Gene Sperling, the White House's chief economic adviser, accused Dubya of "talking down the economy for short-term political gain."
Has Sperling had his head in the sand while large high-tech corporations and dot-coms report sinking profits and lay off thousands of people just in time for Christmas? The growth of the country's gross domestic product has declined to an anemic 2.2 percent, its lowest rate since 1995.
It's just more sour grapes from the Democrats, folks. Now they're accusing Bush of spreading economic hysteria.
The Clintonistas are getting a bit edgy about the Bush team talking about our economy. Some of Clinton’s economic advisers, Gene Sperling in particular, are suggesting that the Bush team is doing our economy a disfavor by making comments about the current slide in the stock market and the slowdown in economic growth.
Are these guys serious? How many times did Clinton mention the so-called Reagan-Bush recession? It was a principal plank of his platform! Trouble is, it was a lie! Our economy had been growing steadily for over a year before Clinton was elected, but it didn’t stop his economic demagoging.
Now the shoe is on the other foot. Now it is Republicans who are pointing out that Microsoft has lost 62 percent of its stock market value since Clinton singled this bellwether economic company for legal action. Growth has slowed, the stock market is heading steadily down, and the Clintonistas are whining because Republicans are talking about it.
Is the White House trying to push the stock market down?
Back when Robert Rubin was secretary of the treasury, he created a system that would use federal resources any time the stock market dropped below certain fixed points. Top federal officials and Federal Reserve Chairman Alan Greenspan made up the team nicknamed the "plunge protection team," which would convene to coordinate a government response to maintain market stability.
Among their strategies, according to some market analysts, was to move funds into Asian markets overnight following a stock market drop in New York. Putting funds into Asian derivatives would attract day traders to the New York Stock Exchange.
So now there's speculation that Bill Clinton may have pulled the plug on the "plunge protection team." Not because it's the holidays, and not because the team's usefulness has passed. We're talking about Bill Clinton's and the Democratic Party's hunger for revenge against George W. Bush and the Republicans for taking their seat of power away from them.
Would Clinton do that? Would he hobble the economy by disconnecting a stabilizing economic force?
You're damned right he would! This cretin would do anything to make himself and the Democrats look good and the Rebublicans look bad, even at the expense of your investment portfolio. Democrats have already shown how far they'd go to throw an election, so why should we think they'd never try to throw a monkey wrench into the nation's economy?
Make no mistake about it, my friends. The Democrats want to take Congress in 2002, and they'll stop at nothing to get what they want. Even if it means you lose your job to a stale economy.
You tune in the morning shows and all you seem to hear about is this hyped, staged event.
So she’s getting married again? So what? Do any of you really think that marriage means anything, other than publicity, to this woman? Does anyone really think that this is a "’till death do us part" situation? Does Madonna really plan to spend the rest of her life with this guy?
She can’t get a hit record, her concerts don’t sell, and she needs a publicity boost! What better way than to spend a few million on some phony wedding at a castle in Scotland to get the international media panting after you.
This morning ABC News was wondering what the groom (don’t know his name, don’t care) would be wearing under his kilt, who would design Madonna’s wedding gown, who would be the maid of honor.
Who gives a damn? And if you do, you need to get a life.
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