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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Bill F. who wrote (66568)8/21/1999 11:53:00 AM
From: Sam  Read Replies (1) | Respond to of 132070
 
Surely SF is prime evidence for why the estate tax ought not be gutted, but made even steeper.

And kudlow! Don't get me started.



To: Bill F. who wrote (66568)8/21/1999 4:30:00 PM
From: Sam  Respond to of 132070
 
Here is a little more of the Forbes article I posted earlier. You don't like easyal? Try this forward pass:

<<Forbes points to the plunge in gold prices over the last two years as evidence Fed policy is all wrong.

'It's the purist monetary commodity out there,' he said. 'You don't eat it. You can't burn it. You can't destroy it.' Gold has dropped to $258 per ounce from $375 two years ago.

'The danger is that as the fed tightens up, (it) succeeds in slowing the economy,' Forbes said. 'They clearly don't have a real compass. It's all on the gut of Greenspan and his fellow governors.'

Greenspan's term expires in June 2000 and Forbes said that if it were up to him, Greenspan would probably not be reappointed.

'I would have a heart-to-heart talk about this wacky notion that prosperity causes inflation. And if he didn't have a change of heart I'd get a new chairman,' Forbes said.

One potential candidate for the job Forbes likes is Empower America founder Jack Kemp.>>