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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: lurqer who wrote (37585)2/10/2004 7:45:51 AM
From: lurqer  Read Replies (1) | Respond to of 89467
 
Stocks' primary concern

On another Democratic primary Tuesday, the presidential election could be among the factors weighing on U.S. stock markets amid signs that a Bush-Kerry race may be closer at hand.

At 5:35 a.m. ET, futures pointed to a mixed start for the major indexes.

John Kerry could take a significant step closer to the Democratic nomination with victories Tuesday in Virginia and Tennessee. Wins by the senator from Massachusetts in those states would deal a serious blow to the candidacies of two Southerners, Sen. John Edwards of North Carolina and retired Gen. Wesley Clark.

Meanwhile, President Bush is taking the initiative in defending his record in the White House. In his budget report Monday, the president said he expected 2.6 million jobs to be created in 2004 as his economic policies wipe out the decline in jobs over the past three years.

The securities markets generally favor the incumbent, and polls showing a tight race between Kerry and Bush could be cause for concern.

"The markets are getting a little nervous," said Hugh Johnson, chief investment officer at First Albany. "On balance, investors want to see this president and the tax cuts preserved."

The Dow Jones industrial average started the week with a 0.1 percent decline, while the Nasdaq composite index slipped 0.2 percent (see chart for details).

Asian-Pacific stocks ended mixed Tuesday, with Tokyo's Nikkei index down 0.4 percent on weakness in tech issues. European markets opened lower. (Check the latest on world markets)

Among U.S. stocks trading in Europe, Walt Disney was slightly lower. The board of the media company defended chairman Michael Eisner, the target of an ouster campaign led by former vice chairman Roy Disney.

Treasury prices were steady, the 10-year note yield standing at 4.05 percent. The dollar weakened against the yen and euro.

Brent oil futures gained 14 cents to $29.06 a barrel in London, where gold was solidly higher.

money.cnn.com

lurqer



To: lurqer who wrote (37585)2/10/2004 4:11:34 PM
From: elpolvo  Respond to of 89467
 
lurq- re: "Digital Democracy"

that's exactly what i was supporting - it wasn't howard.
he was just the only candidate accidentally using the net
correctly.

interesting that his bubble burst just like the
dot com boom. but even though the hype is gone, the
archetype is not. its still there. its a little bit
faster machine than people can handle at this point
and it's scary for traditionalists... but it's so much
more powerful and productive it can never again be ignored.

the dot com bubble is burst but show me a business that
doesn't use the network architecture in one way or
another to increase business and productivity. if
they don't - they won't be able to compete or survive
much longer.

it takes a couple of generations for the traditionalists
to die off and for the new ideas to be accepted. give
it twenty more years and watch the miracle of "business
and government at the speed of thought" and "innovation
powered by collaboration".

what the hell are we doing with a handful of rich old
fogeys with 19th century ideas holding the reins to our
government? what a bad joke to start off the 21st century.
may they age rapidly and pass on to the pages of history
books as examples of the LAST small band of greedy
criminals ever to succeed at manipulating the masses.

the event that has changed the world forever has
already taken place and NO... it wasn't september 11, 2001.
it was the birth of the digital network.

soooo... digital democracy is born. it's a model in search
of a facilitator - it doesn't NEED a leader because the
direction and power comes from the edges of the net. we're
all co-leaders, co-owners and co-habitants of this planet.
who will step up into the facilitator's role and throw us
the first task to take on? (and FWIW, sending a man to mars
is not the task at hand, unless the man to be sent is
george w. bush - he looks smart in a flight suit.)

if howard will facilitate his people powered net to
oust GWB - it will be a worthy task indeed. and if,
like he says, it isn't him running for president it's
us - then he can turn us straight toward the task
of assuring no re-election and forget about personally
persuing the democratic primary nomination.

some things are more important than being president.
facilitating the digital democracy network is one of them.
or maybe trippi will do it. i already sent him the message.

-JMHO2