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Pastimes : A Jackass, his PAL(indrome), and GOLD
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To: tonka552000 who wrote (47)1/7/2003 5:24:46 PM
From: Jim Willie CB  Read Replies (3) of 1210
 
no benny to dividend provider
well, depends on the tax break
if double taxed, then eliminate the tax on provider
or else eliminate the tax on receiver
one or 'tother

I have a growing feeling
no, it is not in my pants
that CNBC is attempting to provide more balanced bear views
they could sense here that their demise might rapidly come front & center if a bear hits us with a surprise in 2003

in my view, CNBC goes off air when bear is done clawing
that happens quickly or slowly, doesnt matter
it happens with public's abandonment of stocks quickly
or with their torture slowly
doesnt matter
the near 60% participation in stocks by Americans cannot be justified by logic
it is not a savings program, a pension plan, or anything resembling such
thus it will end badly for the unsophisticated, the naive, the illiterate
which might be the great majority

/ jim
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