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Re: GEN: Y2K EXTREMISM:Debt Myth Dispelled!


  • To: "Ira" <kohath@xxxxxxxxxxxxx>
  • Subject: Re: GEN: Y2K EXTREMISM:Debt Myth Dispelled!
  • From: "RAY RAFFURTY" <rrraff@xxxxxxxx>
  • Date: Fri, 23 Jul 1999 14:12:38 -0700
  • In-reply-to: <19990723155429.21318.qmail@xxxxxxxxxxx>

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Hi Ira,

You know the answer, it's creative accounting.

Or as our fearless leader would say; "It all depends on your definition of
is."

Have a great weekend.

                        Good luck and good trading,

                                    Ray Raffurty


----- Original Message -----
From: Ira <ist@xxxxxx>
To: kohath <kohath@xxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxx>; Howard Hopkins <hehohop@xxxxxxxxxxx>
Sent: Friday, July 23, 1999 1:43 PM
Subject: Re: GEN: Y2K EXTREMISM:Debt Myth Dispelled!


> How can there be surplus, projected or otherwise, if there
> is debt?  The last I heard the Government had $5+ trillion in debt and a
> PROJECTED surplus $1+ trillion.  As usual, the government doesn't have it
yet,
> but they are willing to spend it. Just some thoughts on my part.  Have a
good
> week end.  Ira.