Clinton's presidency seemed to be going down the tubes in late August '98, after his disastrous appearance on TV admitting that he had lied. Then he showed up in NYC, appeared at the UN and the CFR, and no doubt met with a lot of leaders of big finance, and his presidency gradually seemed to recover after that. I wonder what deals he struck.
By the way, what was that timing of Rubin's bailout of that big hedge fund in '98?
Clinton's presidency seemed to be going down the tubes in late August '98, after his disastrous appearance on TV admitting that he had lied. Then he showed up in NYC, appeared at the UN and the CFR, and no doubt met with a lot of leaders of big finance, and his presidency gradually seemed to recover after that. I wonder what deals he struck. In my opinion, what we're seeing is the collapse of what was supposed to be a 16-year plan. Remember, Gore was supposed to win in 2000, thereby propping up the Clinton machine for another eight years. Since Bush won, the wheels came out from under the machine, and the markets that Clinton manipulated (through a lax SEC and insider dealing) are now correcting.
-PJ