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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Whist who wrote (5355)2/26/2001 12:39:20 PM
From: Magnatizer  Read Replies (1) | Respond to of 59480
 
flappy

instructed the American people that GWB was the President-Select.

Yea, you have really come to grips. LOL

ht
Mag



To: Mr. Whist who wrote (5355)2/26/2001 12:56:51 PM
From: TH  Read Replies (1) | Respond to of 59480
 
flap,

"Actually, Pardongate is a good thing for the Democratic party, in the sense that new, young leaders will now emerge and Clinton won't be looked to as the titular head of the party."

Good grief. You don't really believe that, so why did you post it?

Gee, its good Nixon got caught, er because, ah because, umm because he would have a lot more free time for his "hobbies" and it opened the door by having Ford fail which opened the door for Carter to fail and of course create the need for Reagan. Yea, thats it.

HAGO

TH



To: Mr. Whist who wrote (5355)2/26/2001 3:42:04 PM
From: Don Pueblo  Read Replies (2) | Respond to of 59480
 
flapjack, I have a lot of respect for you.

But I just have to say that pushing out generalities, suppositions, and...uh...creative concepts...like the ones in that last post of yours just serve to make me think that you've made up your mind about something personal and are massaging things to fit your preconceived ideas.

I liked it better when you just stated facts and well-thought-out opinions and didn't make goofy things up.

FWIW, and no offense intended.



To: Mr. Whist who wrote (5355)2/26/2001 5:10:33 PM
From: Zoltan!  Read Replies (1) | Respond to of 59480
 
Bush's program of reducing the high level of taxation will pass easily.

Economists back tax cut to reverse the Clinton-Gore slide:
February 26, 2001

--------------------------------------------------------------------------------

Economists See Higher Recession Risk,
Expect Further Cuts of Interest-Rates

Dow Jones Newswires

WASHINGTON -- An influential panel of economists said the near-term outlook for the U.S. economy has darkened, making further interest-rate cuts by the Federal Reserve more likely....

....The economists also lent their support to Fed Chairman Alan Greenspan's controversial decision to drop his long-standing opposition to tax cuts this year, saying that the decision was economically sound.

The NABE said that 78% of the 34 economic forecasters it polled this month believe that Mr. Greenspan was right to advocate tax cuts in recent testimony to Congress.

They said "budget circumstances have changed so that phasing in tax cuts is preferable to paying down all publicly held Treasury debt and subsequently accumulating private securities."

The NABE panel said the deepening economic downturn isn't a compelling reason by itself for tax cuts, however. A plurality of the panel members, 42%, said it takes fiscal stimulus as well as lower interest rates to lift an economy out of recession. An additional 39% said fiscal stimulus shouldn't be used to revive the economy. And 14% said tax cuts are appropriate to revive growth.

Most of the panelists said tax cuts are needed not for short-term reasons, but for the long-term health of the economy. They endorsed Mr. Greenspan's argument that U.S. budget surpluses are building up so rapidly that the government could soon find itself free of debt and forced to consider investing its revenues in private assets such as stocks. Mr. Greenspan said such investments could be tainted by politics, and he urged Congress to cut taxes "sooner rather than later."

The NABE said only 19% of the forecasters it surveyed believed that Mr. Greenspan was wrong. Those forecasters said the government could let its budget surpluses build without risk to the economy. One third of them suggested that the surpluses could be maintained in cash or substitutes, and another third said the excess revenues could be invested in bonds issued by government-sponsored agencies such as Fannie Mae and Freddie Mac. Only 4% said the revenues should be invested in stocks.
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