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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (46671)1/19/2002 8:46:04 PM
From: Selectric II  Respond to of 65232
 
That piece looks to be not just biased, but extremist, to me. I started to address a few of its bald accusations and "points," but there are so many it would do injustice to address just a few, so I won't. You're invited to analyze it line-by-line for yourself.

Yes, the Enron failure is unfortunate, sad, and perhaps criminal, but from a political standpoint, it's a big ZERO -- and if I'm wrong about that, it's just as much Clinton's and 3/4 of Congress's as Bush's. Enron's rise and financial hanky panky -- requiring restatement of past years' earnings -- took place during the Clinton presidency. It was found out during the Bush presidency.

When anybody starts talking about Enron as, "...friend and spoiled child of the Bush administration...," they don't just lose my attention, but as far as I'm concerned, they (Mr. Camp and the Toronto Star) have entirely discredited themselves on the issue. Talk about bias!

<edit>

Hmm. Upon reflection, for starters: Bin Laden's rise also took place during Clinton's presidency, and we only suffered the consequences of Clinton's inaction during Bush's presidency.

Clinton's attack on Microsoft (perhaps the greatest productivity enhancer since the invention of the automobile) took place during Clinton's presidency, and we've continued to suffer the consequences during Bush's presidency.

Greenspan's indiscretions of raising interest rates through the roof took place during Clinton's presidency, and we've largely suffered the consequences during Bush's presidency.

Seems like Bush is doing a darned good job, especially given all the obstacles thrown in his way.