to make up for lost time by unleashing a flood of new legislation and regulation. Businesses large and small will be forced to pay for new programs and the equity markets will stagnate as a result. Of course, we can always hope that they all get fired. Kick 'em all out - Clinton, the House and the Senate and start with a clean slate. Now I'm really dreaming (or rambling)... Jay

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