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To: Canuck Dave who wrote (82919)3/5/2002 8:01:57 PM
From: PAUL ROBERTSON  Respond to of 117005
 
looks like the final walk might be better than the dot com bomb. i have never seen a show so pathetic put on by the leader of a once great nation. Imagine, running around consulting Asian nations on how to economically and financially conduct themselves and then returning home to slap a 30% tarif on steel imports. Fact is, the good old US of A lost this battle long ago when nothing but tech mattered. The back to the basics focus is a little late when there are not one or two nations that can whip your butt, but several. The nation is morally and financially bankrupt. Imagine, one cannot even get a proper read on the PE of the S&P 500 as of late. Is it 30 or 43, you tell me. i wonder why companies are having such a hard time borrowing. If the country does not cave this time around, next will do just fine. Imagine, a federal reserve system that sends the message, go, spend, get into some more debt when you're ability to pay it off is diminishing by the hour. Most countries in the area can still provide any good or service for about half the cost or less of the USA. Wonder why high end housing ain't doing so hot lately. In hawk is a way of life now and has planted the seeds of destruction. The housing market is in its final swing now with rates so low. The federal reserve has fired its final round. Next time they will have to hand freshly printed money out on the street corners. Yup, might be good for gold. Charts are telling me gold is way ahead of the fed.