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To: Lazamataz
no less a supply-sider than Jude Wanniski sent a warning to House leaders that forcing firms to report stock options as a business expense, where the investors would see it, would have chilling effect on the entrepreneurs who built the boom of the dot.coms.

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.

6 posted on 07/28/2002 6:35:10 PM PDT by SuziQ
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To: SuziQ
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.

One would hope that would happen. In reality, though, government programs almost never go away.

10 posted on 07/28/2002 6:42:25 PM PDT by supercat
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