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To: mishedlo who wrote (7541)	12/14/2000 11:46:31 AM
From: McNabb Brothers	Read Replies (3) \| Respond to of 13572

>1) He is scared to death of inflationary effect of Bush tax cut< The gas and oil price increases that most of us have seen, has eaten into our buying power and what little Bush's tax cuts may be will only off set the oil and gas tax we have seen and still seeing! >2) He wants to kill the wealth effect of the stock market still (and thinks it is over valued)< Can you tell me or show me anyone that has not been killed by the stock market in the last 6 or so months? Why do you think the economy is turning down? It's the killing off the wealth that so many had, but has gone to money heaven now! >3) He is not as bright as he seems< He is a very very bright man IMO, but when one tries to call each turn in an economy as great as ours is, one will not get each turn correct! Again I ask why did he make such bold statements in his last speech if he were not seeing signs that the fed had over tightened or at least stayed to tight for too long! That was the neutral bias, and the next action will be a cut! Remember this is all my opinion and like I've said before tell me or show me some one that can make calls on the economy 100% right all the time! If one could then he or she would have all the wealth in the world! Hank