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


To: B.K.Myers who wrote (4072)2/24/1999 1:49:00 PM
From: Jeff Mizer  Respond to of 9818
 
All but cheeky : CIA warns congress about Y2K

cbs.marketwatch.com



To: B.K.Myers who wrote (4072)2/24/1999 1:51:00 PM
From: Jeff Mizer  Respond to of 9818
 
"one of the most serious and potentially devastating events this nation has ever encountered," Wash. Post article



To: B.K.Myers who wrote (4072)2/24/1999 1:52:00 PM
From: flatsville  Read Replies (3) | Respond to of 9818
 
B.K.--I wouldn't necessarily assume that $200 billion is a misprint.

Koskinen made a weird statement about a week ago re: "we can print more bills faster than they can take them out." I thought it was an insane comment to make. Even with the plan to print the additional $50 billion the estimated greenbacks available was only about $2,000 per household. I was certain he'd gone woo-woo.

Message 7853771

Yesterday Alan Greenspan in his Senate testimony alluded that there would be plenty of money to go around. Perhaps there is a plan to increase that $50 billion to $200 billion.

Well...the cat's out of the bag now. The word is official...Trouble dead ahead...Even the "bump kins" may find it hard to paint a happy face or smack a happy patch on this...but I'm sure they'll try.