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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: chic_hearne who wrote (112275)	5/23/2000 11:11:00 PM
From: kash johal	Read Replies (2) \| Respond to of 1570338

chic, re:"I agree with you Joe that monetary policy is extremely complex. It's like Einsteins theory of relativity, there's probably only 10 people in the world that actually understand it, none of them are democrats either. " Are you seriously of the opinion that folks who are democratic have lack the intellectual capacity to understand complex ideas such as economics or technology. Wow!!! Kash.

To: chic_hearne who wrote (112275)	5/23/2000 11:25:00 PM
From: Joe NYC	Respond to of 1570338

chic, OT I am sure Clinton did a private opinion poll of investors and Wall Street pros about the reaction of appointing his puppet vs. AG. Clinton doesn't go out on the limb based on conviction. The price to pay for an inflation dove was probably too high, so he re-appointed AG. I remember there was some uproar on Wall Street early in his presidency about a member he appointed (or was considering, I don't remember the details), which taught Clinton that he should not play with fire, and I think his subsequent appointments were more mainstream. Joe

To: chic_hearne who wrote (112275)	5/23/2000 11:58:00 PM
From: ptanner	Read Replies (2) \| Respond to of 1570338

OT Chic, Re: Oil is near historic highs. Try adjusting the dollar price of dollar for inflation over the years and oil is relatively inexpensive. And the economic output per barrel of oil is higher due to higher efficiencies and economies less dependent on resource consumption (ie. services instead of heavy industry). I am not trying to stir the pot on this topic, just point out a pet peeve of mine: commenting about prices without regard to changing context (and especially oil). PT