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Technology Stocks : Dell Technologies Inc.
DELL 117.16-1.7%Feb 3 3:59 PM EST

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To: Sabrejet who wrote (64458)9/9/1998 5:01:00 PM
From: SecularBull  Read Replies (1) of 176388
 
~OT~ seczebra, I disagree. I think that a resignation would restore (to some extent) confidence in a government paralyzed by a leadership vacuum at present.

I don't like the idea of President Gore, but I think that he'd at least be able carry out the duties of office. (This assumes that he's not taken down in the campaign finance scandal that is in the pressure cooker right now.) The Democratic leadership has just about completely abandoned the president, and accordingly he's lost all of his political power to get anything accomplished. It is the lie that has undone him. They defended him, and he stuck it in their backs. They're not about to stand in the way of his fall, now.

Rubin would most likely stay on, and Greenspan isn't leaving soon. Coupled with some stability in Congress, I think that the resignation would have a short-term and limited effect on the markets. I think to a large extent, the market is more hurt (longer term) by a damaged, ineffective, lame duck president remaining in office.

Regards,

LoD
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