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Home -> Community -> Mailing Lists -> Oracle-L -> RE: OT - How greenspan stolen this Christmas!
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Love it! Online reference?
-----Original Message-----
From: Scott.Shafer_at_dcpds.cpms.osd.mil
[mailto:Scott.Shafer_at_dcpds.cpms.osd.mil]
Sent: Thursday, December 21, 2000 12:01 PM
To: Multiple recipients of list ORACLE-L
Subject: OT - How greenspan stolen this Christmas!
The really scary/humorous thing is that Money Magazine compared the economy during different political party's tenures and found:
The economy did best: Democratic Executive and Republican Congress
" " " next best: Republican Executive and Democratic
Congress
" " " worse: Democratic Executive and Democratic
Congress
" " " worst of all: Republican Executive and Republican
Congress
Hardly scientific, and you couldn't really prove a correlation when you get down to the nitty-gritty, but it made for some fun reading...
Scott Shafer
San Antonio, TX
> -----Original Message-----
> From: Boivin, Patrice J [SMTP:BoivinP_at_mar.dfo-mpo.gc.ca]
> Sent: Thursday, December 21, 2000 7:51 AM
> To: Multiple recipients of list ORACLE-L
> Subject: RE: How greenspan stolen this Christmas!
>
> Just my opinion, but I wouldn't blame Greenspan for the downturn in the
> economy, it can't keep growing forever.
>
> Interesting coincidence, isn't it, that right after elections in the US
> and
> Canada, the economy slows down. Either they planned the election times
> that
> way, or people see elections as a sort of landmark, and they re-evaluate
> everything. And when people take a closer look at spending, usually they
> cut back for a while.
>
> For about a week I thought maybe the economic downturn was caused by
> people
> fearing the Republicans, but here in Canada the election didn't change
> anything and we see the same results.
>
> Re. the nasdaq, I vaguely remember a majority of stock brokers telling
> people that e-stocks were overvalued. I think even Larry Ellison said it.
> Very few people listened to them, because nothing happened for a while.
> Instead of seeing the downturn right away, it took about a year.
>
> One good thing out of this is that the IPO lure to get people to work for
> less money won't draw as many people from now on.
>
> Also, people might think a bit more before pouring their money into stocks
> without advice from a broker. Internet trading has made it very easy for
> people to ride the roller-coaster. Unfortunately when the roller-coaster
> is
> the stock market, when you hit those lows... well, you're out of money
> like
> someone standing in front of a slot machine.
>
> Oracle shares aren't dropping as much as the other ones, are they? Time
> to
> buy, perhaps, but don't take my advice I have no money. At least it saved
> me from the nasdaq plunge. Maybe if I sell my house, I could live in my
> car
> for a year, and next year I will be able to buy a bigger house!
>
> I suspect that the companies who actually produce something (not just web
> services) will prove more solid than the others, because the others are
> totally subject to people's whims. e.g. "Oh, forget about this portal
> site,
> this other portal site is much better now!" Same with search engines.
> Same
> with Internet shopping malls. Same with e-retailers. Hmm what does that
> do
> to their stability.
>
> : )
>
> This is my opinion and my opinion only, I generated this whimsical wisdom
> all on my own.
