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

To: SOROS who wrote (9685)	11/21/2002 3:38:55 PM
From: Jim Willie CB	Read Replies (8) \| Respond to of 89467

and ATML chips from 90c to 2.20 (guessing) Droke's 321gold.com article on real estate was expert read it yesterday he expects stocks to run until mid-2003 but to hurt real estate then later in 2003, both stocks and RE are in decline makes sense he uses the air mattress analogy I say the entire economy follows two things now: the dollar -- which directs capital flows real estate -- which directs consumer spending got two new Indictments of Economists in my article underway it is 90% done #11 Deceptive Indoctrination on Economic Definitions #12 Negligence during Pillage of National Gold Treasure having fun this market is silly, desperate, but they are also having fun let them, since next year, the recession takes a vicious bite who knows when the crash comes? maybe in Feb? in April? who knows? who cares? I have a life to lead, a pathetic one, but it is my life / jim

To: SOROS who wrote (9685)	11/21/2002 4:22:59 PM
From: Softechie	Read Replies (2) \| Respond to of 89467

History repeats itself in one form or another...I'm waiting to short this rally big time...

To: SOROS who wrote (9685)	11/21/2002 10:17:45 PM
From: westpacific	Read Replies (1) \| Respond to of 89467

The US is roughly $20 trillion (that's trillion) in the hole, according to Peter Fisher, the Treasury's under-secretary for domestic finance. Said Mr. Fisher, "Think of the federal government as a gigantic insurance company with a sidesline business in national defense and homeland security. This particular insurance company, it turns out, has made personal promises to its policyholders that have a current value of $20 trillion or so in excess of the revenues it expects to receive. An insurance company with cash accounting is not really an insurance company at all," he added, "it's an accident waiting to happen." And this from the guy who's chief job is to sell US Treasury debt? What the devil is going on? Well, nothing that's very different. What Peter Fisher it telling us is that the whole Federal government's financial structure is unsustainable. Then how will it work out? I guess the government will either declare bankruptcy or print the nation out of its problems. Gold anyone?