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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.34

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Nov 3 4:00 PM EST

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To: puborectalis who wrote (68958)	2/13/2001 10:23:24 PM
From: Hawkmoon	of 99985

Rubin on the way out at Citigroup? Among those at a breakfast session O'Neill held last Wednesday was Rubin's boss -- Sandy Weill, head of Citigroup, who participants said expressed strong support for tax cuts. Maybe if Rubin had had the spine to deal with restructuring Social Security years ago, by creating semi-private personally owned pension plans (if placed only in AAA rated corporate, Govt or Mortgage bonds), we wouldn't currently have a system where the govt is taking in more than it spends, only to be forced to "invest" that surplus in government debt, thus increasing the national debt, while they spend the surplus on pork barrel projects... (whew!! all in one breath.. :0) Yeah... Rubin has the right to speak about mistakes in economic policy... leaving behind a legacy of unfunded governmental obligations instead of personal wealth comprised of hard assets. Regards, Ron

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