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Politics : Politics for Pros- moderated

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From: LindyBill	6/6/2006 1:26:58 AM
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Bush Derangement Syndrome: A Case Study This is a 'recommended' dairy at Kos, by a 'long-term investor' (snort!)…read it and weep with delirious hilarity… decision08.net Good God! Is Anybody Watching the Stock Market? by wmtriallawyer Mon Jun 05, 2006 at 12:58:26 PM PDT Dang. I guess it is too bad that we didn't get that whole Social Security privization thingy after all: Inflation fears sent stocks plunging Monday after Federal Reserve Chairman Ben Bernanke warned that the central bank remains determined to keep lifting interest rates until price increases are under control. The Dow Jones industrials were off 155 points in late trading. Make that nearly 200 points off as of 3:45 Eastern time. * wmtriallawyer's diary :: :: * No offense, but what does it say about the state of our economy that the slightest indication from the Fed Chairman with regards to inflation sends stocks plummeting? Or how about the fact that Iran says they might disrupt production of oil? Sends oil up, stocks way down. I'm a long term investor, to be sure. But frankly, when those lucky enough to have a 401(K) have nest eggs dependant on returns of this volitile market....oy. Not much else can be said. And yeah, I'm blaming Bush. That must make me some left-wing reactionary nutcase. Of course, I'm pretty sure the price of oil wouldn't be galloping into the $100 range if it weren't for Captain Cookoo Bananas hadn't stuck his fat nose into the Persian Gulf region. But that's OK...I guess I'll have my tax cuts and huge budget deficits to keep me warm at night. Grrrr... dailykos.com

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