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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Peter Ecclesine who wrote (30953)	8/13/2009 12:57:41 AM
From: Frank A. Coluccio	Respond to of 46821

As relates to the regulatorium, does the phrase "scorched earth" sound familiar to anyone here? I've contemplated how a controlled shut down and concomitant, scaled down 'slide-in' alternative might be effected. My best estimate for the change out was something like four or five years. I actually started writing a treatise on the subject at one point. And then I was awakened when the alarm clock went off to the tune of 'It's A New Day'. Now I realize that it's probably best if I return to sleep and pick up where I left off. ------

To: Peter Ecclesine who wrote (30953)	8/13/2009 1:40:06 AM
From: axial	Read Replies (1) \| Respond to of 46821

Hi Peter - I haven't read Kushnick's piece, but I'm pretty sure I'd agree with it. A couple of months ago, the New Yorker commented (paraphrasing, here) that Obama is a great respecter of traditional institutions, not a boat-rocker. I was unsure whether the column was an explanation or an apology. Particularly with respect to reforms in finance and economics, one emerging sentiment is that he's been captured by the forces that created the present crises. Supposedly capture is demonstrated in staffing choices such as Geithner and Summers. Capture seems extreme, but in several areas including telecomms the thinking seems to be: let the legislators and stakeholders work it out, and spend the money the way they see fit. That's it. One can think of many administrations, Democrat and Republican, where the White House had an agenda, a distinct policy, actively prosecuted by staff through every step of execution. That does not seem to be the case with this administration. Jim