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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: swisstrader who wrote (93796)11/29/2000 11:50:01 AM
From: David R  Read Replies (2) | Respond to of 769670
 
Let us not forget that we are in a severe market decline, and the US trade deficit is rising out of control. Consumer debt is at an all-time high, and many major corporations are getting crushed by their enormous debt (at&t, ibm, etc.).

There exists the possibility that we are in for a long and painful slowdown in the economy. I don't suppose that we will see anybody trying to get credit for this mess?



To: swisstrader who wrote (93796)11/29/2000 11:58:28 AM
From: Ted Downs  Respond to of 769670
 
One of the biggest factors in President Bill Clinton's easy ride to re-election was the strength of the economy and yes, we owe the original appt of Greenspan to Reagan,
who appointed him to the Federal Reserve Board in 1987, and who made him chairman in 1988. However, he was re-appointed as chairman by George Bush and Bill Clinton.


I will give you credit because as a talking head for demolibbers I expected you not to point out that the Republicans had anything to do with the original appointments of Greenspan. However, other than additional appointments of Greenspan by Clinton that was the extent of his involvement in finance and that is carrying Clinton's involvement way past the use of a rubber stamp. I know "it's the economy stupid" famous phrases of the Clinton/Gore regime. If Clinton has so much to do with the economy why isn't he reassuring the financial markets now? Because he is nothing more than a talking head spewing Clinton speak to the ignorant who listen to him. Now since he is a lame duck and short timer he doesn't really give a rip what happens because he's out of there in less than 2 months. What a joke.