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To: reaper who wrote (215187)	1/16/2003 5:53:34 PM
From: patron_anejo_por_favor	Respond to of 436258

<<Bush's plan is now DOA>> I think you're right...some Republicans (McCain among others) have also voiced opposition.

To: reaper who wrote (215187)	1/16/2003 6:16:23 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

Any thoughts on the COF conference call? Sounded to me like they've got their right foot in quicksand (subprime credit cards) and the only place they could put their left foot was a gaping bear trap (subprime auto loans). This quarter looks about on plan, with rising chargeoffs and delinquencies, but I think next quarter is when the shell game finally gives way... (In any event, the stocks down a buck or so AH...)

To: reaper who wrote (215187)	1/16/2003 7:34:09 PM
From: NucTrader	Respond to of 436258

It's all relative to the taxes paid! Don't cha know?!?

To: reaper who wrote (215187)	1/16/2003 9:41:25 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<Lieberman, Kerry & Edwards already lining up to use the MSFT example to slam Bush's dividend tax plan. yeah, its good for the 'little guy' -- $100mm of tax-free income a year for the richest guy in the world. the press is gonna eat this up>> Just to make one (obvious) point abundantly clear. Gates more or less founded Microsoft, and built the company up to the monopoly...ERRR, monolithic, enviable competitive monster it is now by taking on plenty of risks, both in terms of his career and his finances. So the end result is that he continues to own an enormous chunk of an enormous company. Is it fair to deny him his appropriate share of the company's cash flow if they decide to pay a dividend, just because he happens to own a big chunk of it? Regardless of what the DemoRats say, I think it's NOT fair....after all, he could take considerably less risk by selling his 50 billion dollar stake and plowing the proceeds into Muni Bonds, where he would earn only about 20 times as much in income (and still tax-free!). Regards Patron