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To: BeachBum who wrote (77848)11/4/2000 3:50:34 AM
From: CpsOmis  Read Replies (2) | Respond to of 95453
 
OT<<<<People don't want to admit it but things have never been better.....

I beg to differ with you, STRONGLY.....many of us here have made significant sums of money by linking human psychology with a "slow motion" view of the trends of future events....in the "markets".....

I suspect that those same skills enable "us" to equally see the slow motion decay in our "civilization", as children gun down each other for "sport", and the president shows delight in getting "fiddled" while the rest of the country burns......using power for the egrandizement of self and ego instead of for the betterment of his fellow man.....

I believe the country has followed his example.

I remember when Reagan was elected...I was hanging around a bunch of angry socialist type folk musicians at college...I repeated the same ideologies that were fed us by the media, not realizing I was conforming to "belong"..... IN SPITE OF THIS, with a deep resentment, hatred of Reagan, within several years, an amazing thing happened....

BECAUSE of his optimism, strength of character and vision, I, along with millions across America, began to throw out the "Vietnam malaize" where "everything was wrong with my country" and found myself inexplicably PROUD...yes PROUD of my heritage. In addition, I became humbled to realize what I had that others in the world did not, and the responsibility that entailed to make the world a better place.

The man, Ronald Reagan did that. He changed my views about my country.

Bill Clinton and Al Gore have ushered in a new age of self-absorbed, self-oriented selfishness to this country in the same way Ronald Reagan ushered in a sense of pride and hope.

Yes, we are prosperous.....but that has more to do with the huge infusion of money supply that will ultimately cause financial ruin and disaster in this country.

I truly believe that, even GW Bush will do more to restore honor, dignity and pride to the Oval office than any other candidate. Al Gore will perpetuate the "me-first" mentality in this country.

Driven on the highway's lately? See the selfish dangerous risk taking that has gotten so much worse.....

"Trickle down" is just not about the economy. We have seen a "Me-First" "trickle-down morality" from the Clinton-Gore years.

I humbly submit that GW Bush will put an end to it, and come up with a new moral leadership for this country.....

Regards,

Cosmo



To: BeachBum who wrote (77848)11/4/2000 1:44:55 PM
From: Warpfactor  Read Replies (3) | Respond to of 95453
 
OT: "People don't want to admit it but things have never been better"

Obviously, Beach Bum, you do not live in California. I rake in $80K as an Engineer in Santa Clara, my wife works part-time pulling in $25K while taking care of our baby girl. A couple more years of 70%+ returns on my portfolio, and we should be able to come up with the $300K to comfortably afford the $500K 1600 sqft homes here, assuming prices do not further appreciate by then. Most people without my "investing prowess" (I use the term loosely) in a similar situation would have no hope of ever buying a home, assuming they didn't happen to own one already.
In a few years when our girl is ready to go to school, we'll shell out additional $$ to send her to a private school. Such is my confidence in the state of the public school system. I don't need to discuss the ineffectiveness of that venerable institution and the direction it has taken over the past eight years.
Those of us living in California are not better off. Even those homeowners with hundreds of thousands of dollars of equity feel trapped in their homes, unable to move up from their starters. As high as prices seemed back then, everything was more affordable in the early nineties.
Some say it's simple supply and demand causing this situation in northern CA, yet a drive around the Bay Area would display the thousands of square mile of open space off limits to development. Now we even have another "Open Space" local ballot initiative which if passed would not allow farmers/ranchers in the outer suburbs to sell their property to developers.

Warp