>
> Patrice Boivin
> Systems Analyst (Oracle Certified DBA)
>
-- Please see the official ORACLE-L FAQ: http://www.orafaq.com -- Author: INET: Scott.Shafer_at_dcpds.cpms.osd.mil Fat City Network Services -- (858) 538-5051 FAX: (858) 538-5051 San Diego, California -- Public Internet access / Mailing Lists -------------------------------------------------------------------- To REMOVE yourself from this mailing list, send an E-Mail message to: ListGuru_at_fatcity.com (note EXACT spelling of 'ListGuru') and in the message BODY, include a line containing: UNSUB ORACLE-L (or the name of mailing list you want to be removed from). You may also send the HELP command for other information (like subscribing). ------_=_NextPart_001_01C06B76.3BB31940 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"> <HTML> <HEAD> <META HTTP-EQUIV=3D"Content-Type" CONTENT=3D"text/html; = charset=3Diso-8859-1"> <META NAME=3D"Generator" CONTENT=3D"MS Exchange Server version = 5.5.2653.12"> <TITLE>RE: OT - How greenspan stolen this Christmas!</TITLE> </HEAD> <BODY> <P><FONT SIZE=3D2>Love it! Online reference?</FONT> </P> <P><FONT SIZE=3D2>-----Original Message-----</FONT> <BR><FONT SIZE=3D2>From: Scott.Shafer_at_dcpds.cpms.osd.mil</FONT> <BR><FONT SIZE=3D2>[<A = HREF=3D"mailto:Scott.Shafer_at_dcpds.cpms.osd.mil">mailto:Scott.Shafer_at_dcpd= s.cpms.osd.mil</A>]</FONT> <BR><FONT SIZE=3D2>Sent: Thursday, December 21, 2000 12:01 PM</FONT> <BR><FONT SIZE=3D2>To: Multiple recipients of list ORACLE-L</FONT> <BR><FONT SIZE=3D2>Subject: OT - How greenspan stolen this = Christmas!</FONT> </P> <BR> <P><FONT SIZE=3D2>The really scary/humorous thing is that Money = Magazine compared the economy</FONT> <BR><FONT SIZE=3D2>during different political party's tenures and = found:</FONT> </P> <P><FONT SIZE=3D2>The economy did best: Democratic Executive and = Republican Congress</FONT> <BR><FONT SIZE=3D2> = " = " " = next best: Republican Executive and Democratic</FONT> <BR><FONT SIZE=3D2>Congress</FONT> <BR><FONT SIZE=3D2> = " = " " = worse: Democratic Executive and Democratic</FONT> <BR><FONT SIZE=3D2>Congress</FONT> <BR><FONT SIZE=3D2> = " = " " = worst of all: Republican Executive and Republican</FONT> <BR><FONT SIZE=3D2>Congress</FONT> </P> <P><FONT SIZE=3D2>Hardly scientific, and you couldn't really prove a = correlation when you get</FONT> <BR><FONT SIZE=3D2>down to the nitty-gritty, but it made for some fun = reading...</FONT> </P> <P><FONT SIZE=3D2>Scott Shafer</FONT> <BR><FONT SIZE=3D2>San Antonio, TX</FONT> </P> <BR> <P><FONT SIZE=3D2>> -----Original Message-----</FONT> <BR><FONT SIZE=3D2>> From: Boivin, Patrice J = [SMTP:BoivinP_at_mar.dfo-mpo.gc.ca]</FONT> <BR><FONT SIZE=3D2>> Sent: Thursday, December 21, 2000 7:51 = AM</FONT> <BR><FONT SIZE=3D2>> To: Multiple recipients of list = ORACLE-L</FONT> <BR><FONT SIZE=3D2>> Subject: RE: How = greenspan stolen this Christmas!</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> Just my opinion, but I wouldn't blame Greenspan = for the downturn in the</FONT> <BR><FONT SIZE=3D2>> economy, it can't keep growing forever.</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> Interesting coincidence, isn't it, that right = after elections in the US</FONT> <BR><FONT SIZE=3D2>> and</FONT> <BR><FONT SIZE=3D2>> Canada, the economy slows down. Either = they planned the election times</FONT> <BR><FONT SIZE=3D2>> that</FONT> <BR><FONT SIZE=3D2>> way, or people see elections as a sort of = landmark, and they re-evaluate</FONT> <BR><FONT SIZE=3D2>> everything. And when people take a closer = look at spending, usually they</FONT> <BR><FONT SIZE=3D2>> cut back for a while.</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> For about a week I thought maybe the economic = downturn was caused by</FONT> <BR><FONT SIZE=3D2>> people</FONT> <BR><FONT SIZE=3D2>> fearing the Republicans, but here in Canada the = election didn't change</FONT> <BR><FONT SIZE=3D2>> anything and we see the same results.