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Strategies & Market Trends : Market Direction Predictions and BS guesses
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To: New Economy who wrote (120)5/28/2000 2:16:00 PM
From: c.hinton  Read Replies (1) of 234
 
I would like to make a few suggestions, that if implemented would ensure the present and future prosperity of our economy.
First, it is obvious to all that the Federal Reserve is out of touch with the wishes of the American people.This is a Democracy is it not? It should be our right, as intellegent investors to determine our own financial needs.I therefore propose that the Fed be abolished and replaced by an elected committy made up of respected CEOs,brokers , day traders and marketing advisors. These experts are truely in touch with the wants of the American people.It would be in their power to increase liquidity to supply our country with what it needs but is not given.
Secondly,As was discussed but not acted upon not three years ago Social Security funds would be invested directly into the stockmarket to take advantage of the greater returns that it has consistently provided to those who have been far sighted enough .
Thirdly to ensure the continuity of these policies political elections would be held as corporate elections are .One share one vote, or rather one dollar one vote.There would of course be class A votes for worker-investors and class B votes for those on welfare.The number of votes would be determined by asset value ,not actual cash.
Forthly, curbs on the financial press would be imposed to prevent undue and irresponsible negativity and resulting investor malaise.
Enact my program and the future is assure.No,the future is guarenteed.For I will under take to supply federal guarentees to safeguard the value of our portfolios!After all do we deserve any less?
Yours modestly
chinton
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