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CA: Secretary of state in hot seat as recall gains steam
Mercury News ^ | 7/7/03 | Phil Yost - Op/Ed

Posted on 07/07/2003 7:24:02 AM PDT by NormsRevenge

Edited on 04/13/2004 3:31:32 AM PDT by Jim Robinson. [history]

Secretaries of state, the ones who oversee elections, not foreign affairs, labored in blissful obscurity before Florida's Katherine Harris.

At the end of the 2000 presidential election, as Harris' rulings on ballots and deadlines improved the chances of fellow Republican George W. Bush, America learned the political importance of decisions on election law -- and how much partisan suspicion a secretary of state can engender.


(Excerpt) Read more at bayarea.com ...


TOPICS: Crime/Corruption; Editorial; Government; Politics/Elections; US: California
KEYWORDS: calgov2002; hotseat; recall; secretary; state; steam
Just Win, Baby!!!

errrrr.....

Asta La Vista, Baby!

1 posted on 07/07/2003 7:24:03 AM PDT by NormsRevenge
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To: Ernest_at_the_Beach
The recall is being sustained by general anger about the state of affairs in California


Ya think 8-? Ping

2 posted on 07/07/2003 7:25:20 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: NormsRevenge
At the end of the 2000 presidential election, as Harris' rulings on ballots and deadlines improved the chances of fellow Republican George W. Bush, America learned the political importance of decisions on election law -- and how much partisan suspicion a secretary of state can engender.

History is being changed here. Harris never made a ruling on ballots. That was left to county canvassing boards. Furthermore, Harris never made a ruling on a deadline. The deadlines were statutory, created by the legislature.

3 posted on 07/07/2003 7:26:25 AM PDT by SolidSupplySide
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To: NormsRevenge
The anti-recall Web site urges recall opponents to stand in front of tables where recall proponents gather signatures, approach potential signers first or ``otherwise inhibit their activity.''

A smart campaign would be gathering footage of this for use in future TV Ads in favor of the recall...

"Just look what Davis' cronies will do to prevent fellow citizens from having a voice in state government. They know the lousy job he's done, and the last thing they want is for him to be held accountable to the taxpayer/voter."

4 posted on 07/07/2003 7:29:25 AM PDT by TontoKowalski
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To: NormsRevenge
Doofus already looks desperate.
5 posted on 07/07/2003 7:29:36 AM PDT by onyx (Name an honest democrat? I can't either!)
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To: onyx
Desperate ... ehhhh? LOL


6 posted on 07/07/2003 7:38:37 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: NormsRevenge
That's perfect!
7 posted on 07/07/2003 7:40:46 AM PDT by onyx (Name an honest democrat? I can't either!)
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To: NormsRevenge; *calgov2002; PeoplesRep_of_LA; Canticle_of_Deborah; snopercod; Grampa Dave; ...
Good Morning Norm!

I like that picture of Davis!

calgov2002:

calgov2002: for old calgov2002 articles. 

calgov2002: for new calgov2002 articles. 

Other Bump Lists at: Free Republic Bump List Register



8 posted on 07/07/2003 7:42:11 AM PDT by Ernest_at_the_Beach (Recall Gray Davis and then start on the other Democrats)
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To: NormsRevenge; Grampa Dave
Here we go with the totally FALSE "moral equivalance" between Katherine the great and this turd of a Demonicrat S.O.S. in CA! It's enough to gag a maggot!!!
9 posted on 07/07/2003 7:51:37 AM PDT by SierraWasp (The Endangered Species Act had not saved one specie, but has ruined thousands of American Dreams!!!)
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To: NormsRevenge
Amazing that this was an oped from the left wing Jercury:

The recall is being sustained by general anger about the state of affairs in California, and a widespread perception that Davis is a brother in ambition with Raiders' owner Al Davis, both playing by the same rule, ``Just win, baby.''

If the anti-recall tactics confirm that impression of the governor, he's going to just lose.

10 posted on 07/07/2003 7:57:43 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: Ernest_at_the_Beach
Yup.. Good old Yahoo News Photos comes thru again. ;-)
11 posted on 07/07/2003 7:58:39 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: Grampa Dave
Yeah, even the Murky Noise has to know which way the wind is a-blowin' these days. ;-)
12 posted on 07/07/2003 8:00:28 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: SierraWasp; Carry_Okie
On the 4th of July at a big annual picnic with many conservatives, I used Carry Okie's advice re our local election officials.

