BOBBIE BATTISTA, HOST: OK, let's -- let's move along with this grab bag, and we'll talk about politics since a lot of
these issues are coming up on the campaign trail.
Al Gore and George W. Bush. Well, I'm not the only person in America that has trouble remembering that
name. No, both of those two guys are hitting the campaign trail hard. Report this weekend, John, that Pat
Buchanan may threaten to run under the Reform Party. What is that all about?
JOHN FUND, "THE WALL STREET JOURNAL": Well, I think it's very interesting. Pat Buchanan was very popular with Reform Party members in
1996 even though his pro- life views clashed with a lot of the Reform Party constituency. If Pat
Buchanan were to take the Reform Party nomination, I think that would siphon off between five and nine
percent of their vote in the general election.
[WEBNOTE] In '92 Perot "siphoned off" 19% - In 2000 add to that the conservatives, pro-lifers, constitutionalists, second Amendment supporters, illegal immigration activists, Reagan Democrats, etc., who would not have voted for Perot but will vote for Pat Buchanan... and well, you get the picture!
That would hurt any Republican candidate against Al Gore. So
I think it needs to be taken very seriously. I think it's one reason why the Republicans need to have some
debates: so Pat Buchanan doesn't feel if this entire nomination process has been rigged to generate a
Bush candidacy without a real contest.
BATTISTA: Marilyn?
MARILYN GEEWAX, "THE ATLANTA CONSTITUTION": That would be good. It will be interesting to see, really, how much traction Pat Buchanan gets
this year. I think a lot of the things that he was really appealing to people about in the -- earlier in the '90s
-- the peasants with pitchforks and people angry about trade coming into the country. Everyone's
prospered so much, I mean, really, even at all levels, in -- of the income. People have seen incomes rise,
unemployment is at a 29-year low. I really wonder whether or not his message will carry much when
times are as good as they have been.
[WEBNOTE] "Everyone's
prospered so much..." They still don't get it do they?
BATTISTA: Yes, you know -- I saw Barbara yawning there for just a second, wondering if that's
foreshadowing the campaign season to come. I mean, that is a problem, I think, for a number of the
candidates: Bill Bradley is not known to be a fiery speaker; Al Gore...
GEEWAX: They're pretty low-key candidates: Bradley, Gore, Bush. They're not really people you, you
know -- they're just not all that personally interesting in some ways. They're pretty low-key, shall we say.
BATTISTA: Not that that's a bad thing after what we've been through.
GEEWAX: But the people who do have a little drama: Pat Buchanan, Ross Perot. They seem like old
news. We've heard their ends before and it's not all that interesting, at this point. And with the latest
statistics on home ownership, 66 percent of Americans are having -- own their own homes, we have,
what, 4.2 percent unemployment. I think it's going to be tough to get people particularly interested in this
Campaign 2000 because times are basically good.
[WEBNOTE] Yep, Americans sure have it good. Lots of jobs, so many in fact that many Americans have 2 or 3 of them just to keep up the payments on those new houses you mentioned.