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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (57226)	12/15/2004 3:25:05 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<But in neither case are the leaders merely bowing to public pressure. They are leaders, after all. ;) Or in the case of America, world class liars, schemers and thieves> Ray, at least in the case of the USA, the electorate selected the "leader" by way of most of the voters choosing that one. It's never-ending fascination to me that the public continually votes to be state serfs, and they do it to a greater or lesser extent in all democracies. Somewhat like turkeys voting for an extra Thanksgiving in the year. Atavistic instincts die hard. India voted to stay poor for half a century after they kicked the British out and are still doing so. New Zealand was third richest country on Earth for a while a few decades ago, but has voted steadily for a more stalinist and poorer approach to life other than during a brief breath of fresh air in the mid 1980s, terminated by financial disaster [due to greedy borrowing for speculative capital gains] and a burgeoning welfare state full of bludgers and criminals. Democracy doesn't necessarily mean a good outcome. Mqurice