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To: William Hunt who wrote (168678)7/24/2002 9:36:49 AM
From: Road Walker  Read Replies (4) | Respond to of 186894
 
William,

My opinions on Bush's actions, really since 9/11, are not positive. I think it's the job of a chief executive to promote a realistic and calming perspective on events. Bush seems to do the opposite. And his policies have sent us back to deficit spending, those budget surpluses were hard won, and will be difficult to repeat.

One (minor) plus of the market decline is that the constant federal terrorist warnings have stopped. I guess the administration feels that the subsequent market decline would be worse for his job approval rating, than the intended support for his planned Iraq actions would be a plus.

John



To: William Hunt who wrote (168678)7/24/2002 11:09:05 AM
From: The Duke of URLĀ©  Respond to of 186894
 
"yesterday for closed-door meetings with investment fund managers, financial services executives and Wall Street economists."

I guess Secretary O'neil hasn't heard about regulation fd, I suppose. You know the one about no secrets to a select group of buddies.



To: William Hunt who wrote (168678)7/25/2002 3:23:27 AM
From: Amy J  Read Replies (1) | Respond to of 186894
 
Hi William, Michael, and Thread, RE: "the administration remains confident that steady economic growth...will not be dragged down by the sliding markets."

The economy follows the financial markets. The financial markets lead the economy.

If the financial markets are in the tank, then the economy will be in the tank.

The gov't had better wake up.

Regards,
Amy J