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To: Bobby Yellin who wrote (16542)	8/25/1998 8:38:00 AM
From: Gabriela Neri	Read Replies (2) \| Respond to of 116762

Great article. It seems that finally, investors are just on the verge of a major psychological shift in thinking that the glass is half full to the glass is half empty. The only real achievment that the Clinton Administration could claim was the strong stock market(even though , like all else he claims, this is false as he had little if anything to do with it). However, even this APPEARANCE, like all other fast gloss jobs he is associated with, is soon to come crumbling down, faster than Monica Lewinsky went down on him. If investors(mostly foreign, I suspect) think that they can hide out in Blue Chips as a safe haven, they will probably have to ask themselves, in short order , how to relieve themselves, as they will have many new avenues in their metaphoric bodies to do so. The Bill Clinton Bull Market, which was built on a foundation of matchsticks, will tumble, like all other facades associated with this man. He is dangerous and it is the few who befriend him and emerge unscathed. The Amercan Public, who have taken him into their homes and bought into his RAP, are about on the verge of finding this out for sure. They will end up the spiritual equivalent of Susan McDougal, who was so well rewarded for her loyalty to our big time Commander in Chief. The mask is off and Halloween is over.

To: Bobby Yellin who wrote (16542)	8/25/1998 5:30:00 PM
From: goldsnow	Respond to of 116762

Yeltsin tells Clinton economic reform is top priority 04:55 p.m Aug 25, 1998 Eastern By Randall Mikkelsen EDGARTOWN, Mass. (Reuters) - Russian President Boris Yeltsin pledged in a telephone call on Tuesday with President Clinton that economic reform would be the top priority of his new government, the White House said. ''Both presidents reaffirmed the importance of a clear decisive strategy for tackling Russia's economic crisis. President Yeltsin stressed that this will be the top priority of the new Russian government,'' White House spokesman Barry Toiv said. The call came as Russia's rouble suffered its worst fall in nearly four years Tuesday as acting Prime Minister Viktor Chernomyrdin scrambled to put together a government. Yeltsin, who sacked the entire government on Sunday for failing to end Russia's deep financial crisis, issued an order to the departing government to continue working until the new team was formed. The Clinton-Yeltsin call, which also touched on Russian dissatisfaction with U.S. attacks on suspected terrorist sites last week, was the first between the two leaders since Yeltsin fired the entire government of Sergei Kiriyenko. Yeltsin has designated former Prime Minister Viktor Chernomyrdin to return to the job -- the same one from which Yeltsin fired him in March to make way for Kiriyenko. Toiv told reporters the call was placed by Clinton and lasted about 30 minutes. In addition to dealing with Russia's economy, it covered other issues on the agenda for the summit between Clinton and Yeltsin on Sept. 1-2 in Moscow. These include nuclear proliferation and Iraq's vows of non-compliance with United Nations weapons inspectors and the U.S. attacks on targets Washington says are part of a terror network run by Saudi dissident Osama Bin Laden. Toiv said Clinton explained to Yeltsin developments leading up to last Thursday's cruise missile attack on targets in Sudan and Afghanistan linked to Bin Laden. ''The president reviewed the events leading up to U.S. actions last week and the dangerous threat posed by Osama Bin Laden to the United States,'' he said. He said the leaders agreed they would discuss at the summit Moscow's expressions of unhappiness with the attacks. A Kremlin spokesman said in Moscow that the two leaders had expressed optimism about the future of U.S.-Russian relations. The White House has put a brave face on Yeltsin's move, welcoming the return of the stolid veteran Chernomyrdin to power, while urging him to press on with Kiriyenko's reforms. Meanwhile, Russia's rouble suffered its worst fall in nearly four years Tuesday as Chernomyrdin scrambled to put together a government. The rouble, allowed to devalue last week, fell 10 percent to 7.88 from 7.14 to the dollar Tuesday after trading was twice suspended -- the worst fall in a single day since plunging on what became known as Black Tuesday in October 1994. Ten days ago it was at about 6.2 to the dollar. ''People don't want roubles. It's just that simple,'' said Dirk Damrau, head of research at MFK Renaissance finance house. ''Once this starts, it will continue.'' Chernomyrdin, back in his old job after five months in the political wilderness, has said that supporting the rouble is among his chief policy goals. Tuesday he promised to re-focus economic reforms as he sought to win parliamentary approval and form a new government. ''It's unlikely that we need to remodel completely,'' he said in an interview as he returned to the job he held from 1992 until March this year. ''However, we must deal with a lot of things.'' Yeltsin's erratic decisions have raised questions about his leadership and ability to hold on to power. ''The Russian president has once again demonstrated his famed unpredictability,'' the newspaper Izvestia said. ''It turned out that he was not changing horses in mid-course, but changing parachutes during a jump -- which, it goes without saying, is a risky matter.'' Yeltsin ended a five-week holiday Monday. During his last two public appearances in the past 10 days he has at times seemed confused. ''It is now clear that Russia not only has no government -- it has no president either,'' Kommersant Daily wrote Tuesday. In an interview published in Komsomolskaya Pravda on Tuesday, Chernomyrdin said he would change Kiriyenko's course. ''The priorities will be: first, the defense of social interests of the population, the paying of pensions and salaries,'' he said, ''and second, a government industrial policy, since purely monetary means did not pull Russia out of crisis.'' Copyright 1998 Reuters Limited.

To: Bobby Yellin who wrote (16542)	8/26/1998 5:19:00 PM
From: goldsnow	Respond to of 116762

Be a dictator for a day By Sandra Laville ROMANIA is offering tourists the chance to live the life of luxury enjoyed by the late dictator, Nicolae Ceausescu, at œ2,500 a day. <Picture> Nicolae Ceausescu While the average Romanian ekes out a living on œ70 a month, they will be able to sleep in Ceausescu's bed, swim in his mosaic-lined pools, hunt in his woods and sample his favourite cuisine. Some of his former staff, including chefs, waiters and chambermaids, are being drafted in to give holidaymakers an insight into his many quirks. Servants will wear traditional dress. The holiday offer is part of a drive to rebuild Romania's tourist industry and reduce the country's huge debts. Twenty years ago Romania attracted two million visitors a year; the figure had fallen to only 80,000 before Ceausescu was executed by firing squad on Christmas Day 1989. Mihai Nica, commercial director of the Administration of the State Protocol, which is behind the scheme, said: "We will provide holidaymakers with the food Ceausescu liked and decorate the palaces with flowers, as his wife, Elena, used to do. They will be met at the airport with a red carpet and be picked up in his Buick." Tourists will not be able to spend the night in Ceausescu's People's Palace in Bucharest, which is half-a-mile long and necessitated the demolition of three famous monasteries and many churches. But they may choose from three other palaces in the city: the Primaveree (the Spring Palace), where Ceausescu lived amid chandeliers and mock-antique furniture, the Elizabeta and the Stirbei. They will also be able to stay in the family's other lavish residences, including beach properties on the Black Sea and country estates such as Peles Palace in Transylvania, the home of Dracula's castle. During Ceausescu's 24 years of misrule the people queued for bread while he and his family grew accustomed to the use of a fleet of Mercedes cars, personalised helicopters and planes and an endless supply of clothes. Ceausescu insisted that all his clothes should be burned after only one outing. He was universally hated for his cruelty, nepotism and arrogance. Mr Nicu said: "For the first time we shall provide the authentic experience of a dictator." But in the former communist bloc, some things do not change. The less than catchy slogan chosen to promote the scheme reads: "Yesterday's dictator is today's market economy."