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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (252137)	7/25/2003 12:36:36 AM
From: ild	Read Replies (2) \| Respond to of 436258

Mitsubishi Motors Shares Slump on Profit Forecast (Update1) July 25 (Bloomberg) -- Mitsubishi Motors Corp. shares slumped as much as 19 percent after the company slashed its group full- year net income forecast and said it would post a loss in the first half to cover defaults on its car loans in North America. quote.bloomberg.com

To: orkrious who wrote (252137)	7/25/2003 4:51:28 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

from DR Next to exterminating male members of the Hussein line, the Bush administration has made economic recovery a top priority. To that end, it has given the nation a tax cut, expected to provide an economic stimulus equivalent to 1.6% of GDP. Too bad so much of the stimulating is done overseas, particularly in China. For if an American consumer has an extra dollar in his pocket, about 2 and a half cents of it will end up in Chinese hands. That may not seem like a lot of money, but it is more than the return from money market funds, more than the inflation rate, more than twice the Fed funds rate... and more than $200 billion dollars a year. And the Chinese know how to get even more money; they just have to build more factories, hire more people and produce more and better goods - all the things that the tax cut was supposed to stimulate in America. Likewise, lower interest rates were supposed to stimulate a recovery in America. What they have actually stimulated is mortgage refinancing... which permitted Americans to spend more... which allowed them to buy more goods from China... which put more money in Chinese hands, stimulating their businessmen to compete even more with U.S. enterprises... !