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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (57510)	4/26/1999 8:31:00 PM
From: Merritt	Read Replies (1) of 132070

WC: (good thing we're not in Britain<g>) <<< It is almost entirely AG's and reckless promotion from a few on Wall St that's to blame for this mess. >>> I don't agree with that assessment; who's AG's boss? Who keeps mindlessly throwing money at the Index Funds? It can be said that without AG having provided a safety net last October, people wouldn't have the confidence to indulge their greed, but...I don't think AG acted entirely on his own...Clinton, his boss, had the most to gain, from the market not crashing. Remember, he was in the midst of the impeachment hearings, and a market crash would have put his poll ratings in the sewer, and those stalwarts in the Senate probably would have found him guilty. AG continues to add liquidity to the market, IMHO, because his boss sees a booming economy as the only chance he has of rehabilitating his image.

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