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

To: Alighieri who wrote (112938)	5/26/2000 10:56:00 AM
From: chic_hearne	Read Replies (1) \| Respond to of 1570145

Alighieri, I noticed this quote from Zoltan's profile, Consider your origin; you were not born to live like brutes, but to follow virtue and knowledge. - Dante Alighieri Is that where the name comes from? BTW- I don't think I ever welcomed you to the thread. chic

To: Alighieri who wrote (112938)	5/26/2000 11:01:00 AM
From: Jim McMannis	Respond to of 1570145

Al, RE:"This comment is difficult to reconcile. Why would Clinton appointees, presumably Democrats at heart, want to create an economic disruption during an election year?" The FED is supposed to be independent of partisan politics and the rest of the politicized government. They seem to be doing a good job of it. Jim

To: Alighieri who wrote (112938)	5/26/2000 11:35:00 AM
From: Zoltan!	Read Replies (1) \| Respond to of 1570145

>>This comment is difficult to reconcile. Why would Clinton appointees, presumably Democrats at heart, want to create an economic disruption during an election year? The article contains the reason - because as Dems they are apt to follow the old time liberal economics which equates high employment with inflation, i.e., the "Phillips curve", even though the Phillips curve has been discredited. ...Buggy whips in hand, with bugles blaring, the Fed austerity brigade is armed with an old-economy Phillips curve designed to slay non-existent inflation by depressing the new Internet economy....However, if the Laurence Meyer Phillips curve Gang of Three remains on a tear, then investors had better tighten their seatbelts. Cash is starting to look better and better.... cnbc.com btw, my new Compaq sports an AMD.