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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (1026)	12/30/2000 9:32:29 PM
From: Lazarus_Long	Read Replies (2) \| Respond to of 93284

Much as I hate to agree with a liberal, I think you're right on this one. AG will not cut rates unless GWB gives up on tax cuts. If GWB gets his cut, AG may even raise rates. GWB is very likely going to push hard for is cut. He remembers his daddy and "read my lips- -no new taxes". Also, a lot of his business support wants those cuts. AG, if he wants another term might go along with Bush. Increasing the chances of that is that if GWB cuts taxes and AG doesn't cut interest rates or raises them, AG will get the blame if a recession occurs- -not what AG wants to be remembered for. However, AG is 73 (74?); he is probably either planning on retiring soon, or would rather retire than try to walk through this buzzsaw. I was thinking about joining Warren Buffet and buying CNC and/or FNV bonds, but those bonds will fall if there is a recession (they're junk) or if AG raises. A recession will also serious bankruptcy risk for those bonds, so you can't just plan on collecting the current good interest from the bonds and riding it out. Thanks. You may just have saved me some money. Should I tell Warren? :-)

To: RockyBalboa who wrote (1026)	12/31/2000 4:44:04 AM
From: terryswift	Read Replies (3) \| Respond to of 93284

In your dreams, fella. Bush II is a whole different breed of cat than Bush I... a true conservative. GWB will get most, if not all, of his $1.3 trillion tax cut, and AG will start cutting rates on 1/30/01 regardless of GWB's tax cut. GWB is well aware of what AG did to his father. He will not allow it to happen again. Buy bonds... interest rates will fall like a rock during 2001 and all will be sweetness and light between GWB and AG, even while GWB pushes his $1.3 trillion tax cut through Congress. Bet on it... bond traders already have. The 30 year T-Bond yield is down to 5.7% and headed to 5 or under.