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


To: American Spirit who wrote (11276)1/8/2003 2:01:52 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 89467
 
just like mid-November, market knows the game is over
the 1.25% Fed Funds rate was a full 50-bpt cut
the market knows that low rates beget even lower rates
the market knows that stimulus is futile in this environment

market went down in summer/autumn of 2000 after the capex spending phenomenon ended
it had everything to do with capex, which is now extinct
it had everything to do with insane public speculation

energy prices rose across nation after shortages appeared
it had little to do with prez politics
it had much to do with energy policy neglect in 1990's
the 2000 California power brownouts might have eluded you...
when your head was up your arse

goodbye and good luck to you
it has been somewhat fun, but not stimulating in the least to argue with someone whose points are so adolescent and poorly assimilated
now on IGNORE
dont bother addressing messages to me
try attending a nearby college for some coursework
better yet, help in soup kitchens where the poor reside

/ jim