[speaker001:] Alvin
[speaker002:] yes  uh I guess I basically consider consider mykelf kind of conservative uh Republican how about you
[speaker001:] um I'm more of a liberal or at least uh in between moderate more of a Democrat
[speaker002:] huh okay uh uh what do you think about the Bush and the economy
[speaker001:] um the economy is is doing badly and Bush isn't looking good as a result
[speaker002:] I think I heard today that he finally admitted we are in a recession uh it's it's long time forthcoming for him to say that
[speaker001:] at well well the recession started a long time ago question is is when whether and when it's going to end or has it ended yet but it's the economy's certainly not healthy
[speaker002:] especially down here in Texas where we had a big a bunch of problem with real estate down here and savings and loans
[speaker001:] and if yes that's been one of the areas for for for problems in that we've had it more lightly in that respect but not without without uh without significant problems uh I think it's Perpetual Savings Bank went under here it's one of the biggest in the area
[speaker002:] yeah hell we've had so many changes of banks here in Texas that uh the names of them are no longer the same they got one called NCNB and we're supposed to think of it as NCNB and not North Carolina National Bank but
[speaker001:] oh oh that's part of the recent merger
[speaker002:] oh yeah it's merging with uh something else from the south and gonna be First Southern or First National or something I don't know  anyway I think the solution in my opinion is to have something political to talk about is for the government to get out of business and leave us alone rather than get into business what's your feeling
[speaker001:] uh I'm not sure but what um what that's intended to to mean uh and
[speaker002:] uh regulations controls
[speaker001:] um as a whole I'd rather avoid government regulations and controls ah ah some are some are necessary and I mean in some ways what we're going through now is reaction to to all that developed during the eighties
[speaker002:] yeah look at the airlines they they were probably doing pretty well back in the sixties and seventies making a profit or least getting government support once they pulled out the controls look how many went under and say bye-bye
[speaker001:] yes that's certainly true I'm not sure whether it's bad or not um my sense is that
[speaker002:] ah
[speaker001:] that airline costs costs of flying are still are lower still lower today than they were before all this began um but we can maybe reach a point where there the number of participants in the field is too few and uh where where government oversight uh is needed
[speaker002:] and trucking industry when they pulled the plugs away from from that a lot of the safety that used to be in force disappeared the independent truckers will run on thin tires and they'll stretch the hours and they'll do without insurance and they and I think that when it was control there was better safety but I don't know if the accident ratios will prove that out or not
[speaker001:] I guess I don't know either but I there is a role for safety regulations likewise in airlines and I think for the most part though that that's uh continued for the airlines the safety record today is as good or better as it was in the seventies
[speaker002:] change of subject let's jump to Russia what's the feeling over there on the east coast about what's Russia doing and
[speaker001:] uh well I guess the feeling as much as I hear by is that uh Gorbachev is is is done for unfortunately oh unfortunately in a way at least everyone admires him uh but uh the future is with this this coalition this whatever it's called infinite um commonwealth uh with with Yeltsin
[speaker002:] yeah I wonder if Yeltsin knew how far it'd go when he climbed on top of that tank actually it's amazing if that one little soldier pulled the shit trigger and shot his head off I wonder what would've happened
[speaker001:] yes things would be different
[speaker002:] it would be it would've been a total different one little soldier probably nineteen year old boy decided whether Russia communism failed or made it well maybe I'm too far off in saying that
[speaker001:] well it would've it would've made a difference had there been violence ah the old regime still wouldn't have survived but it was it was to been bloodier than it's been through this point
[speaker002:] hey I wonder what happened to all that gold over there you heard that one haven't you
[speaker001:] the rumor is that much of it has been expended
[speaker002:] gone spent
[speaker001:] ah
[speaker002:] you said expended oh it's been spent then
[speaker001:] um they were rumors I I don't know what's happened
[speaker002:] I don't either uh I don't either ah wouldn't surprise me if some of the guys