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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (28913)	6/10/1998 11:16:00 AM
From: Mike M2	Respond to of 132070

Tom, Rubin switched to short term financing on the debt at lower interest rates reducing interest expense a strategy that will not look so smart when the dollar falls and rates rise but it helped slick willy in the short run. Mike

To: Thomas M. who wrote (28913)	6/10/1998 12:37:00 PM
From: Knighty Tin	Respond to of 132070

Tom, In politics, it is always the one in office at the time who takes credit or blame for events that have been transpiring for several years. On the negative side, Hoover gets all the blame for the Great Depression when it is hard to imagine anyone being able to stop it from occuring after the forces had been put in motion. On the positive side, Reagan gets credit for the collapse of The Soviet Union, with nary a mention of the folks who ran The Berlin Airlift, who maintained NATO, who stopped the Russkies in Cuba and Korea, etc. That is just the way the game is played. Dumb and sad, but so it is. "It happened on your watch" is the main slogan of both the corporate and govt. worlds. MB