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

To: Bosco who wrote (8144)	11/22/2000 6:18:53 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

Hi Bosco: I've worked on two separate pieces of state tax leglislation where I was the industry sponsor. I was the lead technical representative for one company and there were other insurance companies involved. I can state clearly in both cases the only ones that knew what was in the statute was the industry technicans and the treasurers and state tax representatives (diferent each time). The lobbiest, leglislative committee's (who we met with, tax one time, insurance both) house of representatives really didn't know what they were signing off on. 99% of the work is lining up the right people to support your position. I spent a lot of time @ the state leglislature just waiting to meet with the right representative. In both cases the industy wrote the statute, the state department representives (treasury one time, tax the next) had thier input, it was explained to the leglislative committes, had a public hearing and then voted on by the state senate and house. Now on the leglislative side the votes against in both instances were political (one senator always voted against the insurance industry efforts) and the rest of the leglislature just went along with the committee (if their party was opposed it would have died in committee, one of the bills took a few years to pass until we had enough votes in committee and Republican controll of the Senate) and the Governor signed off. I can state our Governor never knew the details of what he was signing, just that it wouldn't hurt him politically & would help preserve jobs and that the industry owed him one down the road. As for what Bush knew who knows. Tim

To: Bosco who wrote (8144)	11/24/2000 9:27:53 AM
From: Sabrejet	Read Replies (1) \| Respond to of 30051

*OT Bosco, I think that the events over the last two days will give better insight as to why I feel the Texas law, if ever challenged, could be overturned. The SC's decision citing the Illinois case looks quite amateur and raises many questions as to what the court was doing with all those staff "clerks" when researching and developing their opinion. I cite many other states that completely ban the "assumed" voter intention angle. Hanging chads etc... are considerred a no vote. Do we both agree that the bottom line is, read the instructions and vote with effort?! Don't be careless because, this is indeed an important issue. Lives could depend on it! Sabre!