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To: heraclitus who wrote (38526)8/7/1999 6:08:00 AM
From: Bobby Yellin  Read Replies (2) | Respond to of 116764
 
Hi Homer:
I beg to differ from you big time..although it might show that I still am a pollyanna but I do feel this adminstration had followed a policy to insure as many jobs as possible for its citizens..remember a few
years ago things were really rough for most..
secondly all the analyses I have heard of Clinton and Mrs. Clinton(who I would vote for if she ran for senate..because of what she is for and because of what guiliani has done)..they supposedly drop people as soon as they no longer have use for them..Clinton isn't running again so he doesn't need more money from the Chinese for his campaign chest..thus what you suggest doesn't follow :-)
getting back to the devaluation of the yuan..can you imagine the
repercussions in the markets..and how it might effect the yen..and the Japanese still relying on exporting their way out..wouldn't it strengthen the dollar,lower interest rates here and then possibly feed the stock market bubble and help with the coming stagflagtion..
How can our government support a country that has policies so very
different from ours?
How can anybody go against the Dahlai Lama..?(I am not being facetious)
ps not being a highly developed person myself..part of me wants the devaluation so the wall street financial types who earlier have been
pouring money into Japan will get a bit of pain and suffering..
I don't think that kind of liquidity helps the people in the long run
but keeps the pyramid system going..I want liquidity to go to actually
creating true investments where all citizens benefit ..stupid me