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

To: patron_anejo_por_favor who wrote (208510)	12/9/2002 1:00:22 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

lol.. rally already beginning... buckle up.. space shuttle is about to launch.. i bot some more ARBA

To: patron_anejo_por_favor who wrote (208510)	12/9/2002 2:33:07 PM
From: mishedlo	Read Replies (2) \| Respond to of 436258

California Is at Fiscal Brink By JOHN M. BRODER nytimes.com LOS ANGELES, Dec. 8 — When times were good and billions of dollars in income tax payments were pouring in from high-tech millionaires, California lavished raises on state employees, expanded health care benefits for the poor, cut taxes on car licenses and invested heavily in education and transportation. Those days are over. With its huge economy stalled and state revenues plunging, California has descended into its worst budget crisis in a decade and is now facing an excruciating round of budget cuts and possible tax increases. State officials are proposing deep reductions in education, health services and other programs to deal with a budget shortfall that could total $25 billion in the next 18 months. "That's a hole so deep and so vast that even if we fired every single person on the state payroll — every park ranger, every college professor and every Highway Patrol officer — we would still be more than $6 billion short," said the Assembly speaker, Herb J. Wesson Jr., a Democrat. M

To: patron_anejo_por_favor who wrote (208510)	12/9/2002 2:40:26 PM
From: NOW	Respond to of 436258

If Bush cuts taxes big time again, that should be a signal strong dollar policy is dead, no? We must be close to spending limit here i would think even without another tax cut....

To: patron_anejo_por_favor who wrote (208510)	12/9/2002 3:01:27 PM
From: reaper	Read Replies (4) \| Respond to of 436258

12:50PM MBIA Inc responds to research report (MBI) 42.05 -1.78: Co has issued a press release in response to a "research report" issued earlier today by Gotham Partners. According to MBI, the Gotham Partners note "is not independent objective research but rather a negative advocacy piece by a hedge fund that has shorted MBIA stock and has also taken a speculative position in derivatives on MBIA-insured debt." MBI says it stands by the soundness of its book of business and the quality of its underwriting. the Company would prefer investors reference the excellent research reports penned by the Wall Street analysts who rate the company "Buy" as well as excellent writings on the company by Tom Brown. Cheers