SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: posthumousone who wrote (22088)9/27/2000 10:09:56 AM
From: LLCF  Respond to of 436258
 
<Can someone comment on Clintons current speach>

Sounds like he's taking credit for all Reagan's tough decisions [that Clinton would never have voted for]... pretty funny.

I have this sneaky feeling [probably because I'm bearish] that a stock market crash under Clinton would be poetic justice.

DAK



To: posthumousone who wrote (22088)9/27/2000 10:13:22 AM
From: bill meehan  Read Replies (1) | Respond to of 436258
 
Yes. Mute button is on. This "news" was leaked yesterday. Would you buy a used car from this man? <g>



To: posthumousone who wrote (22088)9/27/2000 10:26:45 AM
From: Mike M2  Respond to of 436258
 
Post, i am not up on the the specifics but it sounds like Clinton speak -lies. Two of of the major reasons that the defcit declined are capital gains tax revenue - courtesy of the Fed inspired biggest stock market bubble in history and Bob Rubin financed the debt short term at lower rates. The major spending cuts have been in defense. It seems ironic that a draft dodging antiwar activist has sent the military into more conflicts than any past president that i know of. it's hard to get at the real truth when the media covers for him so much. mike



To: posthumousone who wrote (22088)9/27/2000 10:38:20 AM
From: pater tenebrarum  Respond to of 436258
 
the lowest Fed work force since the 60's? can't be true.

note, the budget 'surplus' news is being reported over and over...not a word about the BLS inflation reporting scandal.

note btw. that the overall govt. debt keeps growing in spite of the 'surplus'. in the meantime, the govt. IOU's are removed from the capital markets and transferred to the social 'security' fund. it's all in the accounting...



To: posthumousone who wrote (22088)9/27/2000 11:09:24 AM
From: Les H  Respond to of 436258
 
The 1.5 percentage points they shaved off the CPI accounts for most of the surplus. You can easily save $ 75 billion per year on Social Security payouts alone. Add in another $ 75 billion from the wealth transfer from foreigners, US investors to employee stock options and insider stock sales. The rest is smoke and mirrors.