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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (13037)1/9/2002 5:44:06 PM
From: Maurice Winn  Read Replies (2) of 74559
 
Anti-Clinton maniacs and anti-Green$pan maniacs make up things such as that or ignore things which can't be denied or misconstrued.

Clinton was a very bright guy, who knew how many dimes made a dollar. He was not one bud short of a six-pack as Tero puts it.

The fact is that under his reign, the USA economy did amazingly well and was in fact the best in human history Sure, he didn't single-handedly do it and the 911 attackers will on course while he was in charge. But the leader definitely has an impact, and the excellent Mexican decision was a case in point.

Perhaps Argentina wouldn't have gone under if Bill had been running the show. The dot.bomb and tech.wreck would still have happened and Uncle Al would still have been printing flat out and and the other markets would have gone out in sympathy.

What matters is where we go from here, irrespective of how we got here.

Both George W and Bill C have done well in many ways. It's amusing that people seem to consider one or the other as satan in the flesh rather than a bundle of good and bad.

Even my idol Uncle G should have been whacking interest rates and printing flat out as soon as the dot.bombs and tech.wrecks did the first collapse and the margin calls started flooding out, but he didn't. But that doesn't mean he's the epitome of banking failure.

As for not understanding him, I never had any trouble and I wonder if the listeners aren't the ones with the problem rather than Uncle G. He is excellent in his verbal handling of questions and explaining his ideas. Simply excellent. Sure, it's not in language MTV fans would like, pick up, you know, easy.

Mqurice
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