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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Nukeit who wrote (20811)	4/28/2004 3:05:30 AM
From: Raymond Duray	Respond to of 81476

Hi Nukeit, It's interesting to speculate on just when the U.S. financial markets really did become disconnected from the physical reality of honest economic endeavor. I tend to date this to the transition from the Carter to Reagan years. We had the first of the sincere de-regulation efforts occurring during the Carter years, with the airline industry as the prime example. De-regulation worked so well that by the recession of 2000-1, that the U.S. airline industry had shown not one penny of profit since the days of the Wright Brothers. Making Alfred E. Kahn and Company look like something less than the Bright Brothers.