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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (839)	6/28/2002 8:48:47 AM
From: T L Comiskey	Read Replies (3) \| Respond to of 89467

You just gotta admire Rush talk about pretzel logic..!!! Clinton is to Blame for the Neanderthal like behavior exhibited by Lott..Chenny...Lay..Eggers...ect...ect Its a disgrace to the country that these guys stay in office Some one send them a dictionary book mark the Word Integrity God Bless America We truly need Help T

To: stockman_scott who wrote (839)	6/28/2002 11:58:24 AM
From: Jim Willie CB	Read Replies (3) \| Respond to of 89467

if Dems take Congress in 2002, WhHouse 2004, great for gold the level of deficit spending would be colossal this is part of GreenSpanker's dilemma he cannot do anything here if he turns up the volume on dollar printing, he exacerbates the monetary pressure of upcoming inflation if he lowers FedFunds rate, he accelerates dollar declines if he raises FedFunds rate, he torpedos earnings and stocks I expect even with a lower dollar, for Twin Tower Debts to remain the federal deficit will remain huge because the economy is not producing jobs even as the federal govt is increasing spending on a large scale the trade debt will remain about intact because of two reasons 1. our appetite for foreign products will not drop much 2. foreign economies will substantially reduce their imports of American made products because their economies are in the shitter, despite our products becoming cheaper the TwinTowers will remain with us for a few years and lead to harmful fundamentals damaging the dollar for a while price inflation will be the inevitable inexorable result the news media is not addressing this threat "back door inflation" all I read is tiny tidbits of "slower growth, rising prices" how about "return of inflation" ? how about "much higher interest rates and mortgage rates" ? how about "deepening recession" ? / jim