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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (4773)	4/27/1998 1:43:00 AM
From: Joe Btfsplk	Read Replies (2) \| Respond to of 42834

Skeeter, there's a lot of bugs (forgive that one, OK?) in getting from here to there, and you've noted some of the difficulties specific to the USA. Suspect you an I, and many others, want to reach the same end. It won't get done cleanly and in a fell swoop, so that leaves a lot of room for differences about how to proceed. I mentioned the Douglas article on strategies necessary. I have it in print and might post a link if I can find it on the net. Leaving out the flesh, his ten first principles provide a starting point for thinking about the problem, including: 1. For quality policies you need quality people 2. Implement reform in quantum leaps, using large packages. 3. Speed is essential. It is almost impossible to go too fast. 4. Once you build the momentum, don't let it stop rolling. 5. Consistency + Credibility = Confidence 6. Let the dog see the rabbit (electorate has to understand the potential rewards) 7. Never fall into the trap of selling the public short. 8. Don't blink; Public confidence rests on your composure. 9. Incentives and Choice vs. monopoly - Get the fundamentals right. 10. (paraphrasing) When the fan gets hit, ask "Why am I in politics" Believe these are very similar to what Havel partially used in Czechoslovakia with limited success and, further, are distilled largely from suggestions by Friederich Hayek. We're talking Gordian knot and my illusions of knowledge lead me to rely on a successful executive from outside the political sector to imperfectly start toward the best possible reasonable results. However it plays, I hope at least the kiddies will (mostly) win.