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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%Nov 26 4:00 PM EST

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To: Berney who wrote (21054)7/25/1999 8:48:00 AM
From: HairBall  Read Replies (4) of 99985
 
Berney and All: Well, I agree there really is no surplus. I have always felt that way. But the last thing we need is for the government to start spending it. They always spend about 150% of any tax increase and Clinton has already proposed to spend increases that are about 150% of the supposed surplus. Then with what is left over <gggg> he says government can pay off the national debt.

The last time in history any thing like that was accomplished was a section in the new testament of the Bible, where Jesus fed the multitudes with a single basket of fish and bread.

Clinton ain't no Jesus....

I am a life time member of the RNC because I believe it is the lessor of the two evils. Actually if I thought they would ever have a chance, I would go back to supporting the Libertarians.

This is my last entry on the subject, as I get tired of Republican bashing. This country managed about 150 years without a payroll tax and we have the Democrats to thank for having one for the last fifty plus years. With the few give away programs first started in the 30's and then dramatically increased by Johnson's "Great Society" program in the sixties, the end result is the country has as many if not more poor than it ever has. And the African American family unit faired better during the slavery days in this country, than it has since welfare.

Both of the main parties are guilty and both bare responsibility. Government has become too big and too intrusive. It is time to cut it WAY back.

Now, if anyone wants to continue this discussion and feels compelled to reply to my post, please start a new thread and I will be happy to answer any replies there. Just post a link to your reply to me here and I shall respond on the new thread.

Please, allow this thread go back to Market Direction Analysis today....TIA.

Regards,
LG
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