[Lazamataz]

If the bad economy of the late 1970s is (justifiably) blamed on Carter, why isn't the successful economy of the 1990s credited to Clinton?

I call the Clinton years, the Cocaine Economy. Sure, it felt good, but in the long term it was deadly.

The ramifications of the Decade of Fraud are that we had a good stock market while businesses all overstated earnings. Your guy, Clinton, taught the business community that there were no ramifications to lying under oath. The CEO's learned the lesson well. So they lied in the Prospectus' and in the Yearly Earning Reports.

RIGHT NOW is the Clinton Economy, because RIGHT NOW is when all the fallout is happening from the Decade of Greed.

So put that in your crack-pipe and smoke it.

[OK]

I call the Clinton years, the Cocaine Economy. Sure, it felt good, but in the long term it was deadly. The ramifications of the Decade of Fraud are that we had a good stock market while businesses all overstated earnings. Your guy, Clinton, taught the business community that there were no ramifications to lying under oath. The CEO's learned the lesson well. So they lied in the Prospectus' and in the Yearly Earning Reports. RIGHT NOW is the Clinton Economy, because RIGHT NOW is when all the fallout is happening from the Decade of Greed. So put that in your crack-pipe and smoke it.

Laz, that was the best explanation of the '90's I have ever seen. Bravo.

[rohry]

"Your guy, Clinton, taught the business community that there were no ramifications to lying under oath. The CEO's learned the lesson well. So they lied in the Prospectus' and in the Yearly Earning Reports."

Well said. Also, not generally recognized, was the concerted campaign by Rubin and Summers to trash gold (by leasing it at 1% per year through the BIS) in order to make it seem as though there was no inflation and to boost the value of the dollar by 40%. That is all unwinding now as the dollar starts to drop back where it should be and foreigners withdraw their money.