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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: portage who wrote (8914)	2/16/2003 2:48:47 PM
From: edward miller	Read Replies (2) \| Respond to of 306849

OT OT OT No I don't support the tariffs. ** Personal rant follows. ** On the subject of the shrub not doing what is good for this country let me say this- 1. The problems we have now are directly attributable to the excesses of the '90s, and in case people have already forgotten, Clinton was president until January 2001 - long after the bubble burst. 2. I do not blame this all on just Clinton - both parties are so guilty of setting up the scenario that it just makes my blood boil. The Republican Congress pushed for less oversight of business and the Clinton Administration looked the other way. All the tax games that you read about (at Enron for example) occurred during the Clinton administration's watch. The only way this could have happened was with the IRS looking the other way. Do not forget that the administrative branch of government - not the legislative - has all responsibility for carrying out the laws of the nation. Blaming Congress for laws is only the beginning, and it is definitely not an excuse for any Democrats. The Clinton Administration still was in charge of agencies responsible for having business adhere to the law. 3. The reason companies reported such great earnings starting in 1994 was they were lying. The great market run starting in 1994-5 started as soon as companies with crooked management figured out just how to cook the books based on the new tax laws - with assistance from Arther Andersen and others. The IRS had to be looking the other way for this to have grown into the total disaster we are now forced to deal with. 4. Washington is so corrupted we have lost our real government. Let me say that again with different words - we have been deserted by our government. 5. Corruption on Wall Street and in Washington is to blame for the mess we are in today. 6. I HATE Bush's fundamentalist ideologically-based administrative actions, but to blame him because one doesn't like him is wrong. Are there no people of real principle left in this country in high places? 7. Where is the so-called 4th branch of government? Does anyone even recall anymore who that is? Ed