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


To: RON BL who wrote (522759)1/12/2004 8:47:26 AM
From: tonto  Read Replies (1) | Respond to of 769670
 
You lose that much in 3 months against puchasing say an imported italian leather couch... Some people are confused or try to imply our total costs and losses are 14%. That simply is not true. It is disingenuous to say it is or naive.

Edit: That example of course is based upon a new order...if it already is in stock, here, one normally will not see an additional price increase because of the competitive market.



To: RON BL who wrote (522759)1/12/2004 9:03:43 AM
From: JakeStraw  Read Replies (1) | Respond to of 769670
 
It's snowing and cold in the northeast... Must be Bushes fault! :^)



To: RON BL who wrote (522759)1/12/2004 10:23:29 AM
From: Kenneth V. McNutt  Respond to of 769670
 
""Oh the market is up 25% you say? Well check out that same chart for the past year and you will see that the dollar is down about that much so the best you might argue is that the market is going up fast enough to keep you from falling behind.""

I don't spend my dollars in Europe or Japan. American goods are now much less expensive throughout the world, which has stimulated our economy. Mortgage cost are down 50% under this administration lessening the housing burden on millions, and creating a housing boom which has put thousands of union members to work. Tax on corporate dividend payments has been eliminated making the return on investment higher thereby stimulating the economy and increasing the income on those millions who depend on interest for living expenses. Let's go back to Jimmy Carter. remember him. 30 years treasuries paid 9% but the average mortgage
was 14%, floor planning for those businesses who relied on financing for their products was 21%. Infalation was running rampant. I know. I was there and I remember.

Ken

PS The only people who should invest in CD's are those with excess cash and need to park it temporarily or those who live in fear the world is ending. High quality REITS are paying 8% or more, plus the 10 year bond is paying well over 4% and many AAA+ preferreds are paying 7 and 8%
There are many secure investments out there if one would look or check with their financial advisor. Foreigh goods are more expensive so buy american and put off the purchase of that Porsche until they start building them here.

PPS The inflation rate is the lowest in history making the dollar of income go much farther.