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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (60537)	5/24/1999 10:49:00 PM
From: ForYourEyesOnly	Read Replies (2) \| Respond to of 132070

Agreed! As long as the manna from heaven continues to flow, no one will complain. That is why it will be interesting to watch if the deflation scenario really happens. My assumption is that the politicians would NOT want the deflation scenario. They would probably like to keep the bull alive FOREVER..... What can they do to push in that direction? More surprise rate cuts? "Invest social security funds" (where are they?) in the stock market? Any chance they will be able to get their hands on the SS money? Or will they just make "bold statements" about it just as the market looks like El Tanko? THC

To: Knighty Tin who wrote (60537)	5/25/1999 7:09:00 AM
From: Tommaso	Read Replies (2) \| Respond to of 132070

I was thinking about posting to the DELL thread, but there really is no point in disrupting a Klan meeting. The remarkable thing is that DELL is still priced high enough so that anyone lucky enough to have bought it a couple of years ago can get out with a huge profit. But if they don't do so right now, they may have to wait ten years to get back to this level--they could be riding a CompUSA (which is still a hell of a good computer store). I suppose most people on the thread will have seen the WSJ article on the Internets. I wonder how long it will be before the Journal and everyone else recognizes that the markets on the whole have been priced like speculative high-fliers of the past.