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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (14431)12/19/2001 7:23:11 PM
From: mishedlo  Read Replies (2) of 99280
 
Zeev - any comments on the question from Shoreco and my reply to him? What are they trying to accomplish with this giveaway. How does this fit into your model. I do not see this as stimulating anything that needs to be stimulated, and a lot of what does not need to be stimulated.
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From Shoreco on SI
The stimulus package ?? Is anybody here familiar with the contents of that package? I just heard on CNBC if it passes that American Corporations will get a 15-year tax refund ?? Is this true, they also said IBM alone would get 1.4bil and even Enron would get 250mil..
This is scary, someone help me out here.
Shoreco
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Does someone have the details - I agree this is damn scary and will do NOTHING to stimulate the economy. NOTHING NOTHING NOTHING

It will do worse than nothing in fact.
It could go into more capex, producing more supply that is not needed.

Why can't these idiots do something sensible like eliminate capital gains tax instead.

SH*T!
M
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