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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (153051)	10/10/2002 9:14:02 AM
From: Dan3	Read Replies (2) \| Respond to of 1584984

Re: Perhaps you would like to list a few things Mr. Bush has done that CAUSED this economic downturn The main one was his tax-cuts. Bush's cuts reduced revenue for the government, and transferred most of that money to a small number of taxpayers who were already quite wealthy. So the "tax-cuts" were diverted largely into bad investments, Italian marble bathroom floors, and German built cars. He either should have made no tax cuts, providing the government with some fiscal breathing room, or cut payroll taxes. Cutting payroll taxes would have diverted that revenue to second phone lines / new cell phone subscriptions, Minnesota plywood floors, and domestically built cars - keeping the economy strong. I would suggest that the recent tax cuts be reversed, and that, instead, payroll taxes be cut in half - by eliminating the half that workers see on their paychecks. Social security can be funded from general revenue (which has already spent the imaginary "surplus", anyway).

To: i-node who wrote (153051)	10/10/2002 10:13:15 AM
From: tejek	Read Replies (2) \| Respond to of 1584984

We go down and IT IS the president's fault. This is a stupid remark. Stupid? The buck stops with the president. Do you not get the concept? Perhaps you would like to list a few things Mr. Bush has done that CAUSED this economic downturn. Or a few things he should have done but didn't. Its what he hasn't done. And no, I am not about to list the reasons.....it should not be necessary at this point.

To: i-node who wrote (153051)	10/10/2002 11:22:39 AM
From: tejek	Read Replies (4) \| Respond to of 1584984

We go down and IT IS the president's fault. This is a stupid remark. If you liked the above, you will love the following and probably think they are even more stupid: For the first time in its history, KSS reports negative same store sales for September........and warns for the first time. BTW those same store comparisons include the days after 9/11 where no one left their homes, let alone shopped. So much for the consumer holding up this economy. F is crumbing and about to go under. Currently, it is trading at $7. Just in case you don't know what F stands for......that's Ford, our second largest car maker. Its sitting on a ton of debt and its feared it will default. I am trying to remember what O'Neill or Bush are doing about it...oh, wait, nada. Let me try to remember what they are saying they are going to do about it.........oh, wait, nada. Let me try to remember what they are even saying about F.......oh, wait, nada! JPM is at $15 and not likely to make it. One of our largest banks......its default and collapse while not as serious as F is still a major problem. Let me recall what the gov't is saying about this problem.........oh yeah, NADA! The airline industry......never mind, its too depressing! The utilities, an industry dear to our president and essentially one of the hearts of TX is near collapse. Yesterday, the utility index was down to its 1983 levels......that's right, 1983. Not to worry, the index can fall further. These are just some of the many problems that have been begun to surface under this president's watch. Frankly, I would love to sit back and watch it all unfold for he would be getting his just desserts, having wrapped up his butt in Iraq so badly that nothing else is getting done. However, I have an economic stake in this mess, and really wish that the president would start getting presidential and do something other than threaten a two bit dictator. And btw, by the time that two bit dictator gets around to using his WMD, there may not be anything to use them on.