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

To: Mike M2 who wrote (79516)4/14/2000 1:31:00 PM
From: benwood  Respond to of 132070
 
Mike, the "idiots" who bailed in 1928 looked brilliant just a few years later. And not just because they could afford decent clothes, either.



To: Mike M2 who wrote (79516)4/14/2000 1:48:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
will, the ppt's function was to give the knuckleheads more cash to dump in the markets. unfortunately, each ppt action further leveraged the numbskulls as many added margin on top of their debt.

issuing more credit may not work anymore.

this may be the last hurrah. maybe not. but we KNOW the ppt made this problem much worse due to their moral hazard policies.


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