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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?

To: Dayuhan who wrote (18249)	7/15/2001 1:04:15 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 82486

Maybe we should have stuck to the insults. I find it hard to disagree with your post. :-) Well, OK. Reagan may have been an old man, but he certainly wasn't boring. Remember "We start nuking the Soviet Union in 10 minutes." Now was THAT boring? Of course he turned out to be a prick, but don't they all? Oh come now. That's unfair. There must be one who wasn't. I think. And of course they overdid it - not just Clinton, the whole overspending, credit-dependent generation, consuming like mad people, saving nothing, driving markets to unsustainable highs, etc. Nothing new. Where were you when I needed you? I said similar things on some of the stock threads back then and practically got lynched. There are a lot of people who don't know a bubble when they're in one. (Of course, if they did, it wouldn't be a bubble, would it?) So now we have a much more complex, demanding situation, presenting a whole new set of risks and rewards. So far I'd say we're simply getting a return to sanity. After the heady wine we drink in the last decade, it feels like depression, but it isn't. If the current crew can keep things within 10%-15% of here, it won't be all that bad. They might even get re-elected! (Not that that is to be wished for). I'm not basically averse to seeing a more conservative administration, but I just can't believe this crowd is the best we could do. Amen. But when have we ever gotten the best? The compromises that must be made and deals that must be cut to get to the White House ensure that will not happen. I don't think Al Gore would have been up to it either. The electoral process failed us badly in more ways than one last time around, something I think can be reasonably attributed to complacency. We may all regret it soon enough. Complacency? Interesting. There was much heat, hatred, and anger in that last election- -mostly going in the wrong directions. And yet, in a sense, complacency makes sense. In bad times (such as may be coming in the post-bubble hangover), people don't particularly about politicians sexual escapades. They care about what those politicians are doing to get them a job.