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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (56204)4/16/1999 9:01:00 AM
From: valueminded  Read Replies (1) of 132070
 
Mike / All

Just to let you all know that this thread is a portal to the future, here is my take on the gist of AG's comments ahead of time... <g>

1.The futures so bright we got to wear shades
2.The stock market will go up
3.We print money to subsidize the market.
4.As long as we can fool the debt holders into letting us print money w/o requiring us to pay them increased interest we will do so.
5.Productivity is up up up because so many people are now playing - oops I mean working on the internet
6.Manufacturing investment is down which is a good thing, stock investment is up up up.....
7.Irrational exhuberance only existed 4000 points ago - when earnings were increasing, and only minor skirmishes. Now we are much more rational in our irrational exhuberance.
8.I see hope in increasing our personal and corporate debt as it is funding the "recovery in the foreign markets"
9.I sure wonder what the next administration is going to do....

All this imho as you are probably aware..<g>
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