SI
SI
discoversearch

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


To: orkrious who wrote (10064)12/6/2002 11:20:26 PM
From: SOROS  Read Replies (7) | Respond to of 89467
 
A new movie is coming out. It's called "The Wizard of Wallstreet."

Starring:

Alan Greenspasm as The Wizard -- A shriveled, old powerless man hiding behind a curtain of hype and deceit.

Lawrence Kudlowski as The Tin Man -- A stiff, rusty old fart without a heart for others. Steals other's silver and only gives them paper in return.

James Crummer as The Scarecrow -- A loud, obnoxious, brainless wonder. Been known to play with his straw.

George Bushy as The Cowardly Lion -- A decent fellow who can't summon the courage to make his pride take its financial medicine. Rumor has it he has obsessive, compulsive disorder related to a Middle East figurehead and ignores all other rational thought.

Maria Bartitromo as Dorothy -- Asked for red, ruby slippers, but got red, ruby lips instead. Only says a few phrases -- "Buy more for mama" being her favorite.

Louis Rugeyser and his Elves as The Flying Monkeys -- Basically just in the picture to scare young children or anyone with eyesight.

Wallstreet Brokers and Analysts as The Munchkins -- They look like people, but they aren't. Their small size makes them adept at stealing people's money as they are being scard by the head Flying Monkey or concentrating on Dorothy's red lips as she speaks the word "mama" over and over.

The Dow, Nasdaq, and S & P as The Yellow Brick Road -- Looks great until you find out it ends at a shriveled, old powerless man hiding behind a curtain of hype and deceit.



To: orkrious who wrote (10064)12/7/2002 5:45:12 AM
From: smolejv@gmx.net  Respond to of 89467
 
...and you can highlight this - from the same source:

>>For the third quarter, Total Household debt expanded at an annualized pace of 9.6%, the strongest rate of growth since the 1980s. The Household sector added debt at a record annualized rate of $724 billion. For comparison, 1998 was the first year that Households increased their debt-load by more than $400 billion. During the third quarter, the Federal Government ran up debt at a 7.5% rate, while State and Local Governments borrowed at a 9.7% rate. The Corporate sector borrowed at an annualized rate of 0.2% during the quarter. Over three quarters, Household sector debt expanded at a 9.3% pace, and one has to go back 15 years to beat this rate. The Federal Government has borrowed at an 8.2% rate over nine months, the strongest pace since 1988. The Federal Government’s appetite for debt, though, is more than matched by their State and Local counterparts. State and Local government debt growth of 8.9% was at the strongest pace since 1987. Year-to-date, Corporate sector borrowings have expanded at less than 1%, the weakest performance since 1992....<<