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

To: SOROS who wrote (19025)	5/11/2003 7:23:49 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 89467

Anybody notice that bond yields are near their lows despite big stock rally? Bond yields would be MUCH HIIGHER if Grennie were not intervening to keep rates artificially low -- both short and long. The Greenie "put" for bonds is the key factor keeping the stock rally going IMHO. Of course the price is a plunging buck. This will all end very badly, but who knows how far this can go before sanity returns to the markets.

To: SOROS who wrote (19025)	5/12/2003 11:06:34 AM
From: Jim Willie CB	Respond to of 89467

money spent on debt service, Pops interest, interest, and more interest here in Pitt, just heard a local financial expert he said 75% of city budget is devoted to debt service, school board and other regulatory bodies, pensions, etc leaving 25% for city operations so roads, cops, firemen, cleanup, etc are all neglected look at Kalifornia Puplava reports they laid off 40,000 teachers, but not a single burokrat all taxes have been raised they will probably have a worse deficit in 2003 from bonehead decisions by NoGrayMatter Gov Davis Davis should be hanged for stupidity make the hanging public, create a media event, sell tickets, sign up HBO and other cable pay4view, bring in foreign markets, and use the proceeds to pay down their debt HANG HIM HIGH I would not mind one iota to watch that decrepit socialist cesspool fall into bankruptcy a wretched combination of bad decisions, horrendous mgmt, and extreme debt will kill off our states and cities financially, one by one except maybe for jewels like Idaho, which in time might consider seceding from the USA union / jim