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Politics : Clinton's Scandals: Is this corruption the worst ever?
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To: Doughboy who wrote (3928)9/4/1998 5:01:00 PM
From: Zoltan!  Read Replies (1) of 13994
 
>> First, if the president resigned, the Stock Market would absolutely tank. Second, Clinton will never, ever resign. It's not in him. Clinton, like all politicians, is a narcissistic, needy man. He believes, rightly or wrongly, that he has been targeted and victimized. He will never back down.

The market has that largely factored it in. The market may even rally since it is clear that Clinton is an international joke and feckless as a leader. Virtually all the rise in the market during his tenure occurred after the Dems lost power and Slick lost control of policy in 1994. To paraphrase what James Cramer said in January, "he's a second-rater, no one cares so long as Greenspan is there".

Clinton will resign when the Dems in Congress make it clear they won't support him. That can happen any time but surely will happen after November.
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