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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (338580)1/6/2003 3:04:02 PM
From: Baldur Fjvlnisson  Read Replies (1) | Respond to of 769667
 
S&P stocks are already paying out 53% of their earnings.

The yield is under 2%.

Yields have only two ways to rise - either companies have to earn more money, or stock prices have to fall.

Considering the cuckooland "earnings" of U.S. business (earnings have actually been declining since 1997) and the monstrous debt loads + rampant deflation being imported from Asia + a bankrupt consumer - the latter is highly likely.



To: American Spirit who wrote (338580)1/6/2003 3:18:23 PM
From: J.B.C.  Respond to of 769667
 
>>Who will not spend it.<< Says you? If they instead save it, what's the problem with that? How about we give a rebate to low income cocain junkies, which terrorist group benefits?

Jim


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