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To: kendall harmon who wrote (537)	3/20/2001 8:15:28 PM
From: ColtonGang	Respond to of 589

What is Bush saying about the economy...................ABSOLUTELY NOTHING..............he's been told to shut up. Besides he's too busy giving cushy ambassador jobs to his old cronies and moneyboys: BUSH INTENDS to name California investment banker Rockwell A. Schnabel as ambassador to Italy and San Francisco banker Howard Leach as ambassador to France, according to U.S. diplomatic officials. Bush did not plan to announce the nominations until their candidacies were reviewed by the host nations and background checks completed, officials said. Advertisement The names circulated Tuesday in overseas news reports; Reynolds’ and Leach’s candidacies were first reported by The New York Times. Leach, an agricultural business investment banker and former finance chairman of the Republican National Committee, has donated $282,000 to Bush and other Republican candidates. Reynolds invited Bush to join him and his investment firm partner William DeWitt Jr. in the purchase of the Texas Rangers baseball team in 1989, and credited the future president with improvements such as getting a deal for a new stadium, signing talented young players, and bringing pitcher Nolan Ryan to Texas to finish his Hall of Fame career. Reynolds and DeWitt raised more than $3 million for the Bush presidential campaign and served as co-chairmen of Bush’s inaugural committee. Schnabel, a deputy commerce secretary for former President George Bush, would replace Thomas Foglietta, a former congressman from Pennsylvania with strong family ties in Italy who held the post for four years. Born in Amsterdam, Schnabel, 64, was the Los Angeles Olympic Committee’s envoy to the Netherlands in 1983 and 1984. He became undersecretary for travel and tourism in 1989 after four years as ambassador to Finland and joined Bush’s Commerce department in 1991.

To: kendall harmon who wrote (537)	3/21/2001 10:39:45 AM
From: mph	Respond to of 589

Can't say I disagree with your analysis. IMO, there's a lot of politics involved in the situation. It is rather ironic that the public does not become enraged about high level manipulation of the stock market (from CNBC to analysts to politicians to the Fed) and instead focus on things like whether someone making more money than they, and hence paying a lot more taxes, will get a bigger tax cut...even though the recipient of such government largesse still continues to pay scads more money. (Scads is a technical term, btw.<g>) M

To: kendall harmon who wrote (537)	3/21/2001 1:24:32 PM
From: Bob Biersack	Read Replies (3) \| Respond to of 589

13:12 ET Applied Materials (AMAT) 44 1/16 +1 1/4 (+2.9%): -- Update -- Company's CFO has "very low expectations" for a near-term recovery in the sector, reports Reuters. Speaking at the SEMIvest conference in New York, CFO Joseph Bronson stated that there aren't any positive signs that he can see.