A conservative gal who works for another department on the same floor of the election officials ask what I felt about the upcoming elections. (Her actual words)

I asked her if she felt that there were enough signatures, she said that she had no doubt.

Then, I asked her to pass the word to the election people to thank them for their accurate and speedy certification of signatures for the recall.

She asked "Why would I want that message out?"

My reply, "I hope and assume that they will do their job properly and get this on the ballot this November. If not there might be a whole lot of Rico trials in 2004 from the SoS down to local county election personnel.!"

She loved it and said that she would relay both comments to every person involved in this certification process. I imagine before today is over, that message will be discussed a lot by the local county election officials.

13 posted on 07/07/2003 8:06:38 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: NormsRevenge
I think that your unemployment rate down in that area is still sky high. That has to hurt the ad $ revenues for the Jercury. The longer Davis stays in, the longer that situation will continue to fester.
14 posted on 07/07/2003 8:08:22 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: Grampa Dave
rotflmao

Your subtlety is most compelling.
15 posted on 07/07/2003 8:17:28 AM PDT by Carry_Okie (The environment is too complex and too important to be managed by politics.)
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To: Grampa Dave
In Santa Clara County , we are running at about anywhere from an 8 to 11 % unemployment rate depending on how you want to count the numbers. All I know, commuting in most areas has never been so good.

I have had a couple of interviews lately which is encouraging but I aint there yet. All we can do is keep plugging.

The market numbers look good today at least, and if the earnings reports coming out are positive this week, hopefully, some more hiring across the board will happen... and soon. (Fingers crossed)

16 posted on 07/07/2003 8:21:01 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: Carry_Okie
Actually, both ideas were borrowed from you. The praise for doing a good job and the promise of a Rico action if they played games. You are the king of Rico re bringing it up.

This lady is a conservative and will have a lot of fun this week and until the recall election comes out.
17 posted on 07/07/2003 8:23:46 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: NormsRevenge; SierraWasp; Liz; BOBTHENAILER; Ernest_at_the_Beach
Good luck on your job search!

The markets are hot today. Lets hope that trend continues.

http://bigcharts.marketwatch.com/markets/indexes.asp

The above great site, is one the Waspman's donation to better knowledge to Freepers.
18 posted on 07/07/2003 8:27:10 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: Grampa Dave
The markets are hot on no good fundamentals. I know we all want the job market back in shape, and the dollar back up would nice as well ... but bidding PEs back into the 30 and even 40 range is not doing anyone a favors.

This bull market is about retail investor sentiment. One piece of that is ecnomic confidence -- warranted, in my view. One piece of that is about pure frustration about CD and fixed income returns -- NOT a good reason to invest. One piece of that is about nostalgia for the '90s bull market and a sense that those kind of returns and long runs are the fundamental state of the market, to which the last 3 years were simply an unpleasant interruption. This last is ENTIRELY unwarranted.

Watch the insiders and the institutions. Aside from mutual funds which have to buy stocks when retail investors put more dough in, the institutions are on the sidelines, or strategically selling. Insiders are selling.
19 posted on 07/07/2003 8:33:26 AM PDT by only1percent
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To: Grampa Dave
See this:

Energy stocks take cue from market

DALLAS (CBS.MW) -- Strength in the broader market Monday helped boost most energy sectors, though oil service stocks dipped after rising in the previous session.

___________Also ____

And Allegheny Energy (AYE: news, chart, profile) rose 13 cents to $8.45 after naming a new chief financial officer. Allegheny Energy said that Jeffrey Serkes would be responsible for Allegheny's financial, accounting, treasury, and corporate development duties. He joins the Hagerstown, Md.-company from IBM (IBM: news, chart, profile), where he was treasurer.

20 posted on 07/07/2003 8:45:44 AM PDT by Ernest_at_the_Beach (Recall Gray Davis and then start on the other Democrats)
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To: only1percent; SierraWasp; Liz; BOBTHENAILER
You underestimate the millions of retired investors like me whose cds and bond funds are not making it. We are raising the money by converting our cds, money markets and bond funds to stock investments.

We are investing in America instead of gloom and dooming and whining. The tax cut re the dividend tax will have a big impact. Next year GW will engineer a large cut re the dividends if not removal of them. This will force the Buffets to declare dividends or become a non entity in the market place.

When the parents get those $400 rebates per child, they will be buying new clothes and other items. The housing market re new and older properties in N. California is very hot inspite of the bad news due to Davis and Burton.

