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

To: Skeeter Bug who wrote (76253)	2/19/2000 6:00:00 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 132070

SB - [[rising margin is one issue. 150% mortgages and the like are also disconcerting. negative savings rates don't appear to be positive, either. taken as a whole... tl & ev appear to be at the door step.]] I don't disagree with any of that. I DO have trouble putting some of the pieces together. Much of the cash flow to support stocks is thought to come from 401Ks and IRAs. Off the top of my head I can't come up with a good way to tie that into borrowing to buy stocks as they must be cash accounts. It would sound funny to say that people are depressing their take-home pay to fully fund their 401Ks. BWDIK? -g- Regards, Don