Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Elllk who wrote (22681)	7/29/1998 8:00:00 PM
From: geewiz	Respond to of 94695

Larry, Thanks for reminding us of Greens' checkered past!! I was not aware of this. As for a rally to sell into, a rush for the exits seems as likely, given the low cash levels at Mutual Funds. best,art

To: Elllk who wrote (22681)	7/29/1998 8:59:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Hi Larry; <OT> Thanks for the post , I didn't know the part about the Greenspan good health report on 16 of the 15 failed ones. What I keep hearing on the news is that they want Japan to fix their banks like we fixed the S&Ls problem. What a joke, so now they take credit for fixing something, when it's the Tax payer who is still doing the fixing. They hid most of damage in the national debt, so that we can pay interest on it for however many generations follow us, because we can't every pay it off. When something like this happens and gets hidden, it's for all practical purposes the last thing you pay off, so the interest cost hundreds of times or more that was originally stolen. Thanks to compound interest the cost can be virtually unlimited, as I doubt they ever plan to pay off the debt. It's part of a System that they insist we must have. Don't ask why. <G> I could get into how they use a form of English that we need to learn to translate to understand, even then you will often find they can talk for hours and never say anything, but the best part is they can mess something up and claim to have fixed it. Jim