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To: sammaster who wrote (126614)10/1/2001 2:51:35 PM
From: oldirtybastard  Respond to of 436258
 
I hope so, I mentioned before that in a perverse way the WTC thing has given the individual a stimulus to rein it in, as he/she should be, rather than going balls to the wall with their personal balance sheets. I think this will make the coming time a little bit easier for some as they were jolted back into sanity. The argument that the WTC thing hurt the economy is really an argument that the tragedy made people see what they already should have seen, and made them act accordingly; it's an argument for denial by those who need excuses for their bad business decisions. F corporate America, let them sort it all out. I'd rather the gov't spend the cash public works, or more appropriately put a few more willing workers on the job to fix the damn highways, than try to help out the private sector and destroy confidence, free markets, and much more by the time they are finished.



To: sammaster who wrote (126614)10/1/2001 3:00:36 PM
From: yard_man  Respond to of 436258
 
and save the banks -- AGAIN --



To: sammaster who wrote (126614)10/1/2001 3:16:02 PM
From: John Graybill  Read Replies (2) | Respond to of 436258
 
That was indeed part of "the party line" just before the markets opened on 9/18. I saw at least two clowns on CNBC and CNN practically shouting, "if you have a CD maturing, look at the interest rate you're gonna get if you roll it over! Three percent! Buy stocks with it instead, do your patriotic duty!" Disgusting.