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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (43110)	1/13/1999 5:39:00 AM
From: PaperChase	Read Replies (1) of 132070

>>the US is on the skids, << ???? Are you and Bill Fleckenstein trying to start a tag team for cynicism? Care to comment as to why the U.S. is "on the skids" while we are at full employment, inflation is low, and credit is flowing in the streets? Need an obscene example of Greenspam's newly minted credit flow? AT&T sent me a Platinum Visa credit card with a $5,000 credit limit plus they gave me $100 cash to switch my long distance. Just one thing...I never filled out a form nor even requested the card! They sent it to me and said call them to activate/accept it. It doesn't get any better than that in the credit world! Consumer credit expansion is expanding at 3 times the GNP. This is one of the reasons why I don't buy the argument about a stuffed retail channel for PCs. Credit lines are being raised en masse for all but the slow payors. And consumers are once again spending like they won't be able to on 1/1/2000. Someday the tech sky in your world will become sunny. If so, please send the sun north to Minnesota where it is now -15 degrees.

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