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


To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:15:25 AM
From: DMaA  Respond to of 769670
 
If the last 2 quarters of 2001 reveal a recession, which administration would be responsible for it?



To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:16:51 AM
From: PROLIFE  Respond to of 769670
 
Kenny,

Admittedly, I skipped over very many posts, so if you have answered this, please indulge me; will George W. Bush be your President?



To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:17:00 AM
From: J.B.C.  Read Replies (2) | Respond to of 769670
 
There is plenty of evidence that we may be HEADED for a recession, it's called a 50% retracement on the Naz and trillions lost in portfolio's. You've been in denial with many things in the past several weeks. you can't deny the the economy may have been badly damaged by this attempted soft landing.

Jim



To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:21:22 AM
From: Ted Downs  Read Replies (2) | Respond to of 769670
 
Zoltan has just admitted we are not in a recession. He wants us to speculate we are headed into a recession when there is no good evidence for that proposition

Interest rates are up, homes starts down , fuel costs up, auto sales down, retail sales down, stock market down, and I'd say Zoltan pointed out the direction of the economy very accurately. Duh



To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:23:37 AM
From: Zoltan!  Read Replies (1) | Respond to of 769670
 
>>Zoltan has just admitted we are not in a recession.

Of course I did not! Even you should know that statistics lag reality and are often adjusted. We may indeed be in recession presently. English and economics are not your strong suit.

As for my original statement, it was carefully phrased to allow for such future confirmation. In fact, if there is a recession during the first year of the Bush Administration it can be safely said that Clinton/AlGore the Loser delivered US into a recession in contrast to Bush's father delivering a strong and growing economy 8 years ago.



To: Kenneth E. Phillipps who wrote (101955)12/5/2000 10:26:09 AM
From: TripleT  Read Replies (1) | Respond to of 769670
 
We may not be on the verge of a recession, but all is not well in the land. Open your eyes and read just a bit. One report on the bond market read like the bond market could become a disaster area. One financial advisor stated that the stocks will follow the bond market since bond experts tend to be early.

Defaults are on the rise and the bond holders are not getting as high percentage back (down to about 30% average). And on many bankrupt .coms they get no return on their investment.

Expect a rough spring in the stock markets, since there will be no bubble stock sector to lift the NASDAQ. The start of a recession, perhaps, but I truly hope not because its easier to make money in a bull market.
TTT