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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (38021)	6/20/2001 5:10:19 PM
From: Mannie	Respond to of 65232

That was some budget surplus we had wasn't it, Stomper? Wow. .....don't count your chickens before they hatch....that is a basic lesson. What a circus of fools we have minding the store. Thanks for the post. Scott

To: stomper who wrote (38021)	6/23/2001 10:43:01 AM
From: Jim Willie CB	Respond to of 65232

oops, there goes the federal surplus this should lead eventually to a slight rise in longrates as the govt now will compete as suppliers of debt I marvel at the ignorance of Democrat tax equation forecasters they base their entire forward estimates on "static principles" e.g. no change in tax receipts coming in e.g. no change in worker incentives and new incomes e.g. no change in new company formation e.g. no change in corporate investment in new equipment NOTHING WILL STAY THE SAME WITH NEW TAX STRUCTURES the onliest thing to confuse me is the 7-10 yr phaseins this will result in very slow gradual change on positive side the negatives will increase steadily while the positives will be slow to respond and kick in nice move, lamebrain Democrat Congressional Resistance team Democrat fiscal brain trust reminds me of truants pissing in their own small swimming pool just when Congress needed almost immediate tax incentive to spark economic recovery, Dems put obstacles galore in place next up on the surprise calendar: near disappearance of the federal budget surplus by 2002 the ironic psychotic twist will be the Democrats saying "I told you so, blaming Republicans for recessionary deterioration" incredibly shortsighted incredibly predictable incredible historical precedent in missing all past tax incentive evidence / Jim