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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (9385)	11/9/1997 12:43:00 PM
From: Investor2	Read Replies (1) \| Respond to of 94695

Re: "Larry if the market will percieve that the congress does not understand the importance of Free Trade - Fast Track, and there is a bona fide opposition to open markets and a sniff of protectionism the stock markets around the world will colapse - the big K." I'm all for "Free Trade." However, regarding Fast Track, I'm not sure whether I would like to take the power for determining trade policies away from Congress and give it to the President. I this case, Clinton says he will use Fast Track to promote free trade. But, remember that the power could also be used the other way. A president could apply the power provided by Fast Track to implement a protectionist policy. Best wishes, I2