Stock Shock

by: Jenni Vinson
March 22, 2001

The Stock market has been on a downward spiral since Al Gore decided to hold the country hostage while he tried to overthrow the Presidential Election rightfully won by George W. Bush.

The length of time Gore opted to pursue this selfish endeavor and the uncertainty that came along with it is what caused this market to get skiddish and eventually tumble to the state it is in now.

A flourishing economy was the very cornerstone of the Gore campaign. They insisted that morals, ethics and character did not matter because Americans had money in their pockets. Ironically, it is the Gore campaign that is responsible for the loss of money from American�s pockets now that the market has plummetted.

Going a little bit further back into recent history, the Clinton Administration inisited for eight years that all their scandal woes did not matter and that they resented being scrutinized because it was all about �the economy, stupid� (as phrased by Clinton friend and campaign manager, James Carville)

Well now it is Pardongate that has captured the limelight when America should be concentrating on what this new administration is doing and once again, a Clinton scandal is proving to be very costly.

The more dirt that come up from the Pardon scandals the more it buries public confidence in the government. It perceived as being �politics as usual� and no one expects that anything is really going to be done about what may be crimes. This erosion in confidence carries over into this economic scenario in that the public perceives that the government will not be capable of rescuing this faltering market.

After the Presidential election was decided once and for all, Democratic operatives suggested that they would �scourch the Earth� and leave the Republicans with a disasterour economy to contend with so that Bush would not be able to accomplish his campaign promises of lowering and rebating taxes. These Democrats wanted to ensure his failure and to ensure that Bush would be a one-term president allowing for Democrats to regain this top seat of power in four years. Americans seem to be a state of stock shock. No one seems to be willing to accept that perhaps the money they had acrued may be gone. They sat back and allowed the market to grow their portfolios and now, as this money was all digital to begin with (it is numbers on a computer screen and not cash in their hands), no one seems to making a rational assessment of this loss. This is a very GOOD thing!

Confidence in the market remains high. Americans believe that the market can and may fall further, but that it will bounce back up.

They also believe that Federal Reserves Chairman, Alan Greenspan is in a phonebooth somewhere in Washindgton D.C. putting on his SuperFed suit as we speak. Spandex is tough to manage at his age, so it�s taking him a bit to get going, but he is on the way and he will single-handedly pick up the market and carry it to a place of safety and nuture it and reestablish it�s growth.

What Greenspan should do while he�s in SuperFed mode is pick up all these political operatives who are getting in the way of America�s prosperity by talking down anything the opposition tries to do to help. These exist in all the political parties. It is definitely time for a tax cut. Contact your representatives and encourage them to vote for a retroactive tax cut that will put money in the hands of Americans by mid-summer- money that will return to the economy as Americans buy things they need.

That injection of cashflow is just what this ailing market needs. A couple of prayers would not hurt either!

We need to encourge our representatives to reign this market matter in so that we can get to the other stuff on our agenda:

-energy and it�s immediate development so that California can continue to be productive and so that gasoline prices across the nation will be lowered.

-The safety and security of our nation�s cattle against the onslaught of disease that is being found abroad. Thier livestock is being destroyed to keep the disease from spreading. America needs to be prepared to meet the needs of that market for beef and or healthy livestock after thiers is gone.