SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Rascal who wrote (2727)7/20/2002 12:11:03 PM
From: stockman_scott  Respond to of 89467
 
time.com

btw, its difficult to determine how our leaders spend their time...you're asking the right questions though...=)



To: Rascal who wrote (2727)7/20/2002 1:56:33 PM
From: stockman_scott  Respond to of 89467
 
ALL INVESTORS READ PLEASE

To:Dave Gore who wrote (9726)
From: doribee88 Saturday, Jul 20, 2002 9:49 AM
View Replies (1) | Respond to of 9737

Dave...I think you and others on the board would really enjoy Bill Moyer's program this week. I saw it last night, but maybe it'll be repeated for it's on PBS.

John Bogle, described by FORTUNE Magazine as one of the investment industry’s "four giants of the 20th century," joins Bill Moyers to talk about the crisis of confidence in corporate America. Mr. Bogle founded The Vanguard Group in 1974, which he then grew into one of the two largest mutual fund organizations in the world.

pbs.org

Anyway, I really liked what he had to say. I'll try to do a summary, but I didn't take notes so might not get it all just perfectly correct. Basically, he said the way to clear up much of the problems with corporate fraud can be from:

- a public outcry
-stiffer jail time in a non-coutry club type jail
-major institutions doing the 'right thing' for it's the ethical way for them to behave.

He went on to say that 75 institutions control 40% of the market and that they should be the ones to work together to restore public faith in these companies. He also said that these institutions contribute heavily to fund raising for members of congress and that it's the best investment return you can get anywhere...suggesting it could be around a 300% return.

Anyway, wish I could remember more. Just know it was excellent, imho, and think people interested in the market would benefit from seeing it.

*****

TAKE ACTION -- Don't just complain. Anybody can be a whiner, take action and make a real difference.

E-MAIL THESE ORGANIZATIONS AND PEOPLE
1) Your State Senators
senate.gov

2) Mr. Levin's website, head of the Senate Subcommittee dealing with these things:
levin.senate.gov

3) SEC website: sec.gov
4) NASD website: nasd.com
5) Wall Street Journal: wsj.com
6) CNBC website: cnbc.com
7) Dept. of Justice: doj.gov

Anybody else you can think of...your local newspaper, etc.



To: Rascal who wrote (2727)7/20/2002 4:11:00 PM
From: jjkirk  Respond to of 89467
 
Out here on the left coast, we have the same question about Gov Davis....and I wondered the same think about the Clitonian era....It is sad when the vagries of a relatively few high rollers in the engines of progress and change, the large corporations, that provide individuals of all stripes access to wealth, insulate themselves from the common man by grabbing more from the pot than probity and honor would allow....jj



To: Rascal who wrote (2727)7/20/2002 6:34:46 PM
From: MrLucky  Read Replies (1) | Respond to of 89467
 
About ten percent less than WJC. LOL



To: Rascal who wrote (2727)7/20/2002 6:56:24 PM
From: Ish  Read Replies (1) | Respond to of 89467
 
Is there any way to determine how much time Gw. and Cheney spend on, yes.
0% Vacation
0% Campaigning (with taxpayers footing bill)
100% Working on the people's business?