Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Jim Fleming who wrote (5163)	6/20/2001 9:50:18 PM
From: westpacific	Read Replies (1) \| Respond to of 74559

The tax cut, Bush flat out lied, there was no surplus. TMTA, the co-founded and broker MLCO lied one week ago on guidance. The result - folks lost 40% of capital. The result, no one is telling the truth, not Wall Street, not your leaders, not the FED, not the talking heads, not the cheiftans of industry. THIS IS NOW ONE BIG PONZI scheme. Then again it has been for some time. West

To: Jim Fleming who wrote (5163)	6/21/2001 1:26:00 AM
From: TobagoJack	Read Replies (3) \| Respond to of 74559

Hi Jim, Classic class act ... borrow the money (from Japanese), pay tax cut to Americans, dilute loan with inflation (stiff Japanese), dilute purchasing power with same inflation (stiff Americans), encourage via multiplier for consumers to spend same tax cut, ruin balance sheet, thus having to work more years, and not collect Social Security, which isn't there anyway. The only missing act is "raise taxes", which will no doubt happen, as sure as equation of time (fancy way, or Greenspin way of saying "night follows day"). Well, Jim, you are right, and that was fun:0) Chugs, Jay