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To: heraclitus who wrote (71384)10/23/1999 10:11:00 AM
From: Terry Whitman  Respond to of 86076
 
Homer, The radioactive waste at the Springfield Nuk-lear plant must be increasing your brain activity. <g>

That sounds like a very good observation to me. I bet the demmycruts already have plans for the inheiritance windfall. I bet you're not in their plan either, if you work and pay taxes. <ng>

I would say a lot of that $10 trillion is in real estate, BTW. Not a real liquid investment. If that part is converted into equities, it would be a slow process.

My guess is that alot of it will be spent paying off HUGE loans by the recipients, some goes to Uncle Sam, some to lawyers and doctors, some is spent on luxury items, some to bonds, and a small amount will find it's way into stocks. It will be a very small percentage, and it will be slow in coming. That's my perception, anyway.