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Non-Tech : The Critical Investing Workshop

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To: Percival 917 who wrote (18850)5/15/2000 8:21:00 AM
From: candide-  Read Replies (1) of 35685
 
Good Morning Eyecandy, news: NATIONAL DEBT CLOCK TO GO DARK

(from BullMarket Report)
It's a sign of the times whose time has run out. After more than a decade of tallying up our nation's debt second-by-second for all the world to see, the National Debt Clock -- the green electronic sign atop a building
near Times Square -- is being unplugged.

How times have changed. Blessed with budget surpluses, the government announced in January that it planned to buy back up to $30 billion of debt this year. It also said that the entire $3.6 trillion of the national debt held by the public could be wiped out by 2013 under current projections for budget surpluses.

COMMENT: Fiscal responsibility leads to higher equity prices. Mark my words.
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