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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (58058)10/1/2004 10:33:37 PM
From: TARADO96  Respond to of 89467
 
<<Re-hiring Bush is like choosing to Re-hire Ken Lay after it's very clear he has deceived key stakeholders and has driven the company into the ground>>

LOL! Scott, this one was for the ages. Thanks!

J.



To: stockman_scott who wrote (58058)10/1/2004 11:12:21 PM
From: American Spirit  Read Replies (1) | Respond to of 89467
 
Exactly. Ken Lay and GW Bush were like peas in a pod.
Lay was GW's best friend and top contributor for many years.

First Lay was exposed. Now Bush. for different reasons.
We'd have to be nuts to allow four more years of mismanagement and dishonesty, especially considering some of the extreme rightwing and corporate gouger groups behind Bush.



To: stockman_scott who wrote (58058)10/2/2004 12:17:08 PM
From: AuBug  Read Replies (2) | Respond to of 89467
 
Warren Buffett appreciates the dangers of deficit spending which Bush has taken to new heights. Today I read that Bush is touting more tax cuts while waging foreign wars so we can be assured that federal deficits will get even larger. The feds will have to sell more Treasurys to fund their extravagancies which will mean higher interest rates since supply will exceed demand and lower Treasury bond prices have higher yields. The foreigners holding over a trillion dollars worth of Treasurys will see their principal evaporating and start selling making the situation even worse. Rising rates will make homes unaffordable for the lower income brackets and home sellers will discover what a buyer's market really is. As this unfolds the rest of world is going to embrace the Euro as the international currency and start pricing oil deliveries in Euros and not dollars resulting in the desire to exchange dollar currency holdings for other currencies, but, if they want to sell dollars and sell Treasurys at the same time there will not be many buyers left for those dollars.

So with a total lack of fiscal responsibility if Bush is elected I see the opportunity to get rich by:
shorting the dollar,
shorting Treasurys,
shorting the stock market,
buying military-industrial complex stocks, and,
cash will be king because the bottom is long way down.

I think your analogy between electing Bush and rehiring Ken Lay is appropriate, both have no fiscal responsibility and built empires out of a house of cards with no sound financial foundation. Bush is bankrupting this country. Bush is the worst president this country will ever see.

Bush had the nerve to ask Kerry in debate how will you pay for all this. Bush, you moron, have you ever asked yourself how are you going to pay for your military crusade while cutting taxes without destroying our economy by raises interest rates, tanking the stock market and destroying the value of the dollar??? No, I'm sure you have not. I'm also certain that if anyone in your administration was intelligent enough to understand economics and explain it to you that you would not be able to understand the answer.

Warren Buffett understands better than anyone having made himself the second richest man in the world by investing. He understands how money and markets work. Bush does not. That's why Warren Buffett endorses John Kerry for president of the United States of America.