PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Emile Vidrine who wrote (320872)	11/17/2002 9:28:00 PM
From: Baldur Fjvlnisson	Read Replies (1) of 769670

Emile, I think it's much more than three trillion. And actually the stock market hasn't really started tanking yet. It's currently STUPENDOUSLY overpriced. S&P 500 core earnings (repeatable earnings, a.k.a. real world earnings) are currently around $20, this according to Standard and Poors', so the market is selling for 45 times real world earnings. And the dividend yield is 1.8%. So it'll all crash and the crack will be heard around the world. But nobody will be responsible or accountable for anything. The crims and their property the SEC garbage will lie and lie and lie. They'll lie as their bullet proof vests are removed and they're lined up against a wall.

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