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To: limtex who wrote (15882)	4/23/2000 12:16:00 PM
From: RocketMan	Respond to of 35685

Actually his last appearance on the Hill one of the Senators almost got hostile. Yes, but they are all bark and no bite. About AG's conflicting statements, I have (somewhat) facetiously said in the past that AG may be suffering from senility. Actually, I don't think he is. Instead, he is a conflicted man -- the poster child for government interference in the economy, yet once a member of Ayn Rand's inner circle. He may be working through that relationship. Oil price increases look to me like they have done it to the economy yet again. In the meantime, the SPR sits in the ground. This has happened several times before and maybe the Fed doesn't mind it but Mrs Reno ought to and instead of threatening kids with machine guns they ought to be issuing proceedings against Venezuelans and any other OPEC representatives. Reno is a frustrated playwright. She loves theater. About OPEC, I don't blame them, they are conducting economic warfare. As I said, our SPR sits in the ground. I noticed your comment about the economy being in recession. interesting that the reverse bond yield has been held by commentators to be an almost certain indicator of recession and this went into reverse a few months ago and now you are predicting it. I think you may well be right and this will all be OK provided we get a short recession. The economy is not yet in recession, it is booming. The recession will come, IMHO, later this year. I also hope it is short, not like that stagflation we had under that peanut farmer. I remember 2 out of 3 storefronts being for rent or sale in my town, and people walking away from houses because they couldn't sell them. And yet prices kept spiraling up. I don't fancy Mr Gore's chances against this background. Nor do I. George Bush apparently blamed AG for having cost him the re-election due to his over conservative stance. Now the wheel has turned and Mr Greenspan is going to put Geroge Bush's son into the White House. Let's see what Georgie can do with it. I am not overly impressed by his intellect. Shame in a way becuase Al Gore is a great techie and I had hoped that his first act would have been to initiate a program to put an American on Mars and return him safely to the Earth.....now Al Gore is going to be just another also ran. Yes, he invented the internet, didn't he? About Mars, we can, and should, do the science first with machines. And once we jettison the "better, faster, cheaper," mantra we might actually have another successful mission to Mars. Happy Easter.