Originally Posted By: Sicilian Babe


.....the surplus he inherited from the prior administration.



Yeah, the huge surplus that was left over from the Clinton years which was created by
the dot-com boom that arose during the 90's.


A dot-com boom which created a false surplus in both the economy, NASDQ and the dow jones industrial average. A financial "paper tiger."

A huge surplus during 90's that was created by "cooked books" from what was artificially pumped into the economy from what later turned out to be falsly profitable companies like ENRON.

Oh, and let's not forget another one from the Clinton era named Worldcom.

This all took place under the Clinton administration watch. wink


While I am not defending President Bush here when it comes to the economic practices that we've seen in this country over the last several years, please, let's not paint such a rosey and colorful picture that implies that President Clinton and his years in office produced such a real influx of economical value for us Americans. Try painting that rosey picture to all of those hard working people who lost not only their jobs, but their pensions and everything else that they worked so hard for while working for those dot-coms, Enrons and Worldcoms.

The financial and economical benefits of the 90's, during the Clinton years, only appeared to be so wonderful. The mid to late 90's appeared to be so wonderful financially because the dot-com boom appeared to be making billions and billions of $$$ along with the Enron and Worldcom type companies. The dot-coms turned out to be bullshit while at the same time the Enrons and the Worldcoms were cooking their books. And this all took place during the Clinton years, under his watch, and wound up collapsing as we started a new millinium. The dot-com dominated NASDAQ market spiraled downward in what turned out to be close to something like a $3 trillion loss. Workers saw their money dissappear and found out that they had worked all of those years only to wind up without either a pension or a health plan!

A false "surplus" that was "left over from the Clinton years" for the next administration to 'inherit" and clean up!




Don Cardi cool

Five - ten years from now, they're gonna wish there was American Cosa Nostra. Five - ten years from now, they're gonna miss John Gotti.