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To: pater tenebrarum who wrote (47575)12/14/2000 11:00:25 AM
From: marginmike  Read Replies (1) | Respond to of 436258
 
I think Volitility does dry up at bottoms and is extreme at tops.



To: pater tenebrarum who wrote (47575)12/14/2000 11:04:50 AM
From: Box-By-The-Riviera™  Read Replies (3) | Respond to of 436258
 
As the world turns it eyes to Bush and sends him maps with big arrows

Thursday December 14 8:06 AM ET
Europeans Say Bush Must Now Prove
Legitimacy

By Matthew Tostevin

LONDON (Reuters) - Europeans told George W. Bush (news - web sites) on
Thursday that after sealing his U.S. election victory in the courts he must now
prove his right to wield authority at home and in the rest of the world.

``The slenderness of his triumph will cast a shadow over his political
legitimacy,'' commented Britain's Independent newspaper.

The newspaper said Bush must reach across party lines to unite a country
which actually cast more votes for Democrat Vice-President Al Gore (news -
web sites), who conceded defeat on Wednesday after a Supreme Court ruling
ended more than a month of legal rancor.

``At the end of its labyrinth, America finds itself with a president it did not
elect. George Bush the younger has won the White House once occupied by
his father without in truth winning the election, but by being led there, hand in
hand, by the justices,'' said Italy's La Repubblica.

``From today he must begin a campaign to justify his victory which is more
legal than real, and to put a halt to a decline in the status of the American
presidency,'' it said.

Britain's left-wing Guardian dubbed the 5-4 Supreme Court ruling that sealed
Bush's win as illegitimate.

``This narrowest, meanest of results leaves Mr. Bush without a clear mandate,
without momentum, and with very little authority. There will be no honeymoon
for him. It is hard to imagine a less auspicious start to a presidency,'' the paper
said.

France's Le Figaro said: ``George W. Bush will enter the White House chosen
by the judges rather than the majority of Americans.''

``But the question now is not to know if George W. Bush was elected or not. It
is rather to measure the power and authority that the new president can exert
over such a divided country.''

Many in Europe remain unconvinced that the nature of Bush's victory will not
affect his authority, despite Gore's assurance in his speech to accept defeat.

``The new president will see his room to maneuver somewhat diminished
domestically,'' German Chancellor Gerhard Schroeder's U.S. policy adviser
Karsten Voigt told Reuters.

``But not only because of the polarized battle over the election. It will also be
because of the tight majority in the house and senate. It will be extraordinarily
difficult domestically to push measures through congress. But in foreign policy
he still has a lot of possibilities.''

JOKES APART, DOES BUSH CARE?

Berndt Ostendorf, a political scientist at the University of Munich, said he
expected European leaders like Schroeder and French President Jacques
Chirac to be cracking jokes about Bush's election for years to come.

``But it will not affect the professional relationships... Once the advisers and
professionals behind the stage have been established, there will not be a loss of
legitimacy but rather a mood of business as usual.''

As official telegrams of congratulation whizzed out after more than a month on
ice, some Europeans were asking not only whether Bush really cared about
their continent but even whether he had much idea what was going on there.

Some European diplomats have been worried by a call from Bush's top national
security adviser, Condoleezza Rice, for U.S. troops to pull out of NATO (news
- web sites) peacekeeping forces in the Balkans, though Bush has said he
would not act without consulting the allies.

The European Union (news - web sites)'s foreign policy chief and former
NATO secretary-general, Javier Solana, said it was vital to keep close ties
between Washington and the 15-nation bloc.

``A close transatlantic partnership has over the years proved itself an essential
factor in the promotion of human rights, democratic values, security, stability
and prosperity in the world,'' Solana said in a statement.

``We need to continue the existing close cooperation if we are to be successful
in securing these, our common interests and values.''

Some Russian officials said it would be easier for Moscow to deal with a
Republican administration not subject to second-guessing from a hostile
right-wing Congress.

``The Democrats left much shrouded in fog. Sometimes Russia was a friend,
sometimes it represented a threat,'' Gennady Seleznyov, Communist speaker of
the State Duma lower house of parliament, told reporters.

``Under the Republicans, this won't happen. We know which aspects of foreign
policy suit them and which ones don't.''

Danish Foreign Minister Niels Helveg Petersen said he was convinced the new
president would ``continue to pursue an active U.S. foreign policy'' and that
America would ``still be willing to step in with the necessary means when
international crises require it.''

But Britain's mass circulation Mirror tabloid lampooned Bush for alleged
ignorance of world affairs, notoriously displayed when he could not give the
names of some foreign leaders in a surprise quiz during a television interview
last year.

``Bush, who's been abroad only twice -- both times to Mexico, is now the most
powerful man in the world,'' said the Mirror.

Splashed on the front page was a picture of a section of the earth from space
with an arrow pointing to Britain and the headline: ``Congrats on becoming the
president... P.S.: We are here.