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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (8063)	11/22/2000 3:11:40 AM
From: Bilow	Respond to of 30051

Hi Zeev Hed; Re Baker's threat... I sure hope he doesn't do that. Man, what a farce: theonion.com -- Carl

To: Zeev Hed who wrote (8063)	11/22/2000 6:29:02 AM
From: orkrious	Read Replies (1) \| Respond to of 30051

I think that additional weakness here, as the market reacts negatively to the Florida court decision and particularly to Baker's threat to throw the high court decision out with the help of the Florida Republican legislature (reminding us of George Wallace getting the Alabama legislators to throw out the supreme court decision about segregation in the south) Zeev, if Gore wins because the Dems count dimpled chads (it looks like this is the only way he can win) this can't even squeak into the category of a marginally decent analogy. They will have "stolen" the election. For Bush and the Florida legislature, it will be the right thing to do. Jay

To: Zeev Hed who wrote (8063)	11/22/2000 8:00:00 AM
From: Zakrosian	Read Replies (4) \| Respond to of 30051

To Baker's credit, he didn't denounce the Florida Supreme Court as a "bunch of fascist lackeys of the Gore campaign". But with observations like these: "Yes . . . tens of millions of good people in Middle America voted Republican. But if you look closely at that map [showing states won by George W. Bush in red] you see a more complex picture. You see the state where James Byrd was lynched--dragged behind a pickup truck until his body came apart--it's red. You see the state where Matthew Shepard was crucified on a split-rail fence for the crime of being gay--it's red. You see the state where right-wing extremists blew up a federal office building and murdered scores of federal employees--it's red. The state where an Army private who was thought to be gay was bludgeoned to death with a baseball bat, and the state where neo-Nazi skinheads murdered two African Americans because of their skin color, and the state where Bob Jones University spews its anti-Catholic bigotry: they're all red too." from Paul Begala, I don't see much hope for an amicable resolution of the situation. A likely course if the recount shows Gore ahead: washingtonpost.com Panetta said, "It is a legal victory for Gore and probably the right decision to protect right of the people to have their votes counted." "But," he added, "the long night of indecision has just gotten longer. The hope was that the Supreme Court decision would provide some finality and bring the nation to closure. But I have the sense it has opened a long legal morass, and put the election in the hands of the Florida legislature and possibly Congress." The speaker of the Florida House of Representatives said over the weekend that the legislature might exercise the option of naming the Florida electors if no final determination of the vote outcome had been reached by Dec. 12, the deadline for states certifying their electoral votes. Under a federal statute, the GOP-controlled legislature has that right--but Democrats are prepared to challenge any such action by the Florida lawmakers. Congress could become involved next January when it counts the electoral votes. A challenge by one senator and one representative would trigger a roll-call vote on both sides of the Capitol over accepting the Florida votes. DeLay, for example, has raised the possibility that Republicans could challenge Florida's 25 electors if Gore wins. My fantasy solution would be for Gore and Bush to cut a deal in which Gore concedes the election, Bush resigns to make Cheney President and Cheney then offers the Vice Presidency to Lieberman. That might have a nice effect on the markets.