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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (2864)6/30/2003 10:23:58 PM
From: LLCF  Read Replies (1) | Respond to of 4909
 
<Needless to say, if they tried to pull that $hit, the grannies in the AARP would be so far up BubbleBoy's arse he'd be tasting mothballs....>

I don't know... they let him cut their savings rate to zero without much squaking! Oh, except in the world according to Grace, then he tried to hold the rate up for them, but the market took the wood to them! LOL

DAK



To: patron_anejo_por_favor who wrote (2864)7/1/2003 12:33:57 AM
From: NOW  Respond to of 4909
 
need to figure out WHY it was proposed.....



To: patron_anejo_por_favor who wrote (2864)7/1/2003 2:20:40 AM
From: S. maltophilia  Read Replies (1) | Respond to of 4909
 
First they have to realize that Uncle Al and the Fed have successfully taxed the elderly (who vote) to pay for the spending frenzy that's keeping the economy out of depression (for now) for the benefit of all the debtors who mostly don't vote. An amazing political feat.
As far as I can see, there's little difference between making $1 million in a money market fund generate less than the income of a social security check and taxing savings down to a negative return. If the grannies (98% of whom have considerably less than $1 mil) haven't figured it out yet I wonder if they ever will.