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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (205035)	10/4/2004 5:56:34 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 1578184

RE:"Maybe we should endure four years of Kerry just to drive this point home with the nation. Of course by then, he will have expanded social spending by a significant amount, and no one following him would be able to cut it." That's distinct possibility. Next 4 years may be a major "correction" no matter who's in there. Fleck says that the party elected in Nov won't hold office for 20 years after the next 4. So Fleckenstein is a doomer but he ended up right about the Y2k-dot com stock bust. Now we have a huge debt bubble and perhaps an intertwined housing bubble. Potentially much more serious than a stock bubble. BTW, housing bubble starting to crack in Las Vegas as we speak. Pulte slashed prices 25% on new construction and upped broker commissions to 5%. Stock down over 8% today. Other home builders down as well. thestreet.com