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Author: Lokicious Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10416  
Subject: Re: The Pitt and the Pendulum (not swung with) Date: 10/8/2002 3:12 PM
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Gee Bill,

And it just so happens, my 403b has been with TIAA-Cref (well, duh!) and, after an earlier bout of "wisdom," everything else (other than cash and savings bonds) is, and will remain, with Vanguard (except my small portfolio of VC stocks at Ameritrade, and I'll probably be moving that to Vanguard brokerage, too, since it's just going to sit for a long time in the hope one of these puppets becomes a real live boy).

I still find the resistance by Bush and others of his camp to aggressive reforms to restore credibility to investing incredibly ironic, and enormously short-sighted. If participation in the stock market returns to the traditional small proportion of the population, because those who cannot afford to take the risk or who see the whole thing as a scam punt, "supply-side" tax and spending policies, which are these folks whole economic enchillada, go down the tubes (sorry about the mixed-metaphors).
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