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

To: Investor2 who wrote (6154)	7/23/1998 9:30:00 AM
From: Wally Mastroly	Read Replies (3) \| Respond to of 42834

Links to Greenshades Tues. & Wed. discussions: cbs.marketwatch.com I was heartened to see he reminded Congress of the ever-expanding national debt (i.e., the interest on the debt): "...My first choice is still to reduce the debt." Greenspan said, warning the committee that budget forecasts are notoriously unreliable. And the Fed chief warned that current estimates rely on the continuation of windfall tax revenues stemming from the booming stock market..." As Brinker reminds us, the alleged "budget surplus" doesn't exist. The present excess in the Social Security fund continues to be counted in the federal budget creating the so-called surplus. Discussions of using the "surplus" to "save" social security are disingenuous at best.