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


To: Captain Jack who wrote (5867)5/29/1999 9:16:00 PM
From: C.K. Houston  Read Replies (2) | Respond to of 9818
 
What's this guy's agenda??
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"we've told our local governments and our state governments that they need to be prepared to handle emergencies on their own, since the federal government can't be everywhere dealing with every problem in light of the large number of problems that we are likely to have" ...

"we should also obviously expect that we will have a large number, possibly, of what would be manageable failures taken one at a time, which will overwhelm the normal emergency response processes when they happen all at once." ...

"we've asked FEMA to... make clear to the state and local emergency managers ... that those local governments should not assume that the federal government and FEMA will be able to come to their assistance no matter what their problem is, because we may have so many problems in localities across the country that we can't be everywhere at once. "

John Koskinen, Chair - President's Council on Y2K Conversion
Transcript, APEC Summit, May 4, 1999
United States Information Agency
pdq2.usia.gov@pdqtest1.env?CQ_SESSION_KEY=YLWXNVIGNNZM&CQ_QUERY_HANDLE=123990&CQ_CUR_DOCUMENT=1&CQ_PDQ_DOCUMENT_VIEW=1&CQSUBMIT=View&CQRETURN=&CQPAGE=1
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Of course he didn't say it in the U.S. Instead, this is what he says to the masses:

John Koskinen, chairman of the President's Council [says] Personal preparedness for transition to the Year 2000 is no different from ways you prepare for the usual winter storm. As always, you should have batteries for flashlights and radios, a three day supply of water and non perishable goods, and at least a half a tank of gas.
fema.com

Then again, maybe you're in that "72 hrs" of preparation camp.
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And he says this to the media:

"Actions that individually look logical ... Like filling up your gas tank on December 31, taking $1000 out of the bank, buying twice as many prescription drugs as you usually do, taking 20%-30% of your IRA money out of the market … A couple hundred million Americans all do that at one time and you've got yourself a major problem. ''

"..top priority is averting a 'public overreaction'' that could prompt a massive run on banks, gas stations and mutual funds ahead of the turn of the century."
dailynews.yahoo.com
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What IS this guys agenda, huh? Guess it depends on who he's talking to.

Cheryl

P.S. John - Out of curiousity ... with all of these accusations of motivation ... where do you think I fit in?