Tom Tomorrow was in good form this morning.

And while I truly hate to blow my own horn, I do feel compelled to reiterate that I called this one last March. (Of course, if I wanted to be immodest, I could also point out that small investors would have received much better advice from this cartoon over the past five years than from most of the financial experts on cable business shows combined...but that would be unseemly of me, wouldn't it?)
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Did Telecom Reformers Dial the Wrong Number?
Deregulation: A 1996 landmark law may be at the root of the industry's meltdown, analysts say.

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Twice as Bad as Hoover

George W. Bush is shattering records for the worst first 18 months in office for a U.S. president as measured by the benchmark Standard & Poor’s 500. In his first year-and-a- half in the White House, Bush presided over a 36.9 percent decline, almost twice the percentage drop of Herbert Hoover, the president who led the nation into the Depression.
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