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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (206916)	11/26/2002 4:02:54 PM
From: Tommaso	Read Replies (1) \| Respond to of 436258

Say, Earlie, I think you said some time back today or yesterday that short interest was down a lot from what it had been. How can I follow short interest any closer than waiting for the monthly reports from the various excahnges?

To: Earlie who wrote (206916)	11/26/2002 4:12:25 PM
From: mishedlo	Read Replies (4) \| Respond to of 436258

Look at this shit. Bush bails out reinsurance comapnies. Buffett must have donated mightily. Bush OKs Shield Against Terrorism Claims Under the bill, the government wouldn't step in on any claims less than $5 million. Insurance companies would pay a deductible in 2003 equal to 7 percent of the premiums they received the previous year. The deductible would rise to 10 percent in 2004 and 15 percent in 2005. The federal government would then cover 90 percent of everything above the deductible with insurance companies paying the other 10 percent. apnews.excite.com Isn't that nice? The taxpayers (us) protect Warren Buffett from large losses. (Buffett has been one of the spearheads of this legislation)

To: Earlie who wrote (206916)	11/26/2002 4:25:08 PM
From: mishedlo	Read Replies (2) \| Respond to of 436258

State of the State - Indiana From Caddman Pathetic is the best way to describe it. During the 90's boom we had almost an entire year budget in the bank. Stated purpose was to ward off an economic downturn. What happened? The legislature enacted over 30 pet and new spending programs, many perpetual that are now causing, only 2 years in non-boom economy, officially only a short recession, to have a short fall of $500-700M out of about a $4B budjet! Answer to the problem. Raise income tax 3.4% to 3.8 (12% increase), raise gasoline tax by .06/gal (42% increase), raise sales tax from 5% to 6% (20% increase). Reduced education spending. (State University tutition up 8-11% plus many added technology fees.) Reduced programs for the working poor. Reduced Medicaid. Substantial cutback on infrastructure building. On top of that, property tax assesment methods were ruled unconstitutional by the State Court a few years ago and now we are moving to a market price based system. Older homes will see a 50% to 100% rise and newer homes will see 0-15% rise in taxes in 2003. Now they are facing in the Jan. legislative session a forecast that shows them still $300M short. Now there is talk about selling bonds against the future tabacco settlement payments. 17 or 18 of the states are doing this. (Might not be a bad idea to sell bonds at low interest now and be in better shape if interest rates rise.) caddman Sad about all this, but glad we still don't have the tax burden in larger states!