SI
SI
discoversearch

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


To: Scumbria who wrote (134454)3/12/2001 9:27:41 PM
From: tejek  Respond to of 1589124
 
Scumbria,

The biggest factor of all was AG raising interest rates to put a Republican in the White House. He pulled the same stunt in 1994 to get the Congress.

Obviously, we disagree on this issue. I don't believe he raised interest rates to get dubya elected. In any case, it didn't work....it took the misconduct in J. Bush's FL and the Supreme Ct's partisan behavior to make it happen.

Now he is balking at rate cuts to help out the rich folk's tax cut, and to make sure his rich buds keep their steady income from interest on the national debt coming.

None of the economic data coming in so far warrants the kind of reaction the markets are showing. The economy just barely managed to clear the inflationary problem in January. I don't think AG can go any faster than he is going. The problem is that every one is used to the economy running nearly perfect for several years....unfortunately, that was the exception, not the rule. Plus we had a president who knew not to screw with something when it was working.

BTW the Concord Coalition which is made up of Reps and Dems. has come out with a warning that the tax cuts may eat up the budget surpluses and put the budget back into a deficit position.

Bush's response in FL....everyone just wants to keep spending, spending, spending.

I wish he would get his butt back to DC instead of wondering the country and risking getting lost.

ted