Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: Robohogs who wrote (13601)	10/29/2004 8:20:34 AM
From: IRWIN JAMES FRANKEL	Read Replies (1) \| Respond to of 52153

OT - Political comment, sorry but Jon hit a nerve >>Bush has ... presided over the biggest domestic spending increase ever. I submit that the increased federal deficit (increased spending and reduced taxes) was necessary. In 2000* the fed rapidly contracted monetary aggregates which sent economic activity into a near free fall. Seeing his error Greenspan tried to reverse the decline by expanding MS. IT DID NOT WORK. It was widely agreed that fiscal policy was needed to move the economy back toward the upper GDP boundary, the potential GDP. It is when the economy is operating at or near potential that you balance the budget NOT when it is faltering. None of this is to suggest that the feeding frenzy of federal spending was justified. Increased spending which was necessary need not be foolishly done. But absent a line-item-veto, the President had few choices. He could have vetoed the bills and sent the US into a prolonged recession or sign them and get the economy up and moving again. Once the economy is healthy the budget can be a high priority. It will still take years to return it to a balance. That is how I see it. ij * I'm in the recovery business and saw case flow increase 6 fold in 2000. I have never seen anything like it and I have been doing this since 1975. PS - I will vote for Bush but give him only a 1 in 5 chance of winning.

To: Robohogs who wrote (13601)	10/29/2004 9:40:54 AM
From: scaram(o)uche	Respond to of 52153

>> Here's to none of the above. << Anybody else a South Park fan? The new season began this week...... election at school, picking a new mascot..... PETA invaded the school and threw cow blood all over, etc. The old mascot was a cow.... the South Park Cows. So, they had an election to determine the new mascot, between a giant douche and a turd sandwich. As usual, the adults provided the take-home.... one must exercise their right to vote, but it's always the same.... to survive the political system, one always has the choice between a douche and a turd. The douche was taller, I believe. Could be wrong.