CLEAN UP YOUR ACT OR THE BULL GETS IT

New York Post ^ | July 9, 2002 | JOHN CRUDELE

[sarcasm]

July 9, 2002 -- A ransom note from the little guys to the business bigwigs who blew our life savings.TO: Wall Street, corporate and Washington fat cats.

From: Angry investors.

If you want your bull back alive, here are a dozen demands.

1. Stop playing us for suckers.

[sarcasm]

ping

[steve50]

I wonder why this DOJ hasn't filed any charges on Enron, they obviously set up off shore businesses with the purpose of hiding debt, clear case of conspiracy to defraud. Fastow has done it before. Maybe they're afraid if Kenny Boy goes down he'll tell what all those meetings with Cheney were about.

[rohry]

"Stop pushing the Dow up 200, 250, 300 points just because you can...We know Wall Street can push stocks up when, say, everyone is at the beach or paying attention to something else."

Are we referring to last Friday, maybe?

There was lots of irrational exuberance here on FR on a light trading day. Lots of people that wanted to "buy with both fists." I see that we are now back to where we were last Wednesday...

[rohry]

"Maybe they're afraid if Kenny Boy goes down he'll tell what all those meetings with Cheney were about."

I doubt it. There other people at those meetings that would have spilt the beans if anything fishy was going on.

Now the secret meetings with the Clinton administration (about power plants in India, etc.), they might contain some nuggets...

[sarcasm]

Happy days were here again.

[SteamshipTime]

We can enact every single reform Crudele calls for, but the only way to increase private sector wealth is to choke off government consumption and sell off government assets to satisfy $35 trillion in debt. The WorldCom and Enron executives are pickpockets compared to the criminals who rule us in D.C.

[Chess]

Thank you for saying what needs to be said. You made my day.

[sarcasm]

Looking for more cooked books? Try U.S. government

[wbill]

Whatta bunch of DU garbage. If you're stupid enough to bet the farm on Enron, WorldCom, et al, you get what you deserve. A Balanced portfolio has little to worry about - and a half-smart investor only looks at the long term anyway.

4. Give us stronger enforcement in Washington.

There needs to be a law against me investing my money unwisely! Big Government will save me when I do something stupid.....

5. Make George Bush Sr. and Jr. and Vice President Dick Cheney give up any profits they may have gotten from questionable trading or unfair contacts with companies. Politicians should not use their connections to enrich themselves.

I feel sorry for anyone that's truly bought into this argument. Many politicians put their money in blind trusts to avoid this very thing. Do we need to sling more mud? If so, let's start slinging some on Clinton, Bush Sr., Reagan, et al ad nauseum.

8. Stop pushing the Dow up 200, 250, 300 points just because you can.

It's called a free market. Deal with it.

10. Washington must do something about the economy.

Oh hep hep! Life's unfair! We need more laws against me losing money! See free market comment above.

State laws shouldn't undermine federal statutes.

No comment. None needed.

12. Finally: Give us an apology.

What do you expect them to say, "We're sorry you're stupid?" Pathetic. /rant off /sarcasm off

[kaktuskid]

And Daschle needs to give up his Homestake profits,McAullife his Global Xing profits,Kerry his Heinz profits,McCain his A.Busch profits...