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


To: American Spirit who wrote (353389)2/4/2003 1:47:38 PM
From: Thomas A Watson  Respond to of 769667
 
Evil people who murder their children based upon who the mother is have no clue as to what pure vile evil is.
That is you as we all know. The obvious follow on is such people are also really really stupid about everything.

That's the TRUTH doctrine.



To: American Spirit who wrote (353389)2/4/2003 2:40:05 PM
From: Suma  Read Replies (1) | Respond to of 769667
 
Give a tax break and gasoline climbs to unprecedented levels. The commuter to work, those who have to heat their homes etc. LOSE... The stock market goes awry.. Pensions down the drain, IRA's predicated on the stock market crash providing huge losses. The ordinary citizen is the loser but the tax breaks sound good.

Hold onto your hats guys and gals....we ain't seen nothing yet. This president will have us in a deficit budget that beats any spending record in the past, recession and war. Does it all sound great ?

IMHPO

Suma



To: American Spirit who wrote (353389)2/4/2003 3:11:05 PM
From: sea_biscuit  Read Replies (2) | Respond to of 769667
 
They are trying various tricks -- like dramatic reductions in interest rates, killing the 30-year bond, muddying the waters with dividend tax cuts (when the reality is the dividend yield is so low) and on and on. But it is all like trying to stop diarrhea by hand -- sooner or later, the stuff is gonna come out! :-)

Btw, note that Goodyear eliminated its dividend? Debt-laden companies can't afford dividends and that describes most companies in today's world. The dividend on a single share of S&P 500 has been falling steadily all through this bear-market. Even if the bottom is at a historically high dividend yield of 3.5% and dividends fall another 15% or so (very optimistic estimate), the markets have to decline another 50% from here.

I would say that we will get halfway there by the time Duh-mbya is up for re-election. That will seal his fate.