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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (7160)	9/23/2002 1:30:02 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

spoken like a true biased Democrat Bush had nothing to do with: - 1990's strong dollar policy - Federal Reserve monetary bottomless well for S&L, Peso, Asian Meltdown, Russian default, LTCM, Y2K non-Snafu, and Latin defaults - corporate exec mgmt largesse - phoney proforma accounting - US Debt addiction - collapsed stock bubble - abandonment of Bretton Woods (Nixon) get a grip, good buddy Bush bears 5% responsibility for current situation he owns for trade tariffs, war footing, both of which I expect to backfire just yesterday I read that steel tariffs have resulted in higher prices and shortages imagine how much worse off the economy would be without the tax refunds last year, which were 1/3-rd the size of the typical Democrat tax cuts, refunds, whatever package they arrive in the pattern I have noticed in over 15 years of watching is that Democrats have had the worst economic policy, and provide the worst economic criticism in general, they are Democrats BECAUSE THEY FLUNKED ECONOMICS with their response to take what they cannot produce thru enlightened and constructive economic policy but I digress between lunch belches, with tuna morsels on my face I dont like what is going on with the Iraq/Afghany axis of clueless Islamic pursuit but you guys would not understand economics if it were drawn with crayons / jim

To: stockman_scott who wrote (7160)	9/23/2002 1:43:08 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

as for Leading Econ Indicators, maybe the stock market will catch up to the economy ??? does anyone remember this lunatic promotion in July ??? the stock market descended and CNBC paraded out WallStreet sellside morons who expected the economy's strength to lead the stock market indexes higher WHAT UTTER HERESY AND LUNACY here we are, two months later, with economic news weakening, corp guidance eroding, bank system faltering my take is that the economy will continue to decline, as the stock market augured this past summer dont pay attention to the August cover rally, jet assisted by the Plunge Protection Team damn, PPTeam sounds like some sexual contraceptive team of doctors the next curve ball comes in a month or two, with the bonds peaking, the dollar turning down, and rates reversing, much to the consternation, dismay, and confusion of the inept economic crowd of moronic policy makers I call the FOREIGN VETO this veto might contain a Bush-Cheney-Rumsfeld component it will certainly contain a large GreenSpasm component / jim