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Re[4]: [RT] One dummy down, more to go....



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Hello Kent,


Specifics are tough to come by in these cases.  Most of these guys and
girls are totally invisible, stand for nothing apparently and don't
command respect or attention.  To me that immediately disqualifies
them from world-class status as national leaders.

 Lindsay and O'Neill lack any shred of leadership. Neither is
articulate or particularly incisive--at least at the public level of
discourse. Perhaps behind closed doors they God's gift to economic
thought.  But if they can't generate confidence in the markets, public
or are completely invisible, they are unfit.  I personally would fire
Lindsay for his slovenly appearance.  Anytime he talks it is vacuous.
Nothing said, just cheerleading and obfuscation. The other top
ecomomist (can't remember his name) is the same.

O'Neill's claim to fame is setting safety records at Alcoa.  whoopie!
I didn't like Ruben's politics but at least he had a point of view
that was understandable and commanded attention and respect.  The
majority of the audience couldn't care less what O'Neill has to
say--except perhaps to be entertained by some gaff.

Tommy Thompson has shown himself to be misplaced.  He flubbed the
antrax scare at the start and never recovered.  No one looks to him as
source of knowledge, leadership on those issues.  I have heard no
coherent approach, guiding priciples, critique of the welfare, health
care, public health strategy of the administration.

Ridge is a no-show as head of domestic security.  He has been a figure
head at best.  Again no real plan, guiding priciples, effective
retoric from a bully pulpit etc.


Best regards,
 Jim Johnson                           mailto:jejohn@xxxxxxxxxxx

-- 
Friday, November 8, 2002, 8:43:07 PM, you wrote:

KR> Exactly what is so bad about W's economic team?  I would like to hear some
KR> specifics from Simms and Johnson.  Specifics.

KR> They got a massive tax cut though a Democratic Senate and they are working
KR> to make them permanent and enact some more.  They are working to privatize
KR> Socialist Security.  They are working to expand free trade.

KR> Those are positives.  What are the negatives?

KR> Kent


KR> ----- Original Message -----
KR> From: "Jim Johnson" <jejohn@xxxxxxxxxxx>
KR> To: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
KR> Cc: <realtraders@xxxxxxxxxxxxxxx>
KR> Sent: Friday, November 08, 2002 8:29 PM
KR> Subject: Re[2]: [RT] One dummy down, more to go....


KR> Hello M.,

KR> I do agree with you that W's domestic team, esp the econ team, is weak
KR> and ineffectual. I hope he cleans house for the good of the US and his
KR> administration.  But your assessment of there pressure on W is wishful
KR> thinking.  He is bullet proof for longer than 6 months.  The Pitt
KR> resignation would have had more political advantage for Bush had it
KR> been done the <day before> the election.  It would have shown W to be
KR> concerned about corp corruption and all that blather the libs spout.

KR> In my opinion W is perfectly situated for re-election.  Market has
KR> declined in first two years, rates get slashed.  year 3 of election
KR> cycle clicks in soon, maybe already.  market rallies into Nov, 04.
KR> Dem's will put Pelosi in as minority leader.   she will embarrass the
KR> Dem's every day.  Gray Davis will be a persona non grata by Nov, 04
KR> and W will attempt to retake California.  Dem's are already switching
KR> parties in the Georgia house. This looks to me like a replay of
KR> Reagan's reign--tax cuts, economy pops, deficit that doesn't really
KR> matter

KR> W's vulnerability is that the economy is so broken it won't respond
KR> normally or there's another terror incident that can be traced to
KR> missteps of his administration.

KR> that's my wishful thinking :)


KR> Best regards,
KR>  Jim Johnson                           mailto:jejohn@xxxxxxxxxxx



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