Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jmstein7
I don't buy much P&G, our Penney's went out of business, I ate at MicKie D's tonight, but won't in the near future after seeing this, can't afford Cadillac, don't need Kodak, won't need HP, we just got a Home Depot last month - won't be going there now, and Clinton's marlet bubble cleaned out my investments, so I don't need Schwab.

BTW - I was down to near zero in my stock portfoplio before Bush was ever declared the winner. My $180,000 in Mar. 2000 had shrunk to about $10,000 by late November. They were admittedly mostly high-risk stocks, but the rampant fraud that was allowed in those times ABSOLUTELY caused me ALL of the mentioned losses.

22 posted on 02/16/2004 3:50:27 PM PST by RightthinkinAmerican (Try and tackle ME, Franken.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: RightthinkinAmerican
but the rampant fraud that was allowed in those times ABSOLUTELY caused me ALL of the mentioned losses.

Ever notice that point is NEVER made on the lamestream media. They actually try to make it seem like the excesses of the late '90s were Bush's "rich oil friends". No it was Bush who had to clean up that mess. They also stress how Enron execs went to the White House for special help, but they forget to mention that they didn't get any special help. We all know from 8 long years of X42 that when his big donors came for special favors they didn't leave empty handed. And they have no trouble linking Cheney with Haliburton (on a daily basis), but are incapable of linking McAwful with Global Crossings. Hey, NO BIAS there.

I hate to go off-topic but have you ever noticed that California's energy problems were not caused by their refusal to build any generation plants in the last 15 or 20 years? Or their lame "deregulation" plan? No, it was caused by...altogether now..."Bush's rich oil buddies".
26 posted on 02/16/2004 6:59:41 PM PST by JayNorth
[ Post Reply | Private Reply | To 22 | View Replies ]

To: RightthinkinAmerican; JayNorth
22-"BTW - I was down to near zero in my stock portfoplio before Bush was ever declared the winner. My $180,000 in Mar. 2000 had shrunk to about $10,000 by late November. They were admittedly mostly high-risk stocks, but the rampant fraud that was allowed in those times ABSOLUTELY caused me ALL of the mentioned losses."

It sounds like the y2k bug got you. Most have never figured this out, but for y2k, the US computers were reputed to be the best prepared in the world. So, foreign countries poured their money into US stocks in 1998-1999, often into unwise investments and companies which had no product. Gigantic sums, driving the US stockmarket up in that 'exhuberance' (mis-attributed to xlinton economics).

When 2000 came, and the bugs did not appear (in any great number), the last time they needed to prove it was gone was the end of the first quarter of 2000. They started pulling their money back, and the stock prices collapsed.

Good point about California oil prices and not building any power plant JayNorth.

Like the y2k problem, the media got them both wrong, missed it, or covered it up.
30 posted on 02/17/2004 9:52:21 AM PST by XBob
[ Post Reply | Private Reply | To 22 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson