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To: Bald Eagle who wrote (15525)10/8/1998 1:26:00 PM
From: S. maltophilia  Read Replies (1) | Respond to of 25814
 
" Think of all that
capital gains tax that the government won't get now! Will we be back in deficit? "

Not right away. In fact, capital gain tax payments will even rise for a while as investments are liquidated at a profit and those unfortunate enough to have large net losses run into the $3000 limit. The deficit situation will appear much as the stock market when one looks only at the DJIA. After that the deficit becomes even more monstrous.



To: Bald Eagle who wrote (15525)10/8/1998 1:36:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
Sorry to everyone, but at this moment, consenual oral sex takes precedance over world economy, US economy going over the Niagara.

Historically, as in over the last 30 to 40 years, Fed funds rate had always been ~1.5% to 2% over rate of inflation. Over the last 4 years, with inflation continuously abating, AG had been 'agressively fighting inflation' and ran that difference up to 4%. Instead of cutting 2% last week, he did a 'f..k U' 1/4% cut. This is in face of the best companies in US not being able to raise money either in the equity or bond markets. The only one that benefits are the banks and the bankers who control the fed.

How about Congress talking about impeaching AG instead.

Talking about oral sex, gender politics, right wing plot vs left wing plot is not OT - this is what's driving our stock price. Last weekend was a fine example. Clinton trying to jaw bone G7 to lower interest rates to spur growth with US interest rate at historical highs. Any wonder why England and Germany turned it flat down? What a mess!

patrick



To: Bald Eagle who wrote (15525)10/8/1998 1:38:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 25814
 
Bald eagle,

No, that is only noise, imho. I think we must look at business as business........religion, politics, and such has no long term effect on business.

IMHO, this is about a simple thing. It is the washing out of puffed up expectations which we had about our global economy since around 1996 ..........expectations that began to crumble with Asia!

We'll come back. Stay objective, and if you can, take advantage of these great prices on good companies....these will certainly come back.

The smart guys always say to buy and hold quality stocks on weakness, right? Well, here it is.........mucho weakness!!

There are always ants at a the end of a picnic........and they make out like bandits!

E (thinking like an ant)



To: Bald Eagle who wrote (15525)10/8/1998 8:39:00 PM
From: Alain Dubreuil  Respond to of 25814
 
It is not related to LSI but...

In this time of turbulence, it is important that we get a strong leadership but the U.S.A. are not able to provided it as your President is a lame duck.

From a Northern neighbor, I hope that you fix your problem by the November election and tackle the real problems.

Alain