VCF 5.0 on the verge of being cancelled :(

From: Richard Erlacher <edick_at_idcomm.com>
Date: Mon Aug 20 14:44:07 2001

The Pres. does have quite a bit of influence on the market, and the market is
the reason the economy is in the toilet at the moment. This particular
president seems to be tailoring his actions to the fact he's going to take after
his old-man and serve only a single term. In the meantime, he's routing as much
cash to Texas as he can. I'm surprised the media haven't picked up on this.

Nobody should have been surprised that the high-tech market tanked once
saturation of the hardware market was reached, and once the market geniuses who
pumped up the "DOT-COM" stocks finally figured out they'd been fooling
themselves. The Clinton administration was able to forestall the correction yet
to come, however, and the market, in several sectors, is WAY overvalued. I
don't have much in stocks any more, having moved to greener pastures. I'd not
be surprised to see a more general correction on the order of 75% downward in
many market sectors, and unemployment figures into 20%+ for a decade or so. If
you're into trading, I'd say look for issues that you can sell short.

You're right in that the Pres can't FIX the economy overnight, but he can surely
wreck it in a day or so.

Dick

----- Original Message -----
From: "Chad Fernandez" <fernande_at_internet1.net>
To: <classiccmp_at_classiccmp.org>
Sent: Monday, August 20, 2001 11:42 AM
Subject: Re: VCF 5.0 on the verge of being cancelled :(


> George Bush doesn't have anything to do with the economy being down.
> The Economy started downwards before he was even in office. He didn't
> ruin VCF for you, either. The president doesn't magically change the
> economy over night.
>
> Chad Fernandez
> Michigan, USA
>
>
> R. D. Davis wrote:
> > Darn.... the George dubya Bushbooger strikes again, screwing something
> > else up; this time the economy, and hence the VCF as a result, just so
> > he can take credit for strengthening the economy some time from now.
> >
> > Yet another example of childish politicians playing games with people's
> > incomes and lives, just for the sake of playing their childish game of
> > politics, with the goal of winning at any cost. Hopefully one day
> > we'll get some people with at least the intelligence of mentally
> > retarded monkeys to inhabit the Whitehouse... well, one can hope
> > anyway.
>
>
Received on Mon Aug 20 2001 - 14:44:07 BST