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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (50862)	8/20/2001 5:25:40 PM
From: StanX Long	Respond to of 70976

FYI, I grew up in Yountville California, a little place nine miles north of Napa. Working in the families business (a restaurant), our mainstay customers were from the local Veteran's Hospital in our town. I grew up hearing the stories of W.W.II Veterans. Some were great some no so great. I knew a Soldier from the Flag Raising moment at Iwogima (Spell ??) The point that I am making is that I do not take likely the great sacrifice in W.W.II. As Churchill said, "never have so many, so much to owe, to so few" or something close to this. I know he was talking about the air battle over Brittian, but I fine this true with everyone involved with W.W.II. Again my point is (as a fellow Veteran of Foreign Wars, VFW), I have great respect for anyone in any army who is willing to stand up for something they believe in and to use their life if necessary. This is like policemen now-days, another example of great people willing to sacrifice. We sure need people with convictions like these people I've mentioned :0) Stan

To: StanX Long who wrote (50862)	8/20/2001 6:35:52 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

Mike the Amateur Economist taking a stab at a theory--Be Kind, I did go to the University of Chicago for grad school and roomed with 2 business/economics majors. And Milton Friedman was once a guest in our apartment. 1. Longer term rates are too high. We need mortgage rates in the 5's causing another round of refinancing and new purchases. Refinancing unlocks new equity gains and this gets spent and invested. Two good things for us. 2. Dollar needs to be weaker thus aiding exports but more importantly it moves capital. Some say capital moves out of US to places with higher interest rates. Yes to some extent that is true. However it overlooks asset shifts from treasuries to stocks and which market would you buy today? USA To achieve 1&2 which both help the market, AG should cut rates 1/2 EVEN if it is unsettles the market in the short term. Combine this with Ian's bias change and as the great Jackie Gleason used to say "and awaaay we go"