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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (1595)	12/27/2000 9:48:19 AM
From: tradermike_1999	Read Replies (1) \| Respond to of 74559

I hope this isn't going to be like when they degegulated the cable companies and my cable bill doubled. Or when they degregulated California power companies and now there is an energy crisis. Or when Gramm helped degegulate the S&Ls and some of the worst scammers in history gave the American taxpayers a $500 billion tax bill. That's when the Clintons got in and frauded bunch of old folks by selling White Water property and the Bush network made millions milking Texans selling worhtless properties. But seriously - what are the proposals? How will they benefit us? What are the special interest groups pushing them and giving Gramm money?

To: H James Morris who wrote (1595)	12/28/2000 2:19:07 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

Hi James, Great news for the new economy. Surely you jest. <g> Most assuredly Gramm's efforts will be great news for the Wall Street crowd*. And lousy news for the retail investor, IMO. As far as the new economy goes.... I'm wondering where the contributors to SI fit in to this "brave new economy". Clearly we're viewed as expendable cannon fodder and sucka material by the more rabid purveyors of the new economy. JMHO, Ray *This year, Nasdaq investors have lost about $3.25 Trillion in market capitalization in the new economy sector of the public markets. That, sir, is a big number. But was the pain universal? Naw, Wall Street's best investment bankers are being forced to accept a 14% increase in their year end bonuses. Tell me more about how this "new economy" helps me. Please, I'm confused. <g>