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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: gerard mangiardi who wrote (19222)	12/14/1998 10:57:00 AM
From: Yoav Chudnoff	Read Replies (2) \| Respond to of 67261

Here's a good website moveon.org

To: gerard mangiardi who wrote (19222)	12/14/1998 11:13:00 AM
From: DMaA	Read Replies (1) \| Respond to of 67261

I agree, we are witnessing and American tragedy. We disagree on how to proceed in the face of it. Being 10 or so years from retirement, I can understand your fear of rocking the short term economic boat. My time perspective is longer. I am more worried about the world my children will be inheriting.

To: gerard mangiardi who wrote (19222)	12/14/1998 12:22:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 67261

>>I also have to give the man a lot of credit for the economy. Its been the best market of my 52 years.<< We are currently in the 8th year of economic expansion. The recovery began under George Bush. Now, more importantly, George Bush didn't have a thing to do with jump starting the economy and neither did Bill Clinton. The idea that a president has any real influence on the economy is laughable. Only in the most broad based sense, such as when Ronald Reagan took office and started a change in the overall direction of government away from excessive intrusion and government spending and the subsequent over-taking of the congress by Republicans. Once that happened, the market assumption was that deficit spending would abate and interest rates could fall which of course would be good for the equities market. Now what credit Bill Clinton gets is that he was not able to successfully mount an attack against one eighth of our economy (health care) and Congress forced him to agree with welfare reform (after Bill seeing the proper poll numbers, of course). So, if you are bullish on the market, pray for a successful vote in favor of impeachment. If that happens, we'll get a knee-jerk sell-off in the market and if you have any cash on the sidelines, you'll get one helluva buying opportunity. I would advise anyone to check their stock "wish list" and get ready to lock and load. Bottom line, we may get an impeachment "dividend" before it's all over....So any of you sideliners that missed the market rebound since Oct. 8, give a big Thank You to Bill Clinton...... bp