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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.100.0%Jan 23 4:00 PM EST

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To: Tom M who wrote (4309)1/20/1999 3:21:00 PM
From: Trey McAtee  Read Replies (1) of 99985
 
tom--

i think it was de Tocqueville that said something to the effect that democracies are imperiled when the citizenry discovers it can vote itself money from the public purse.

can you think of a more elegant proof of this than the great society and the persistance of minorities to vote democratic?

good luck to all,
trey
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