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To: High-Tech East who wrote (18483)8/5/1999 6:16:00 PM
From: Michael F. Donadio  Respond to of 64865
 
High-Tech East I'll do you one better from now on:

Post by James Nicoll = click "next"
Response to post by James Nicoll = click "next"

Has the beta website given us an "ignore" button yet?

All the best,
Michael



To: High-Tech East who wrote (18483)8/10/1999 2:00:00 PM
From: High-Tech East  Read Replies (2) | Respond to of 64865
 
..... is anyone paying attention to the $800 billion tax cut package that congress passed last week? It is now sitting on Bill Clinton's desk? It is a disaster in the making for the U.S. economy and all investors everywhere.

Clinton has promised a veto, but at the same time, has indicated that he might accept and sign a $300 billion package.

Are they kidding? The very last thing the "hot" U.S. economy needs is a large infusion of cash to further stimulate things. We're talking about a huge jump in inflation. Economists thought the 1964 tax cut, proposed by JFK, and pushed through by LBJ, helped fuel runaway inflation in the 1970s (and exacerbated by huge military spending for Viet Nam) was bad - it will pale in comparison.

What is our republican congress thinking about besides the elections in 2000? This is totally irresponsible.

..... and not a peep from either the Wall Street Journal or New York Times.

..... they are all fu___n crazy.

..... are they losing it or am I?

If I were Alan Greenspan, I would tell Clinton and the leaders of the house and senate that if any substantial tax cut is approved, that the "Fed" will raise interest rates by a full percentage point or more immediately upon such bill being signed into law.

They are all nuts.

Ken Wilson