To: Lee who wrote (65274 ) 9/12/1998 7:59:00 PM From: jbn3 Read Replies (2) | Respond to of 176387
Lee, from today's Austin American-Statesman's "Weekly Business Review"Through history, White House scandals hurt markets SCANDALS and STOCKS: "During the Nixon Watergate scandal, October 1973-October 1974, the Dow Jones average plunged 40.8 percent. During the Reagan Iran-contra scandal, Augusst-October 1987, the Dow fell 36.1 percent." (Smart Money.) ... So I guess the market only has another 15-20 percent to go down. Of course, you're right. It does impact the market. And if the market impact were all that is being discussed, I wouldn't mind so much. Right now, I'm just tired of hearing, seeing, watching, the trivia of Bill's sexual peccadilloes no matter where I turn. I cannot believe that the Republican Right did not realize what would happen if they DID succeed in weakening Clinton. (I pointed out several months ago that I thought the whole thing was beginning to look like an O. Henry short story, the one where he sold his watch to buy her a comb for her hair, and she sold her hair to buy him a watch chain.) So now we have Clinton tottering on the verge of being removed, the U.S. is a world laughing stock, every child old enough to watch TV is asking his parents "What is fellatio?", every child old enough to surf the net is reading the details for himself, and some of those who were fastest with a stone are now publicly admitting to situations comparable to Clinton's for fear that the press and public might dig more deeply. And all this occurs at a time when the world economic situation needs strong and stable leadership from the U.S. perhaps more strongly than ever before, when millions of people throughout the world are suffering unnecessary economic deprivation because of "U.S. politics as usual." I'm disgusted, but still DELLish, 3