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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: tool dude who wrote (127648)	1/30/2004 3:10:07 PM
From: Taki	Respond to of 150070

I am not good enough to even wash his feet.God that is. I have though Jesus Icon next to me when I trade at all times.Before I even turn on the two PCs I look at the icon pray for a good day.

To: tool dude who wrote (127648)	1/30/2004 3:11:00 PM
From: tool dude	Respond to of 150070

PALR breaking its resistance 130!

To: tool dude who wrote (127648)	1/30/2004 3:13:03 PM
From: Taki	Read Replies (1) \| Respond to of 150070

Arnold news.That made me laugh a little. "It is a massive weight that we must lift from the state of California," the new Republican governor told a group in Sacramento on Tuesday. "I cannot lift it alone. I never thought I would say I cannot lift a weight, but it is that big. I need help." (COMTEX) B: Schwarzenegger Seeks Support Bond Issue ( AP Online ) B: Schwarzenegger Seeks Support Bond Issue ( AP Online ) SACRAMENTO, Calif., Jan 30, 2004 (AP Online via COMTEX) -- Gov. Arnold Schwarzenegger is shouldering a task heavier than anything the former bodybuilder ever faced in the gym - persuading Californians to approve $15 billion in borrowing. "It is a massive weight that we must lift from the state of California," the new Republican governor told a group in Sacramento on Tuesday. "I cannot lift it alone. I never thought I would say I cannot lift a weight, but it is that big. I need help." Gone are the wild rallies that dominated last year's recall campaign. In their place is a series of intimate town hall events up and down the state before hand-picked audiences and as many reporters and TV crews as possible. While he mixes humor with warnings of "Armageddon" spending cuts and tax increases, Schwarzenegger is also relying on a smooth, infomercial-like Power Point presentation to build support for Proposition 57 on the March 2 ballot. It would be the biggest state bond issue in U.S. history. Schwarzenegger says he needs the money to pay off short-term loans, avoid extreme spending cuts and put the state on a more sound financial footing. He says California is facing a deficit of $22 billion. And the state's bond rating is the lowest in the United States, at just a notch above junk bond status. The Schwarzenegger administration has hinted that if the bond measure is defeated, it could trigger worldwide financial uncertainty, given the state's status as the world' sixth-largest economy. Early polls show voters are skeptical - only a third favor the record borrowing - but few who have witnessed the governor's presentation walk away unimpressed. "You could see a lot of people nodding in agreement at the end," said Republican Connie Conway, a Tulare County supervisor who was invited by the governor's office to attend the Schwarzenegger event in Fresno last week. "Call it charisma or salesmanship, either way he's very convincing. People want to trust him." This week, Schwarzenegger appeared at a senior center in Walnut Creek with state Controller Steve Westly. "When you see the Democratic controller with the Republican governor, you've got to believe them," said Lyle Brown. "We were already probably going to support this, but now we're convinced." The governor is trying to raise as much as $10 million largely for TV ads that are expected to begin running next week, and eventually the campaign will switch to big rallies. But so far, the campaign has raised only $1.7 million. "People have heard this before - like in 1978 - that if you pass Proposition 13, the state will go bankrupt," said Harvey Englander, a Democratic consultant in Los Angeles, referring to the measure that cut property taxes dramatically. "This is winnable, but fear doesn't always work." So far, no major opposition has emerged to complicate Schwarzenegger's task and the bond's biggest critic - California Treasurer Phil Angelides - has said he will not organize a campaign. Financial analysts said the warnings the state will run out of cash without the bonds are probably overstated. Instead, the state would have several options to roll over the debt into new loans while suffering only the pain of paying higher interest. But most analysts agreed that if the bonds are not approved, taxes will have to be raised, or big spending cuts will have to be imposed, or both. By TOM CHORNEAU Associated Press Writer Copyright 2004 Associated Press, All rights reserved -0- APO Priority=r APO Category=1110 (PROFILE (COUNTRY:United States; ISOCOUNTRY3:USA; UNTOP:021; APGROUP:NorthAmerica;) ) KEYWORD: SACRAMENTO, Calif. SUBJECT CODE: 1110 * end of story *