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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (134431)3/12/2001 1:11:21 PM
From: 5dave22  Read Replies (1) | Respond to of 1576858
 
<How much do you think Presidents should respond to stock market movements? What would you do if you where president right now?>

The President doesn't respond to stock market movements. The situation is the stock market is responding to the President's movements.

Dave



To: TimF who wrote (134431)3/12/2001 1:15:12 PM
From: 5dave22  Read Replies (1) | Respond to of 1576858
 
Tim - less cash now. i added more.

i'm VERY happy with AMD right now. if they don't capitalize on this situation (i liked osha's comment that things are worse than they are letting on), they all deserve to be fired. but they will.

Dave



To: TimF who wrote (134431)3/12/2001 1:46:36 PM
From: Scumbria  Respond to of 1576858
 
Tim,

``He's certainly very charismatic and his knowledge of foreign policy is formidable,'' Stelios Haji-Ioannou, founder and chairman of low-budget airline Easyjet, told Reuters.

Which President do you think he was talking about? ;^)

dailynews.yahoo.com

Scumbria



To: TimF who wrote (134431)3/12/2001 4:49:58 PM
From: tejek  Read Replies (1) | Respond to of 1576858
 
How much do you think Presidents should respond to stock market movements?

Very little and then only in extreme situations....there are already institutions/agencies to handle things before that stage. Did you see how little Clinton interfered; he had confidence in AG and stood behind him; that's why things worked so well....it's a very presidential move that inspires confidence.

Bush responded with his tax cut well before he should have....he wasn't doing it to help the country but to win people over after the election mess. As a consequence he is losing credibility fast. Plus, he can't seem to stay in one place for more than a few hours.....

What would you do if you where president right now?

Bush needs to do what's best for the country and not what's best for himself politically. From the get go, he has painted the economy as being bleak when that wasn't true so that he could gain popularity with his tax cut. Now he has instilled a lot of fear and consumer confidence is worsening and infecting everything. He opened Pandora's box and he can't get it closed.

I would move in sync with AG...Bush clearly doesn't understand economics...let AG lead.

ted