"Bottom Line" newsletter has interesting contradictory articles

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

One article by the well-known investment advisor Robert Stovall flatly forecasts that y2k will be a non-event.

The other article cites an anonymous source. He is described as the owner of a major building company in the northeast US and as a member of the Board of Directors of "several major profit and non-profit organizations." This source recommends a 30 to 60 day supply.

The proud polly and the shrinking GI clearly point out the obvious fact that polite society will not tolerate the GI position. The prep issue is largely being steered by peer pressure and not logic.

Peer pressure is just as powerful a force for adults as it is for kids. In itself it is not a bad thing. Peer pressure keeps society in order, but most beneficial peer pressure has a foundation in logic or moral authority. I don't see that foundation underlying Koskcism.

-- Puddintame (achillesg@hotmail.com), September 13, 1999

Answers

For sure, coming out as a GI is supposed to be a scary thing. I told a headhunter I'm a GI and she agreed that Y2K could be bad, but said, "No one talks about it." No, because they are doing business.

-- Mara Wayne (MaraWayne@aol.com), September 13, 1999.

Of course there are other ways to interpret this. Stovall has nothing to sell but his own reputation (which will be mud if he's wrong). So he puts his name on it. The other guy does have something concrete to sell, we aren't told what, but he recommends you stock up on 30-60 days of whatever it is. And I'd be anonymous too under those circumstances.

-- Flint (flintc@mindspring.com), September 13, 1999.

Puddin'

Yeah, I noticed it too. Last issue, front page, Y2K is a profit opportunity. This issue, more confusion. I think it just illustrates the depth of understanding held by the media in general.

"Y2K will definately be something! Or not!"

And Flint, you recently berated me for using Lon-logic, and chanting the doomer catechism. Well, how many thousand times must you repeat your silly mantra that all doomers are out to sell something and fleece the idiots who are prudently preping? GN has never gotten a cent from me. EY has never gotten a cent from me. Only the folks at Sam's and the Farmer's mercantile (where I bought two boxes of strike- anywhere matches and a can of bag balm, today) have really seen much Y2K profits out of my wallet. Funny, the lady at the feed store sure didn't look like a swindling, money-grubbing profiteer.

-- Lon Frank (lgal@exp.net), September 13, 1999.


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