Skip to comments.Bush: A Democrat in Republican clothing?
Posted on 07/28/2002 6:24:02 PM PDT by LazamatazEdited on 07/12/2004 3:55:59 PM PDT by Jim Robinson. [history]
WASHINGTON, July 28 (UPI) -- When President Franklin Roosevelt, a member of one of the most wealthy and prominent families in America, was constructing the New Deal, which brought forth the Securities and Exchange Commission, strong banking regulation and labor protections, he was excoriated as a traitor to his class. Even one his own family members wrote him to complain.
(Excerpt) Read more at washtimes.com ...
Welcome to Kansas, Toto!
No, he is just a 'third way' politician in a business suit. A nice guy, though.
Yeah, and we all know how well those dot.coms have done, huh?
I don't pretend to understand all the ins and outs of what has transpired with this stock market, but I do know that unless and until the confidence of the average person in the management, reporting and oversight of companies returns, it will be a long slow climb out of this. Investors have been shaken to their bones by the deception practiced by a few large companies, but because of those few, most stocks suffered, and as a result folks lost earnings and retirement funds.
As a comment on the article itself, I believe Pres. Bush has in mind the reorganization of Govt. in order to rein in some of the bloat that has been created over the years. He won't be able to do it overnight, or even in year or two. It is my understanding that the new Dept. of Homeland Security will pull together and replace several agencies which had been charged with the protection of the nation, but were sometimes working at cross purposes with other agencies. It is my understanding that those other agencies will be closed, thus ending those costs and they will be absorbed in to the new dept.
Why do people regard "market capitalization" as a number that means something? If a company sells 100,000 shares at $10 each, someone sells 100 of those shares for $100 each, and that's the last trade of the day, the company's "market capitalization" is $10,000,000 (100,000 shares times $100/share) even though investors only put $1,000,000 into the company. There is also no way that investors, on a whole, could get anything close to $10,000,000 out of the company (some might get more, but only if others lose money). What, then, is the meaning of the $10,000,000 "market capitalization" figure?
Let's look at what a democrat really is. A democrat says one thing just to get votes and then does another to enrich himself. A democrat used to stand for the little guy. Now, a democrat gives the same speech but generally will do anything to stay in power and that includes screwing the little guy. I don't know what democrats stand for except money and power. This does not describe President Bush.
One would hope that would happen. In reality, though, government programs almost never go away.
Yep, hide the ball. We don't want honest numbers reflecting the real economics to get in the way of dotcomers or other high tech types raising capital. Of course the jig is up anyway.
Yeah, yeah. And if the stock market turns up (even if only slightly, as it has begun to do), the writer of this editorial will be wiping egg off his face and the cowardly Republican senators will be saying how smart George W. Bush is.
If Bush is such a Democrat, why are the Democrats attacking him?
It is neither less nor more meaningful than folks' 401(k) balances. They couldn't all cash-out and expect to get the dollar figure in their quarterly statement.
You are soooo in trouuubllleee....
Not even close.
Quite a few people called Clinton the best president the Republicans could have had. Do you agree?
This should send chills down the spine of every investor, conservative, and capitalist. Our trust may be misplaced, after all.
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