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.

Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (2621)	9/26/1998 5:45:00 PM
From: Ken Salaets	Read Replies (1) \| Respond to of 9818

In reality, both parties have already "spent" the surplus many times over during the past two sessions of Congress, if not earlier. Spending programs have been created or their allotments increased in anticipation of the surplus. Hence, when either party or the White House claims that the surplus should go to "fix" social security (show me the plan, Mr. President. You've had two years to come up with one. Where is it?) or tax cuts, etc., they are *ALL* playing games, trying to lure the gullible American public into their rhetorical corners. As for the Admin's credibility, remember their earlier projections about what it would take to "heal" the Fed's IT systems? Rep. Horn scoffed at those numbers regularly as they continued to be racheted (sp?) up. And this Administration had the audacity to claim that all problems could be addressed WITHIN existing budgets. Everyone in town that had any knowledge about the Y2K problem (including many within the government) knew that was a lot of crock, but we let them get away with it. Shame on us. There are no saints in this matter, so I suggest ignoring the rhetoric and staying focused on the matter at hand. Now back off of my soapbox. {SI = a virtual Hyde Park? ggg). Ken