[Grampa Dave]

Excellent essay/oped.

I would add one other critical time point in your time line.

When Jeffords came out of the Closet a year ago and joined the Tax and Spenders, Da$$hole, Hildebea$t, et al, their proposed spending increases and proposed increased taxes scared the hell out of investors on Main street and in Wall Street.

Go to any stock tracking service and look at a two year graph showing DIA, SPY, MDY and any other index. We were on the way to coming out of the 9/11 tragedy. Look at where the markets were and trending up until May 2002. Post Jeffords gave into the fear of higher taxes and more spending, and the markets came sliding down.

When Jeffords came out of the closet and joined the tax and spend dark siders, Wall Street investors and yours truly went back into the bond market.

We need 60 Republican Senators to clear the way in 2005 for more tax cuts, less spending on social welfare and the other positive things you mention.

In the mean time low interest rates, the new tax cuts and the elimination of the double taxation on dividends will be a big help.

[Capitalism2003]

"We need 60 Republican Senators to clear the way in 2005 for more tax cuts, less spending on social welfare and the other positive things you mention. In the mean time low interest rates, the new tax cuts and the elimination of the double taxation on dividends will be a big help."

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