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To: Frodo Baxter who wrote (5798)	8/23/1998 6:16:00 PM
From: Mike McFarland	Respond to of 9980

Competition is as great as it has ever been in the industries sited at the head of that article. However, it seems not to adversely effect the economy here in the US. Here in Seattle, I am amazed every Sunday at the increasing length of the want ads. Post script to an earlier post--I should not have said that with luck Yeltsin will die. Although he seems to be an incompetent leader, I dread to think that one of the many Russian immigrants in my local area really loves the man. Some of these new Russian US citizens are kinda tough looking. Seem to be a lot out of the army or something. Probably not too many here on SI though. eom

To: Frodo Baxter who wrote (5798)	8/23/1998 6:20:00 PM
From: Brad Bolen	Read Replies (3) \| Respond to of 9980

RE: Krugman really displays his true colors here, refusing to allow the free market to operate freely because he doesn't like the results. And neither does anyone else with so much as an ounce of civilized blood in their veins. In your constant reminders that government has NO positive role to play in our lives, why not just boil down your Harvardspeak to: Government Bad/Me Good, Bunga Bunga. B.

To: Frodo Baxter who wrote (5798)	8/24/1998 10:44:00 AM
From: Robert Douglas	Read Replies (2) \| Respond to of 9980

Lawrence, The Barron's piece you quoted contained the statement: ''The revisionists' doom-and-gloom prophecies could not have been more wrong,'' Cato Institute researchers Brink Lindsey and Aaron Lukas conclude in a recent report. ''All their errors trace back to a common source: an inability to understand and appreciate the power of free markets. Don't you think this is being too kind? I would have put it this way: All their errors trace back to a common source: an intense hatred of free markets and an intellectual dishonesty that blinds them to reality. This has not been limited to the "love affair" with Japan that took place in the 80's. You have also had spells of infatuation with The Soviet Union, Sweden and the "European Model", all of whose heralded superiority has proved fleeting. I place a harsh standard on economists and writers. If their predictions fail then their thinking was wrong. This is the free market approach to economic theory. -Robert

To: Frodo Baxter who wrote (5798)	8/24/1998 11:08:00 AM
From: Lee	Read Replies (1) \| Respond to of 9980

Lawrence, "Looks like online trading is the next step in the free allocation of capital. Call it power to the people. Perhaps the revisionists now will be able to understand why a company such as E*Trade Group developed in America, rather than in Japan." Blasphemy...The financial community has taught me over and over that I am a dumb %$#^ and that I know nothing about what to do with my money. I am better off if I hand it over to the smart planners and let them invest it as they see fit. The financial planners are so much smarter than am I; were I to act as an independent agent I'll lose my shirt! Gee, that sounds familiar... Cheers, Lee