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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (9484)	11/26/1997 11:03:00 AM
From: Joseph G.	Read Replies (1) \| Respond to of 18056

<<Mike, Pretty strong opinions. I'm curious as to your expertise in economic matters. Your profile is scant. By what study, training or experience do you claim to be in a position to offer advice to AG on these issues?>> It's a free country, even US congresspersonae feel free to offer advice to AG on any issues they please. Joe

To: Sam Citron who wrote (9484)	11/26/1997 11:40:00 AM
From: Tommaso	Read Replies (3) \| Respond to of 18056

Sam, how about sticking to the issues and arguing on the basis of those instead of trying to discredit the person you are writing to. Mohan always gives good reasons for what he thinks. I guess if a person doesn't have any other resources he has to fall back on the ad hominem argument. Is this recommended in law schools now?

To: Sam Citron who wrote (9484)	11/26/1997 11:58:00 AM
From: Mike M2	Read Replies (1) \| Respond to of 18056

Sam, I did not claim to be in a position to offer AG advice on these issues I merely offered my opinion but i would be happy to do lunch with AG to discuss the world financial mkts if he is interested.-g- My strong opinions come from reading Dale Carnegies book-g- My experience? I was Jay Gould in a former life-g- OK enough humor. I will state a few of my beliefs. I do not believe the Fed operates independently from politcal pressure.It was created by politicians it can be dissolved by politicians-not that i see this happening mind you.My economic views are influenced by Austrian economics school which believes money and credit inflation fuels speculation and causes distortions in the economy.For a fast and dirty summary of Austrian economics see Vic Sperandeo's "Trader Vic Methods of a Wall St Master" Chapter 10. For a more complete view see Ludwig von Mises works "Human Action" or "The Theory of Money and Credit" . I have not studied the other economic schools extensively i.e. Monetary, Keynsian and so on but the Austrian school makes a great deal of sense to me. "My profile is scant" yes I like it that way like a bikini interesting for what it reveals but more interesting for what it conceals-g- mike