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Strategies & Market Trends : Galapagos Islands

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To: Original Mad Dog who wrote (45491)	7/31/2003 2:31:51 PM
From: Augustus Gloop	Read Replies (1) of 57110

100% agreed. To Blame Bush one has to ignore business cycles, market direction before he took office and the many transgressions of Corporate America that took place or started well before he was elected. Now I'd be a liar if I said that I thought Bush was doing a GREAT job with regard to the economy. However, he faces issues that no other president has faced in modern times. The combination of the above mentioned items and terrorism that took place in our national financial district coupled with the need for a response to those events are IMO unique from past economic problems. I guess one thing that bothers me is the whole idea of cutting checks after the fact like we did 2 years ago and are currently doing. I'm not sure thats the most efficient way to stimulate things. Personally I'd like to see a "FICA Holiday" period that would result in the same amount of money being distributed but the cost would be far less than printing and mailing checks. Hell....I don't know if it would work but thats what has been going through my mind as an alternative to cutting checks

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