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To: Hawkmoon who wrote (26880)	1/23/1999 7:26:00 PM
From: lorne	Read Replies (2) \| Respond to of 116856

Hello Ron,realize you are answering a lot of questions and I have asked this one a couple of times. Maybe its a dumb question and no one wants to bother with it but I'll try again. You said >>>>>People perceive that paper has value based upon the "full faith and credit" of the gov't issuing it, and based upon that gov'ts ability to service debt.<<< My question to you or anyone is. If called upon how would / could the USA service its debts. Lorne

To: Hawkmoon who wrote (26880)	1/24/1999 10:06:00 AM
From: Mark Bartlett	Read Replies (1) \| Respond to of 116856

Ron, <<Now I know Alan Greenspan is the Anti-Christ, ruling the world with his mutually supportive cabal of demonic hedge fund managers.>> When you or I make a mistake regarding an investment, we pay for it. Are you suggesting that these hedge funds have attained some sort of deity status, whereby they can put the financial world in potential economic peril, we just let them continue to operate willy-nilly ... and bail them out whenever their reach exceeds their grasp .... because their failure would hurt so many other people? Sorry, but I do not want to live with that type of economic gun to my head ... and I suspect there are many others that feel the same way. I would suggest then, they should not be allowed to operate ... PERIOD. No one person or entity should be allowed that type of economic power. As far as the homeless go, we have the means to feed and cloth everyone of them at this moment ..... there just has to be the will to do it. I do not mean to sound disrespectful, but I almost sense a Neville Chamberlin attitude in your position respecting irresponsible hedge funds .... "let them have their way and let them steamroller over anything that gets in their way; even if they could cause systemic global economic problems". Personally I would rather just nip the problem now, rather than wait until the damage done is too great to repair. MB