21 posted on 07/07/2003 8:46:30 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: only1percent; Grampa Dave
Investors, the industrialized world and especially the American people are sick and tired of living in fear! Emotion is the main driver of the markets and will swing both ways, no matter the P/E, the institutions or the insiders. If the herd is fed up, your doom and gloom warnings will be ignored and faith in America will rule not only the day, but far into the future. It's incalculable!!!
22 posted on 07/07/2003 8:47:27 AM PDT by SierraWasp (The Endangered Species Act had not saved one specie, but has ruined thousands of American Dreams!!!)
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To: Carry_Okie; Grampa Dave
Where is the subtlety?

I understood what he said. I don't normally get subtle points!

23 posted on 07/07/2003 8:48:44 AM PDT by Ernest_at_the_Beach (Recall Gray Davis and then start on the other Democrats)
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To: Ernest_at_the_Beach
Actually for me this, this was very subtle.
24 posted on 07/07/2003 8:55:47 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: Grampa Dave
I do not underestimate the impact of retired investors' frustration with bond and CD returns. I mentioned in my initial post and I confirm now: it's a big factor.

I also reiterate my assertion that it is a TERRIBLY BAD reason to invest in stocks. The true value of a stock is the discounted present value of its proportionate share of the company's future earnings. Although speculation can cause the market price to diverge from the true value, such divergences are always temporary.

I belive in the fundamentals of the United States economy, and that tax cuts (in general) can only enhance those fundamentals. I do NOT believe that these fundamental should lead one to conclude that any basket of stocks trading at a weighted 30 PE is underpriced.

Your point on total elimination of dividend taxes forcing a change in the capital management strategies of big profitable companies is an interesting one. You might be right -- although I have skepticism on two points: (1) the number of people who care about dividends, except as simply a point in the total-return equation which can be replaced by increased appreciation in the underlying stock, is quite small relatively to the market, and (2) a large chunk of the instutional investor universe is ALREADY tax-exempt or tax-deferred on dividends (University and non-profit foundations, the weighted proportion of mutual funds held in 401ks and IRAs) and there's been little pressure exerted by them for dividends.
25 posted on 07/07/2003 9:06:54 AM PDT by only1percent
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To: Grampa Dave; Ernest_at_the_Beach
"...this was very subtle."

That's pronounced sub-tle, right?

26 posted on 07/07/2003 9:08:12 AM PDT by SierraWasp (The Endangered Species Act had not saved one specie, but has ruined thousands of American Dreams!!!)
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To: Grampa Dave; Ernest_at_the_Beach; NormsRevenge; only1percent; SierraWasp; Liz
Robust gas prices and hints of an economic recovery helped boost the stock prices of most large energy companies during the quarter ended June 30. Even the long-beleagured merchant sector began to show some vitality.

Amoung the group of 36 companies tracked, only two posted a sequential quarterly decline; Anadarko Petroleum and Enron. The survey group's average price of $30.21/share was up 13.24% from the $26.68/share average at the end of the quarter ended March 31. By comparison, the Dow Jones Industrial Average posted a sequential quarterly gain of 12.43%, while the Standard & Poor's 500 Index rose 14.89% and the Dow Utilities Index gained 20.67% over the period.

Year over year, the gas compaines' stock values were largely flat.

Kinder Morgan, deemed by RBC Capital Markets analyst Mark Easterbrook to have "the best free cash-flow story in the energy group," proved to be one of the best stock-price performers in the second quarter. The KMI stock price of $54.65/share on June 30 was up 21.44% from the $45/share price on March 31 and 43.4% higher than the $38.02/share value a year earlier.

KMI has used as much as $400 million to $500 million annually to pay down debt and has benefited substantially from its master limited partnership, Easterbrook said. Some other compainies operate with the MLP structure as well, but their proceeds are small compared with KMI, whose partnership has about 48% of its cash going to KMI, the analyst explained.

Other big share-price gainers from the first quarter to the second were CMS Energy (83.67%), Williams (72.71%), Semco (65.34%), Dynegy (60.92%), Duke Energy (37.21%), Nicor (35.84%), PG&E (57.47%), and El Paso (33.55%).

"The merchant energy names like Williams, Dynegy and El Paso did very well, better than I would have anticipated," Easterbrook said, adding that many market observers had thought such companies would go into bankruptcy.

At Williams, stocks ened the second quarter at $7.91/share, compared with $5.99/share at the end of Q2 2002 and $4.58/share on March 31 of this year.

