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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: duke-nukem who wrote (28964)	7/6/2000 12:17:50 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Duke, So you are saying you'd rather sit back and do nothing? Hoping it goes away? Rattling some cages. . .even if it only accomplishes gathering attention is better than doing nothing, in my opinion. Of course there are politicians that are crooked. . .it is part of the new definition of the word. But there are some that will still listen to the voice of the people. . . just blurt out some Thomas Jefferson quotes and see what I mean. . .<G> Look at congressman Trafficante [no relation to the deceased mob boss that ran Havana and Florida]. . . he is going after the Justice Department. . .claiming corruption. Now THAT takes a lot of nerve. All we want to do is turn some heads and garner some attention. I just wish the year had a few more months in it. . . and the day a few hours. . . [last night. . after days of burning candle at both ends. . .I fell asleep at 6pm and didn't wake until 6:00am. . . ] For the record, I am not necessarily for MORE regulation. I am for enforcement of the regulations we already have. . . equal enforcement across the board. The SEC hired 85 new agents this year just to watch us. . . . but how many new agents did they hire to watch the major brokerage houses? That's what I'm talking about. There are many hard questions that need asked and answered. Rande Is

To: duke-nukem who wrote (28964)	7/6/2000 4:03:56 PM
From: Rock_nj	Respond to of 57584

OT - Bribery of politicins in DC and elsewhere is called "campaign contributions". I read an interesting book called "America: What Went Wrong". They clearly connected campaign contibutions to the lack of action by congress in addressing issues in the financial markets. They specifically examined the way congressmen were wined, dined and given large contributions by in the 80s by the junk bond dealers. These legal bribes kept congress from addressing some of the excesses in the junk bond market and allowed the dealers to perpetuate their schemes to the detriment of the economy, retail bond buyers, and the workers at companies that were raided in junk bond schemes.