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Politics : Welcome to Slider's Dugout
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To: maxncompany who wrote (2806)10/16/2006 2:12:16 PM
From: Box-By-The-Riviera™  Read Replies (1) of 50190
 
oh contrare, i don't think slidell means an expansion at all.

quite the contrary. a contraction against higher rates, a strong dollar buttressed by those rates, higher taxes, thinner post ebita and more squeezing of the shrinking if not already non existent descretionary and capital spending. Not to mention, a cut in guberment spending. as it is, only the top tier of retail has anything to brag about, for example on the consumer side, the big fat middle class has been leaving the scene of the spree in droves over the last six months. wait until their card rates go higher and their mcmansion mortgage resets pinch them over and over in one long chinese water torture.

let's see who wins the house and senate on the political side in the last biggie before the prezidental primary takes on some colors.

billy.... don't be a hero.
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