In his speech at the Williams yearly shareholders' meeting in May, company Chairman Steve Malcolm said that the Tulsa-based energy giant was recovering well after sustaining the worst year in its history - the result of an unprewcedented slump in energy marketing and trading and telecommunications. A focus on sufficient liquidity, asset sales and a balance sheet supporting core assets has the company on the upswing, Malcolm said.

Last year, Williams sold the Kern River Gas Transmission and Central pipelines, a refinery in Lithuania, the MAPL/Seminole pipeline, the Cove Point liquefied natural gas terminal in Maryland and some South Texas gathering assets. "This year we've completed or announced $2.7 billion in asset sales, and we expect to complete another $1.3 billion by early 2004," Malcolm said.

"It's with reluctance and guarded optimism that I mention our stock performance year to date," he told shareholders. "Nevertheless, we are pleased that our stock has been on an upward trend of late. There was a time when skeptics said we'd never see $2 again."

Bucking the upward trend, Anadarko's stock on June 30 closed at $44.47/share, down 2.26% from the $45.50/share on March 31 and down 9.8% from the $49.30/share at the end of Q2 2002.

(Excerpt)

27 posted on 07/07/2003 9:17:26 AM PDT by BOBTHENAILER (proud member of a fierce, warlike tribe of a fire-breathing conservative band of Internet brothers)
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To: only1percent
Fidelity and a few other 401/Ira tenders are on board the dividend reduced taxes and eventually no taxes.

That will have an incredible impact on corporations who want to sell their stocks to mutual funds.

You see the water glass as less than half full. I and millions see it as half full for the first time in a long time. We see the cycle about to enter another positive cycle. We don't know how long it will run, but we want to be on it when it makes the run.

Re changing investments to get a better return on your investment is why most people change their investments. If not they still would be invested in buggy whips, horses and wagons. It is the name of the game.
28 posted on 07/07/2003 9:18:48 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: BOBTHENAILER
Here is that mutual fund again, which is an interesting way to play this energy market without all of the thrills of the big ups and downs,WWNPX. It has over a 20% gain ytd before today, and has had three good years back to back before this year.

http://www.quicken.com/investments/quotes/?p=WWNPX
29 posted on 07/07/2003 9:34:15 AM PDT by Grampa Dave (Evil Old White Devil Californian Grampa for big Al Sharpton, Nader & Peter Camejo!)
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To: NormsRevenge
RE The RICO claims. Many counties have cut budgets and staffs to the bone. Requiring immediate verification would be difficult in our clerk/elections office. We just layed off an employee there and then had an unexpected retirement. I know we are short staffed for an unbudgeted recall election.

Our County Clerk is a real trooper and will do her best, but I imagine that immediate verification will not be in the cards. Would not accomplish much by threatening her.
30 posted on 07/07/2003 9:48:19 AM PDT by marsh2
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To: BOBTHENAILER
12:15PM Stocks volume data, breadth support index advances ($INDU, $COMPQ) by Tomi Kilgore

NEW YORK (CBS.MW) -- While advancing stocks are more than doubling up declining ones, the broad market's volume data is even more impressive. Stocks moving higher have seen 500 million shares change hands on the NYSE and 745 million shares turn over on the Nasdaq exchange, versus down volume of 118 million shares and 104 million shares, respectively. Meanwhile, up stocks are trouncing down stocks by a 2,133 to 1,011 margin on the Big Board and by a 2,154 to 879 score on the Nasdaq. The Dow industrials ($INDU) is surging 1.7 percent to 9,228 and the Nasdaq Composite ($COMPQ) is rallying 2.9 percent to 1,712.

31 posted on 07/07/2003 9:48:38 AM PDT by SierraWasp (The Endangered Species Act had not saved one specie, but has ruined thousands of American Dreams!!!)
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To: Grampa Dave
That they are on-board for the dividend tax reduction is not surprising.

If you are suggesting that Fidelity and other major investment companies are going to pressure their portfolio companies to pay out higher quarterly dividends once the dividend tax is fully repealed, or to pay out special dividends whenever they have a windfall (like an asset sale) that is a MUCH bigger assertion, and would, if they are successful, represent a PROFOUND change in how large public corporations are managed. I don't see evidence of that kind of move among the people I know in the investment world, but that doesn't mean it won't happen...

32 posted on 07/07/2003 10:03:24 AM PDT by only1percent
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To: SierraWasp
12:15PM Stocks volume data, breadth support index advances ($INDU, $COMPQ) by Tomi Kilgore

Nice find for some GOOD news.

