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Pastimes : Home on the range where the buffalo roam

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To: pbull who wrote (8204)	7/16/2002 1:33:00 AM
From: D.B. Cooper	Read Replies (1) of 13815

I really have no much faith in the social security system at all. Ever since Nixon raided this fund for the bombing in Thailand, Soon it must be going to have every worker supporting what 2-3 retires. IMHO (o facts) what we have going on is the perfect storm. It is the end of the millenium and we have to change our computers because of a decimal point. Corporations spend a lot more than the norm upgrading software and hardware even though they don't want to. Remember they are private and have to show a profit. Old Greenspan panics and decides that everyone is going to need a few thousand in every Americans wallet because all the computers are going to crash and their is going to be a run on the banking system. These come together along with a BIG boom in the telecoms because of the wireless phone, the internet. ya da ya da ya da. Of course some companies show huge growth for a couple of quarters. The Naz starts going up and people start noticing. "We are going to be rich Mabel" {If looking back, on that day that I was in the buffet line at the Mirage and about 25-30 people complete strangers are all talking about their favorite stocks. that had to be the high.} Remember the nifty fifty and the Janus funds that had such a high concentration of a few stocks. Greenspan now takes notice and instead of letting the mrkt. take care of its self. He ATTACKS the market. No way is the common man going to rise above the salt. Imagine people retiring before they are 60 why it will break the Social Security system He raises rates and more and more. What he is doing is killing the tech revolution which is bringing this country the next step up for us (The USA). to compete with the world. To be able to have high standard of living we need high wages high education system. He has lowered us to the worlds standard. He has destroyed the hopes and ideas of the entreprenurs. In the mean time we have ceos that have options etc. They must have earnings or they are not going to get their billions. They have purchased calls etc. at the top and must have earnings. They cook the books,buy off the accountants. we have a pres in the Oval Office that is setting the morals for the nation. Now we elect a new president and vice president that seem to fit right in. Oh we can pass new laws. How about enforcng some of the old ones. Great leadership at the SEC. right:-{ Greenspan has so weakened the USA that now pension funds(that some corporations have raided to inflate earnings) are showing strain we are in a vicious cycle now mutual funds getting redemptions so they must sell even now the blue chips. We are the laughing stock of the world in our stock market. the foreigners are selling. ( I am sure the Arab nations have been. Every since Rudy gave the money back to that Prince.) So when will this end. I don't know. Making a few bucks on my traders. All this of course is my own rant for today and I have no facts or fiqures to back up any of what I have said. That said: I expect the black helicopters over my house 6.7 minutes after I post this message. Good bye everyone. I might not have time to run spell check

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