SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Willie CB who wrote (11228)1/8/2003 10:50:19 AM
From: Mike M2  Read Replies (1) of 89467
 
Jim, few people understand that the "strong dollar" was aided by exaggeration of profits ( NIPA profits peaked in 3Q97) and the impact of how ESOP accounting greatly exaggerated earnings ( congressmen from both parties fought reform). GDP and productivity growth were overstated by the hedonic hoax and understating product price inflation - a lower price deflator adds to " real growth" . According to Jimmy Rogers the single largest beneficiary of the Mexican bailout was Goldman Sachs . Under Rubin bankers profits were private but the losses socialized like never before. mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News