Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Farmer who wrote (45861)	1/3/2001 1:24:10 PM
From: Zoltan!	Respond to of 77400

>>You're a funny guy. Said the clown. >>You mean the one which followed right after the Great Clinton/Gore Bull Market? The Great Boom and the Bull market began historically in 1982. Clinton and AlGore had nothing to do with that. They had nothing to do with ending the eight month period of "negative growth" that began in July 1990 and ended in March 1991. The economy was growing smartly all during the time Clinton/Gore were lying about it in 1992-3. Gore was still lying about it during the recent camapign, saying they inherited "the worst economy in 50 years". A bold-faced lie. Once in office the markets performed relatively poorly until they and their party lost Congress in November 1994. Then the markets indeed took off. If you assume that electing a GOP Congress that would force a balanced budget on a recalcitrant Clinton was part of their master plan, then he may deserve some credit. Still, that ignores the fact that Clinton fought a balanced budget until Dick Morris persuaded him that that and "welfare reform" - anathema to Dems - were his only path to re-election in 1996. That and all the illegal money they got from China. In contrast, history will reflect that the Clinton/Gore Bear Market began with their assault on MSFT, done at the behest of - who else? - their campaign contributors and propelled by AlGore's anti-business campaign rhetoric. It will take time for a new administration to restore the confidence in the markets that Clinton/Gore so successfully destroyed.