Sunday Morning Talk Show Thread 13 January 2002

Various big media television networks ^ | 13 January, 2002 | Various Self-Serving Politicians and Big Media Screaming

[Alas Babylon!]

Guest lineup posted yesterday by FReeper dickmc.

[Torie]

Well, the excerpt does not state what percentage was in matching contributions, only the percentage of assets invested in the stock. So there might be no contradiction. But given the 89% figure, and the stock price action over a longer period as opposed to just the 10 days, is the statement false and misleading? Was Clinton ever false and misleading?

[Ganndy]

This Week threw their very best crap at the Bush Administration

Conversely did This Week ever throw their very best crap at the Clinton Administration??

I think NOT!!

Out

[Torie]

Good points. Other posters have helped me a bit with this. Isn't that what friends are for? :)

[Sungirl]

You say during those 10 days of lockout, enron stock fell 90 bucks?

this guy says this:
Moreover, he pointed out that the 401K was only locked for 10 trading days in October (employees had been notified about this change in February). During the lockout, ENRON fell about $3 to $4 per share.

and someone else said that 90% of the stco fell during August 2001 ...BEFORE they called the Bush Admin for help. Why so many differing opinions? What's fact?

[estrogen]

After Russert posted all the contributions from Enron, Evans talked about the biggest political donation Bush got was from some guy in Colorado for $38 and change.

Just once, I would like to hear after a chart of all the monies given to the Republicans by Enron, a chart put up showing what the unions give to the Dems. What's the difference?

[Torie]

You say during those 10 days of lockout, enron stock fell 90 bucks?

No, the article I cut and pasted said that. Please keep ME out of it, thank you very much.

Another posted put up a chart, which clarifies the matter. And another poster said that it fell 3 bucks during the 10 day period. 3 bucks, 90 bucks, a billion bucks, it is only money, and money is fungible.

[Wphile]

Yeah and she is raising money with Hillary's help. Remember when she said she was going to pay for her campaign out of only her own money? That way, she wouldn't be beholden to anyone. She also had her sweetheart deal from US Bank on the campaign loans. Washington State voters are such suckers.

[Howlin]

Kristol says Lieberman will make a very important military speech, tomorrow.

Well, considering how WRONG he was about what the Pakistan president was going to say, I'll be watching.

[RobFromGa]

to make the most money appearing on talk shows and selling opinion articles while masquerading as a Republican

Which talk shows and newspapers have you "sold" yourself too? I suggest you talk with them.

[Torie]

Good idea.

[PhiKapMom]

That's great news about what Brit got dingel to admit -- calling Rubin to testify! I love it!

[Howlin]

Brooks Jackson said only 11 percent were matched stocks.

[Howlin]

I understood that the stock was at $82 in January, and that when they frozen the accounts, it was at $13.

Do NOT make the mistake of thinking I understand this.......I am merely repeating facts I hear. I have said repeatedly my mother did NOT pass me the finance/economic/math gene. :-)

[calebcar]

Suggestion for those getting their gizzards in an uproar about O'Niell and Evans' performance on the morning talks. Read Good to Great by Jim Collins. Its a study of the factors that differentiate long term successful corporations from their mediocre counterparts. Leadership qualities are modesty, determination and long term defined focus. Charisma and dramatic action are negative correlates(think Lee Iaccoca and Carly Fiorina). The Bush administration has these qualities from the top down the line.

Qualities that make you memorable on Meet the Press are not those that make for great leadership. If the economy does well nothing Donaldson or Mcaulliffe say will account for piddle.

Think 1 do these guys have what it takes to keep the government from ruining the economy?

2Did anyone draw blood?

If the answers and yes and no relax and enjoy your Sunday.

[razorback-bert]

Bears repeating

, Roger Baldwin, the founder of the ACLU, who gave me a sense of how to effect political change outside the electoral political process--through the media and nonprofit world.

The non-profit is a bigger enemy than the media.

[MattMa]

I watched it, while I hate the politics of their clients that choose, their book sounded interesting. That being said, Wolf BSer during the whole show has been trying to frame all the debate to the guilt of the Bush Administration. I noticed that most of the talking heads focused on Enron, and not the President.

[razorback-bert]

	Enron Corp. 2-Year Historical Chart

	Last:	0.67			Change:	UNCH		Close on Friday, January 11, 2002.

	Open: n/a	High: n/a	Low: n/a	Volume: n/a
	Yield:   74.63%	P/E Ratio: 4.47	52 Wk Range:   0.25 to 83.00

[Wild Irish Rogue]

On Face the Nation, Liberman said "kudos to Evans and O'Neill for not interceding", but he wants an investigation into what actions could have been taken to prevent this from happening. On CNN, Carville and Begala were frothing-they want to investigate Bush's connection with Enron, during his terms as governor. Peter King was on fire against the Democrats trying to smear a Commander in Chief, during war time. He said he hopes they keep it up, as it will back fire on them.One of Ken Starr's deputy counsels- Bob(?) Bittman was quite good in defending the Bush administration for not interceding and then brought out some of the questionable connections with the Clinton administration and some sweet heart deals with Enron.

[Wild Irish Rogue]

Also-McCain,with his twin,on Face the Nation, blamed the Wall Street analysts- "that you see on talk shows" for hyping the stock. Who is he talking about-Neil Cavuto, Lou Dobbs, etc.??? He wants to call them to testify, as they are also culpable.

[Wphile]

The Wall Street analysts???? Good Lord. If Enron execs in cahoots with Arthur Anderson were cooking the books, how are they supposed to know? Everyone needs to get off the TV and shut up. It is obvious here that half the yahoos going off on this had no idea what they were talking about. All rumour and inuendo and a deliberate attempt to bring the president down. And the press is the biggest contributor of all.

Let the Justice department investigate the white collar crime of Enron execs and Arthur Anderson. Let the Justice department determine the remedy - may even make Enron execs pay some restitution to the 401(k) plan. Only that which relates to the employer contribution, however, I might add.

Get the politicians and talking heads out. Congress is going to screw with the 401(k) rules and really mess things up. Time for cooler heads to prevail.