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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Baldur Fjvlnisson who wrote (280646)	7/26/2002 7:24:39 AM
From: Baldur Fjvlnisson	Read Replies (2) \| Respond to of 769667

"...prospects have generally strengthened for resumed expansion in our economies, although risks remain...People were more optimistic than they were three months ago...The signs are that we've turned a corner... We discussed the global economic outlook and the current slowdown. We are in agreement that we expect it to be short-lived..." - G7 Statement, World Business, February 11, 2002 "...The recession is over and the bear market has ended..." - Michael Holland, Holland & Company, on CNBC, February 19, 2002 "...This probably will be the shortest recession and the mildest recession that the US economy has ever had...that despite the country's damaged spirit and strained economy..." Michael Cox, underling to Robert McTeer of Dallas Federal Reserve -- Investor's Business Daily, February 21, 2002 "The strong signal from the indicators is that the recession is ending and that the recovery could be more vigorous than earlier anticipated." -- Ken Goldstein, Economist, Conference Board "America's longest expansion in history has been followed by one of the shortest, shallowest recessions on record." -- National Association of Business Economics (NABE) President Harvey Rosenblum, who is also Director of Research at the Dallas Federal Reserve Quoted by Associated Press, February 22, 2002 "It seems quite clear now that our economy never suffered a recession." - Paul O'Neill, March 4, 2002, as quoted by Reuters "The national recession appears to be over. This not only will have been a shorter-than-normal recession, it will be the mildest recession in post-war history." -- David Berson, Vice President, Fannie Mae, March 29, 2002 "The fundamental strengths of our economic system remain well intact...I am convinced that the United States has regained its economic footing." -- Treasury Secretary Paul O'Neill, May 1, 2002, testifying before the Senate Banking Committee "I don't know why markets are where they are today...Eventually (stocks) will go back up, perhaps sooner than later. There is an unbelievable movement in the market without what I believe to be substantive information." -- Treasury Secretary Paul O'Neill, G7 Meeting, Nova Scotia, June 22, 2002