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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (12033)7/13/2004 3:08:45 PM
From: tsigprofit  Read Replies (1) | Respond to of 20773
 
good post Dale, thanks.

this part is very true:

America is not used to such a decidedly subpar employment experience. And with good reason — it’s never before persisted for 31 months into an economic recovery.

I talk to people I know all over the US, in jobs that require a college degree, and generally pay over 50K, some more.

I don't hear anyone saying that the job market is good for them, and don't hear anyone saying they are better off today than they were 3-4 years ago. Sad, but true, IM experience anyway.

Thanks for the link...

t



To: Dale Baker who wrote (12033)7/13/2004 4:16:28 PM
From: Dale Baker  Respond to of 20773
 
Cramer shows his usual integrity; first he crawls so far up Bush's backside you can only see his wingtips, now he suddenly loses faith.

A man of infinite conviction - and infinite multiple positions.

Cramer turns on Bush.
dailykos.com
At Realmoney.com the cohost of Kudlow and Cramer admits that he's been guilty of wishful thinking.

I have been slow to recognize the bigger issues that are just killing this market in part because I wanted to believe that the current President Bush is smarter than he sounds or looks. I wanted to believe that he could articulate correctly why we went to war in some foreign land where a thousand guys have died and billions have been spent. But he hasn't. He had terrible intelligence and bad homework, stuff I fire people for regularly and always have.

...

What we see now in the market is a gradual realization that Bush will be forced out in November and a new man will be president, a man who may not be better for the stock market but one who arguably may not be worse if simply because a gridlocked government is better than the drunken spending and the no-vision team we have in now.