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Politics : Ask Michael Burke

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To: Tom M who wrote (67483)	9/10/1999 1:50:00 PM
From: Freedom Fighter	of 132070

Tom, There are things missing from their formula: The willingness of this FED to supply whatever amount of liquidity is necessary to bail out its friends on Wall St. The existence a forum called CNBC that provides Wall ST. a way to advertise and spin whatever tales it takes to sucker more middle class money into the market. A government that's willing to change the way they calculate the numbers in order to perpetuate the illusion. Taxpayers that are too dumb in aggregate to know that they are getting raped and subsidizing the rich every time there's a bailout or more easy money. Global institutions that make sure that the rich creditors are taken care at the expense of the poor debtors. I could go on, but I think you get the picture. Each of us has different risks in the system we currently have. The bankers' and connected players risks are socialized. We get to eat crow. Wayne

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