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To: Stephen who wrote (35031)11/8/2000 7:45:44 AM
From: Lee Lichterman III  Read Replies (3) | Respond to of 42787
 
*OT* JorjX - Agree Stephen. Yes the view was before the election, a split house and Presidency was supposed to be best since it would create deadlock and less government is seen as the best Government. Of course once the election got going and the futures reacted hard as the decisions became known, the prior wisdom went out the window. It was obvious that the big money does NOT want to see Gore as 50 point dives in futures came whenever he was shown to be leading.

I have to admit that I now have mixed feelings. From my posts you can tell I am biased Republican even though there are things in their policies I don't agree with. I differ mostly on personal type issues though and agree with the economic policies. The reason I have the mixed feelings is as JorjX pointed out, there is the real probability that the bubble collapse will be blamed on them and we will get stuck with Welfare out the wazoo starting in 2004 and continuing for who knows how long.

Our future is pretty much sealed according to the birth rate data from various agencies. The lower a person's intelligence, the more poor they are and the less schooling they have, the more kids they have. These people will become the majority vote in a decade or so and they don't vote Republican. If we want at least a few more years to get our junk straightened out, we need to build those foundations now and get some Republicans in the house now. With the risk of them getting blamed for the end of good times now that are in reality a bubble, our only hope may be a stock market crash between now and January then a return to historical returns from that point on. Of course I am dreaming as I don't see an event that would trigger one so fast. Of course there are all those bad corporate credit notes, the inverted yields, a slow down in profits as the last of the rate increases hit and things like that so who knows.

We'll see. I can't believe I got up early to find out a recount will carry this suspence out a few more days. I just hope there are a lot of absentee voters in the military from Florida. The Clinton era pretty much made us all 100% Republican as we saw our inflation adjusted earnings disappear, medical care disappear and had to start sharing barracks showers with he/shes or wondering if the blood transfusion you would get in combat would kill you anyway due to HIV infection as we were sent to every little hole in the wall country or sand box without trees when Clinton had the press after him. I know this isn't politically correct and may offend some but one man did to the military what many countries tried to do for over 200 years and the one man succeeded. Reagan brought back pride in serving one's country. Clinton made us have to hang our heads low again.

Good Luck,

Lee



To: Stephen who wrote (35031)11/8/2000 10:58:14 AM
From: Challo Jeregy  Read Replies (1) | Respond to of 42787
 
Stephen, I will try to be more brief than Lee <ggg>

The Reps. have a very narrow lead in both the house and Senate. Therefore, no massive shifts will take place in making policy. In fact, Cheney (gulp, or Lieberman) will have to be the tie-breaker for 50/50 decisions in the Senate (or is that the house, can't remember?).

Regardless, not much will be accomplished - in the long run, for the market, that's good. Probably good for the country also . . .