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To: Enigma who wrote (26698)1/21/1999 11:56:00 PM
From: John Hunt  Read Replies (3) | Respond to of 116764
 
President Clinton Proposes That The Government Buy Stock On Margin!

<< President Clinton's proposal that $650 bln. to $1.2 trln. of his projected $4.5 trln. cumulative 15-year budget surplus be used by the federal government to buy corporate equities. Suppose that you used an annual bonus payment to buy equities rather than paying down your mortgage. You, in effect, would be buying stock on margin. The source of that margin credit would be your mortgage lender. If the federal government uses part of the surplus to buy corporate equities rather than paying down its debt, it, too, is buying stock on margin. -- cont'd -- >>

ntrs.com

Hi D2,

<< A whiff of a lie or a whole lie - just like John dredging up Druge from the bottom of the barrel. >>

Ouch - That barb stung! ... Spoken like your average defensive Clinton supporter ... Like my moma used to say 'Son, you will be judged by the company you keep' ... And Slick has assembled quite an interesting bunch around him.

Have a great one.

John