PRESIDENT BUSH - UNFIT FOR COMMAND Message Board

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Politics : PRESIDENT BUSH - UNFIT FOR COMMAND

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To: Mephisto who wrote (447)	4/15/2005 12:00:52 AM
From: American Spirit	Read Replies (1) of 660

This stock market is inflated. Although Bush's tax cuts for the investor class have kept it float. The real estate market is also a bubble, so where is the money going to go? The stock market won't suffer a terrible fall, but don't expect any remarkable gains anymore. Those gains were all fueled by deficit spending, war and tax cuts (ie deficits). The consumer class is in trouble. Up to their necks in debt, any rise interest rates will screw them. Of course with Bush's bankrupcy bill, the banks can just take over everything a family owns, unless you're rich in which case you get protection. The middleclass people who voted for Bush are going to get a really sore awakening.

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