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

To: echarite who wrote (79507)	4/14/2000 12:49:00 PM
From: John Koligman	Read Replies (1) \| Respond to of 132070

From the Dell thread, an open letter to the President to 'save the economy and the American dream'!!! LOL, John To: BBG who wrote (156352) From: Master Friday, April 14, 2000 12:32 PM ET Reply # of 156353 Open letter to President Clinton: Dear Mr. President, It was not long ago when the aura of prosperity radiated from our nation. Inspired by the sunshine from the distant horizon, investors fueled the growth in our economy by contributing with confidence and helping to develop new businesses, new technologies and broadening older ones. This seemingly endless cycle seemed to generate new prosperity and renewed confidence. More recently, the Chairman of the Federal Reserve, Mr. Greenspan, objected to this newfound wealth of the American investor. He labelled the prosperity in American homes as the "Wealth Effect". His myopic view of the economy lead him to conclude that this richness and growth was bad for America. As such he implemented changes to dissuade growth. In essence, he removed the positive atmosphere that reigned around our country. The outlook is now negative. Unlike past corrections in the markets, the sunshine in the horizon is nowhere to be seen. Millions and millions of investors have lost their nest egg in recent days. Millions of others are further indebted. I wish Mr. Greenspan would explain to me how am I better off today. As I write this letter the markets are crashing. Despite the collapse and the impoverishment of Americans, the fear of Mr. Greenspan raising interest rates still prevails. I kindly request, Mr. President, that you take immediate action to restore confidence in our economy. One such measure would be to politely remove Mr. Greenspan from his position. We need your urgent help Mr. President, we don't need Mr. Greenspan. Vince G.