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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (1998)7/23/1999 10:52:00 AM
From: Sam  Read Replies (1) | Respond to of 3536
 
From one Red Alert to another:
Does anyone get mildly nauseous like I do at the shenannigans of our esteemed House of Representatives when they huff and puff and blow enough hot air in one day to fly a balloon around the world in record time?

Fascinating. They pass an inane tax cut that not only AG thinks is at best risky, but even some former Reagan people think is dumb (according to the NYT), making individual income tax cuts contingent on whether total interest payments were lower in the previous year than the year before or not. As if this is somehow a meaningful number that has anything to do with tax cuts. If rates go up sharply in Y2, then come down slightly in Y3, then the cuts happen, no matter what else is going on. Cool. These people apparently make a habit of passing things that they know will never get passed by the Senate. And they seem to claim to believe that they should be taken seriously and respectfully.

Sorry, I had to let out a little steam.



To: Paul Berliner who wrote (1998)8/7/1999 1:44:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 3536
 
Princeton Economics has fame alright, they were the primary ones
who taught the Japanese how to crash their market.
Personally I regard any thing coming out of that old right wing
unimaginative archaic and washed-up waste land of brain dead
prigs as pure garbage.
Jim