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To: mishedlo who wrote (212929)1/7/2003 9:54:28 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<Average married couple will save about $1,200 a YEAR on their taxes. Now, I know $1,200 is nothing to sneeze at, but considering that that is the HIGH END of savings more than likely, that seems pretty peanut butter to me!>>

I framed this point for Mrs. Patron this morning, so as to budget our "windfall" appropriately and head off any attempt by her at "conspicuous consumption". This comes to about 3 bucks and change a day. So the only question is, does she get the free Latte from StarBux every morning....or do I? (No extra shots of espresso, we can't afford it)



To: mishedlo who wrote (212929)1/8/2003 12:02:26 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 436258
 
What bugs me most about this proposal is I can't see that anyone thought this through yet.

We have numerous cities and states facing a HUGE cash crunch this year and probably from here on out for a few more years at least. California is going to be in the red about 64 Billion, Idaho is pretty nasty also. These guys are going to need to float some bonds to keep operating.

Now who is going to buy a tax free muni at 5% if they can load up on trusts and REITs paying out 8% tax free.

Also, if we are running a deficit of 500 Billion per year now, and this plan according to the headlines is 670 Billion, are we going to ramp up the deficit at a 18% pace per year from here on out until things improve?

Has anyone ever said this is going to end so bad yet? -ggg-

==========

Anyone toy with the new SI forecast tool they PMed us about? I loaded in 10 tickers and not one was forecast to go down. Good thing the majority is always right in the market or I would think we might be in trouble to break that 4 year down trend thing.

Good Luck,

Lee



To: mishedlo who wrote (212929)1/8/2003 9:25:47 AM
From: Oblomov  Read Replies (1) | Respond to of 436258
 
>>This is going to CURE all our economic ills, right?

I hope not.