Re: Just watched 14,000 barrier broken

Back in the 1990s there was so much capital around that we had a tech
bubble. So, I guess, there is something to be said about a government that
spends like maniacs without regard to revenue.

--
Lubow
"Dr Tormento" <reply@xxxxxxxxxxx> wrote in message
news:Xns99707F33133B9rforschrcncom@xxxxxxxxxxxxxxxx
"lubow" <lubow@xxxxxxxxxxxxxxxxxxxx> wrote in
xE7ni.4276$s25.1728@trndny04:">news:xE7ni.4276$s25.1728@trndny04:



Wall Streeters remember very fondly the days when the Federal
government was paying back the national debt and no was longer
competing with private industry for investment capital.

ROFL! Investment capital is now so scarce the cash takeovers are limited
to $20 billion each.


.

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