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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. Carroll who wrote (3943)	3/9/1998 12:11:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 42834

Can somebody tell me what the Ginnie Mae symbol in the Vanguard family is ? thank you, jim

To: Thomas M. Carroll who wrote (3943)	3/9/1998 1:43:00 PM
From: Thomas M. Carroll	Respond to of 42834

Truman, A loose translation of my last postscript comes from Horace. I only put it on the board because it is somewhat in line with what BB was saying yesterday about spending your money. "Happy the man, and happy him alone He who can call today his own. He who, secure within, can say Tomorrow do thy worst, for I have lived today !" Tom C

To: Thomas M. Carroll who wrote (3943)	3/9/1998 2:08:00 PM
From: Alan Whirlwind	Respond to of 42834

Actually, the deficits soared during the Reagan and Bush years. However, to take it in context, massive deficits were projected by the the Carter administration through the 1980's shortly before his departure from the White House. Reagan did away with the horrific inflation and crippling interest rates of the Carter years and set the stage for our long market rally. Keep in mind, a January, 1978 Carter dollar was worth substantially more than a January, 1981 dollar when Carter left office. Under the Carter inflation, government expenses had soared. The Peace Dividend, falling interest rates, a '94 congress with a tighter purse string, and a tripling of Social Security taxes orchestrated by the Carter Administration to give that fund a current, though temporary surplus have combined to give Our present Chief Exec. what appears to be a surplus. However, I doubt many would trade the Reagan years for a Clinton presidency from 1981-1989. --AG

To: Thomas M. Carroll who wrote (3943)	3/9/1998 4:59:00 PM
From: wooden ships	Read Replies (1) \| Respond to of 42834

In re: "How much did our deficit increase under Mr. Reagan?" According to figures derived from the Bureau of Public Debt(q.v), the US national debt* increased $1.78 trillion during Mr. Reagan's two terms. Thus far, during Mr. Clinton's stay in office, the nation- al debt has increased $1.34 trillion or $717.2 million per diem. Hypothetically, were the national debt to rise at this same pace during the remainder of Mr. Clinton's second term, he would leave office with a national debt having risen $2.092 trillion during his full watch. Parenthetically, Mr. Reagan reconstructed our military from the demor- alized shambles of the Carter term and the post Vietnam funk, restored American credibility, pride and pre-eminence at home and abroad, low- ered taxes, set the stock market bull loose(1982-1998), and won the Cold War. He accomplished these items despite the albatross of an archetypically liberal and ferociously dissident and contemptuous Democrat Congress around his neck for most of those years. Not too shabby. * Nota bene: "The National Debt or Gross Federal Debt = Debt Held by the Government + Debt Held by the Public. Debt held by the Government includes accounts such as Social Security, Civil Service Retirement, Military Retirement, Medicare, Unemployment Insurance, and the Highway and the Airport and Airway Trust Funds. Debt held by the Public = Debt issued by the Federal government and held by non-federal investors (including the Federal Reserve System). The Public Debt is the financial liability for the Government's bor- rowing." See gslink.com Truman