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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (52511)6/3/2002 10:33:07 AM
From: Jim Willie CB  Read Replies (2) of 65232
 
Econ Advisor Lindsey gave dollar kiss of death

Bush's economic chief Lawrence Lindsey said there is still plenty of strength in the greenback. One can almost hear the ghost of J.P. Morgan who said in September 1929, "The economy of the United States remains sound," or General Custer who wired back to Washington, D.C. that he didn't expect much Indian resistance.

Question, Mr. Lindsey -- if the dollar is so strong why do you need to tell us? Maybe it's because he knows there are far too many of them circulating in the world economy.


/ jim
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