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To: Giordano Bruno who wrote (245943)6/17/2003 12:47:19 PM
From: MythMan  Read Replies (2) | Respond to of 436258
 
but the weather outside is frightful.....



To: Giordano Bruno who wrote (245943)6/17/2003 12:59:09 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 436258
 
<<12:30pm 06/17/03 SNOW: TAX CUT ALREADY IMPACTING US ECONOMY>>

He's right about that...state tax revenues are falling through the floorboards, and they're all scrambling to raise taxes.



To: Giordano Bruno who wrote (245943)6/17/2003 1:14:04 PM
From: UnBelievable  Read Replies (1) | Respond to of 436258
 
161.58.5.90



To: Giordano Bruno who wrote (245943)6/17/2003 1:20:49 PM
From: j-at-home  Read Replies (1) | Respond to of 436258
 
Tax cut already at work boosting US economy, Snow says By Rex Nutting
<<The $350 billion tax cut is already working to heal the U.S. economy, Treasury Secretary John Snow said Tuesday. Speaking in New York, Snow expressed nothing but confidence in the economy. "Conditions for this recovery are looking better and better," Snow said. Snow credited the recent $350 billion tax cut for the improvement. "We've come a long way from the beginning of the year," he said. "We're starting to see an impact in the markets, as higher tax-adjusted returns on dividends and capital gains are factored into stock prices.">>

Snow continues the trend of exceptionally bright Treasury Secs (two in a row now). It was so obvious .. the solution to economic ills is to raise the stock market regardless of fundamentals

It is not "a rising stock market is a product of strong economy" but rather the reverse.

Bubble = GOOD No Bubble = BAD

This applies to real estate and deficits it appears too

Just saw this headline:
Report: Samsung Elec Sees No Chip Recovery in '03

Stupid fools - there is no recovery because your stock market is too low - get with the program

Live for today - screw tomorrow - that's someone else's problem - you'll be dead, who cares?



To: Giordano Bruno who wrote (245943)6/17/2003 3:19:21 PM
From: Andy Thomas  Respond to of 436258
 
there's a reason his name is snow... and he's talking about... jobs