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To: lorne who wrote (28953)	2/25/1999 12:30:00 AM
From: Robert Sechrest	Respond to of 116833

I for one agree with David Cohen's letter. One of the very few issues of Time I have ever bought has been the "Committee to Save the World" one. The article's contents told me nothing that we didn't already know, but it's appearance speaks volumes about the current state of the financial system, as an excellent contrary indicator. This one is going to be a collector's item once it is generally realized that the markets are much bigger, and in their own way, wiser, than the Three Musketeers (Greenspan, Rubin, Summers). The fat lady's warming up and may start singing anytime now. Many of today's most treasured investments will be laid waste, and gold will eventually surprise a lot of folks. Regards, -- Robert

To: lorne who wrote (28953)	2/25/1999 5:43:00 AM
From: Bobby Yellin	Read Replies (3) \| Respond to of 116833

thanks for the link... I listened to some of Greenspan's testimony..He just typifies the current age..He accepts no responsibility for the negative effects of his governmental intervention policies.which continually bailout Wall Street and sweep more money into fewer hands.Yesterday I heard somebody question him about corporate heads getting 200 times what their workers are getting..he blamed it on shareholders..I guess he blames the destruction on so many of the emerging countries citizens' quality of life on themselves..I guess he blames the over 41 million US citizens for not having health insurance..but I guess he gives kudos to all the american corporations who have increased their productivity..(and who have cut costs drastically by removing benefits,safety nets,morale, pension plans which have been probably the primary fuel for this bubble) I could be wrong..quite easily..but with the advances in technology which made possible the internet..and all the exploding businesses online..plus necessary remediation by companies for year2000 etc.. nature would have taken its course..without the bailouts of all the financial types. I felt sad when I heard somebody yesterday ask him why he was against minimum wage of 5.50 when corporate heads are making such vast sums.. anyways..I am guessing that Brazil will be dumping a lot of commodities and gold will head south... looking for articles concerning recovery of Asia..then gold will up..guessing again bobby