33 posted on 07/07/2003 10:33:00 AM PDT by BOBTHENAILER (proud member of a fierce, warlike tribe of a fire-breathing conservative band of Internet brothers)
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To: NormsRevenge
Whatif? What if Davis woke up to read the "Teav Leaves" and figures he can't survive the recall election? So, he then decides to resign (To avoid the cost to the State etc. etc.). Ib the event he does that, doesn't the Democrat Lieutenant Governor Bustamante automatically suceed him, therby nagating the recall election of Davis?
34 posted on 07/07/2003 10:41:52 AM PDT by hresources
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To: NormsRevenge
What if? What if Davis woke up to read the "Tea Leaves" and figures he can't survive the recall election? So, he then decides to resign (To avoid the cost to the State etc. etc.). In the event he does that, doesn't the Democrat Lieutenant Governor Bustamante automatically suceed him, therby negating the recall election of Davis? (posted this twice to fix the typos from the first one).
35 posted on 07/07/2003 10:46:27 AM PDT by hresources
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To: hresources
Its a win win either way, that being the case.

The legalities of that happening are suspect at this point, so it may already be too late for Davi$ to commit harikari and pass the torch.

Bustinamove shot himself in the foot with his N word utterance and also is suspect as to where he really was born.

His biggest supporters are Aztlanders as well. Bring him on.. LOL

36 posted on 07/07/2003 10:48:35 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: NormsRevenge
Pont being however is the Dems would hang onto the Governors seat for 3 more years and through the 04 election. Maybe that would be okay as then the Terminator could take out Boxer in 04.
37 posted on 07/07/2003 10:54:06 AM PDT by hresources
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To: NormsRevenge
The Secretary of State is supposed to be investigating the voter fraud in the Parra/Gardner Assembly race . . . but wait . . . Parra is a democrat. Oh, never mind.
38 posted on 07/07/2003 10:58:54 AM PDT by Saundra Duffy (For victory & freedom!!!)
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To: hresources
I disagree that he would have power for 3 years. The demRats are stopped dead in their tracks .. as long as the Repubs stick together. The next general election is where we need to make the bug push to knock the demRats out of a lot of seats in the legislature, and gerrymandered districts or not, it could be done, if things don't get better economically.

And as I said, it is probably too late anyway for Davi$ to resign. Also, there is no love lost between Davi$ and Cruz.

But who knows? ... The old adage about politics and strange bedfellows still applies today, more than ever.

39 posted on 07/07/2003 10:59:50 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: Saundra Duffy
Nice try,, But no cigar banana on that one! LOL ;-P
40 posted on 07/07/2003 11:01:01 AM PDT by NormsRevenge (Semper Fi..Support FR . "California-Fighting the rising tide of socialism" . http://www.DRAFTTom.com)
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To: only1percent; Grampa Dave
"the institutions are on the sidelines"

That sure doesn't jibe with this!

1:38PM Marder expects stocks to make additional progress by Julie Rannazzisi

Kevin Marder, chief market strategist at Ladenburg Thalmann Asset Management, said the stand-up behavior of the major averages reveals that institutional investors are showing "very little propensity" to sell stocks in the wake of its recent advance. "The market has had a number of opportunities to sell off, the latest of which was Thursday's release of a soggy employment report, but has yet to do so in a convincing manner," Marder noted. "We expect the market to make further progress as leading issues move out of their short-term consolidation patterns."

41 posted on 07/07/2003 11:34:49 AM PDT by SierraWasp (The Endangered Species Act had not saved one specie, but has ruined thousands of American Dreams!!!)
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To: NormsRevenge
"but with a hot race among the Democrats, the conventional wisdom is that more Democrats will show up to vote in March"

Hmmmm? I was wondering why they wanted to postpone the election until March ... what a bunch of schemers!
42 posted on 07/07/2003 2:56:27 PM PDT by CyberAnt ( America - You Are The Greatest!!)
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To: SolidSupplySide
"History is being changed here. Harris never made a ruling on ballots. That was left to county canvassing boards. Furthermore, Harris never made a ruling on a deadline. The deadlines were statutory, created by the legislature"

Hmmmm? Sounds like LETTER TO THE EDITOR time!! And these people deserve it - Mercury News is a Bay Area paper and totally left-wing!!
43 posted on 07/07/2003 3:00:58 PM PDT by CyberAnt ( America - You Are The Greatest!!)
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