Johny Walker Scotch,letting the kids go naked ,simply Rather not

September 20, 2004

Hello,

Staying on message with their new social agenda the Kerry campaign’s new focus is best illustrated with Teresa Heinz Kerry’s pronouncement, “let the kids go naked for a while”. I have one question, why are the people most likely to go naked always the people who should lest likely do so? Meanwhile CBS gets caught doing a hatchet job on the President, forging documents a felony, faxing them interstate a felony, forging military and or government documents a separate felony, knowingly broadcasting a false report using fake documents, perhaps also a felony and of coarse trying to influence the outcome of an election al Quada would be proud and probably is. Yet never letting the facts get in the way, CBS is sticking to their story.

This week President Bush spoke before the clowns at the UN on the values of freedom and democracy. No organization more clearly represents and supports the corruption, tyranny and bigotry in the world than the UN. I still think we should give the land back to the Indians and let them turn the property into a hotel casino. Meanwhile a commercial airline heading for Washington DC was rerouted to do to the fact that passenger, singer Cat Stevens wound up on an FBI watch list, just goes to show you there is nothing more dangerous than a has-been pop star.

As mentioned before companies a wash with cash continue to pursue stock buy back programs; while Technology companies pursue their assault on the rules governing stock options, in the hopes of continuing to attract the best and brightest with no money down. Pundits continue to tell us the sky is falling and inflation is on the way ,even though the CPI growth rate is now lower than in the hey day of deflationary spiral scare. So why is the FED raising rates, simply to regain the use of a policy tool (interest rates) and to retain more flexibility in dealing with economic trails and travails.

Well September is here and on key the stock market sells off just after Labor Day. But wait, the stock market went up and I got buy singles for the first time in years on the market in general. My bet would be that we should see some softness until the middle of October and then on queue, up, up and away.

James