</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> Re. the nasdaq, I vaguely remember a majority = of stock brokers telling</FONT> <BR><FONT SIZE=3D2>> people that e-stocks were overvalued. I = think even Larry Ellison said it.</FONT> <BR><FONT SIZE=3D2>> Very few people listened to them, because = nothing happened for a while.</FONT> <BR><FONT SIZE=3D2>> Instead of seeing the downturn right away, it = took about a year.</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> One good thing out of this is that the IPO lure = to get people to work for</FONT> <BR><FONT SIZE=3D2>> less money won't draw as many people from now = on. </FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> Also, people might think a bit more before = pouring their money into stocks</FONT> <BR><FONT SIZE=3D2>> without advice from a broker. Internet = trading has made it very easy for</FONT> <BR><FONT SIZE=3D2>> people to ride the roller-coaster. = Unfortunately when the roller-coaster</FONT> <BR><FONT SIZE=3D2>> is</FONT> <BR><FONT SIZE=3D2>> the stock market, when you hit those lows... = well, you're out of money</FONT> <BR><FONT SIZE=3D2>> like</FONT> <BR><FONT SIZE=3D2>> someone standing in front of a slot = machine.</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> Oracle shares aren't dropping as much as the = other ones, are they? Time</FONT> <BR><FONT SIZE=3D2>> to</FONT> <BR><FONT SIZE=3D2>> buy, perhaps, but don't take my advice I have = no money. At least it saved</FONT> <BR><FONT SIZE=3D2>> me from the nasdaq plunge. Maybe if I = sell my house, I could live in my</FONT> <BR><FONT SIZE=3D2>> car</FONT> <BR><FONT SIZE=3D2>> for a year, and next year I will be able to buy = a bigger house!</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> I suspect that the companies who actually = produce something (not just web</FONT> <BR><FONT SIZE=3D2>> services) will prove more solid than the = others, because the others are</FONT> <BR><FONT SIZE=3D2>> totally subject to people's whims. e.g. = "Oh, forget about this portal</FONT> <BR><FONT SIZE=3D2>> site,</FONT> <BR><FONT SIZE=3D2>> this other portal site is much better = now!" Same with search engines.</FONT> <BR><FONT SIZE=3D2>> Same</FONT> <BR><FONT SIZE=3D2>> with Internet shopping malls. Same with = e-retailers. Hmm what does that</FONT> <BR><FONT SIZE=3D2>> do</FONT> <BR><FONT SIZE=3D2>> to their stability.</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> : )</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> This is my opinion and my opinion only, I = generated this whimsical wisdom</FONT> <BR><FONT SIZE=3D2>> all on my own. </FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>> Patrice Boivin</FONT> <BR><FONT SIZE=3D2>> Systems Analyst (Oracle Certified DBA)</FONT> <BR><FONT SIZE=3D2>> </FONT> <BR><FONT SIZE=3D2>-- </FONT> <BR><FONT SIZE=3D2>Please see the official ORACLE-L FAQ: <A = HREF=3D"http://www.orafaq.com" = TARGET=3D"_blank">http://www.orafaq.com</A></FONT> <BR><FONT SIZE=3D2>-- </FONT> <BR><FONT SIZE=3D2>Author: </FONT> <BR><FONT SIZE=3D2> INET: Scott.Shafer_at_dcpds.cpms.osd.mil</FONT> </P> <P><FONT SIZE=3D2>Fat City Network Services -- (858) = 538-5051 FAX: (858) 538-5051</FONT> <BR><FONT SIZE=3D2>San Diego, = California -- Public Internet = access / Mailing Lists</FONT> <BR><FONT = SIZE=3D2>---------------------------------------------------------------= -----</FONT> <BR><FONT SIZE=3D2>To REMOVE yourself from this mailing list, send an = E-Mail message</FONT> <BR><FONT SIZE=3D2>to: ListGuru_at_fatcity.com (note EXACT spelling of = 'ListGuru') and in</FONT> <BR><FONT SIZE=3D2>the message BODY, include a line containing: UNSUB =Received on Thu Dec 21 2000 - 11:48:31 CST
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