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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (28078)	8/11/1999 2:29:00 PM
From: Lee	Read Replies (1) of 50167

Hi Ike,..Re:. markets don't fall on back of strong economies and in new economy these leading companies are not industrial giants they are agents of 'price deflation'. Excellent point Ike. You said a lot in those few words. <g> You're right about a little inflation too. The opposite is much worse. About US debt, maybe they will succeed in retiring debt, but it is really alarming to hear the Democrats and Republicans scrambling to see who can spend the most of the current budget surplus! <g> So, even though, retiring the debt is doable and appealing, unless we have strong leaders like Rubin and Greenspan, it seems like a fond wish right now. <g> (maybe will start looking at some Dec bond calls <g>) Best, Lee

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