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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Dave who wrote (8268)	7/28/2001 8:20:14 PM
From: t2	Respond to of 17683

Perhaps CNBC should go to local soup kitchens and ask what those people will do with their 300... I was thinking more of the average joe...or even the average CNBC reporter but not wealthy money managers. I would note that the guys in the soup kitchens will have far more interesting answers than the CNBC guests. Maybe hearing their comments will help traders/investors put their life into perspective. That could be meaningful.

To: Dave who wrote (8268)	7/28/2001 11:26:11 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 17683

Ask people in the soup kitchens what they'll do with their $300? I'd bet that if they're in the soup kitchens, they don't get $300 to do anything with. A local TV station did just that - interviewed people in soup kitchens. Simple fact: If one's income is low enough that he doesn't pay any income tax, his refund is $0. One woman was getting $16 back. She was terribly upset and angry. "Just a gimmick to benefit 'the rich'," she complained. It's just a matter of one's point of view. If you're unemployed or just a janitor or migrant farm hand at $5/hr, the grocery sacker at $7/hr is 'rich'. Why does he get all the breaks? If you're rich enough to invest in the stock market and lose money, why do you need special privileges like a $300 tax refund check? No matter how poor you feel you are, you're a 'rich' person to someone else out there. --Devil's Advocate signing off....