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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (174787)	5/1/2005 11:35:31 PM
From: Sig	Read Replies (2) \| Respond to of 176388

To GWB a strong economy results from citizens spending 2% more than they are making, as the last data set shows. Government wheels churn slowly, cannot keep up with the tide. The attack on 911 was very well planned- an attack on our economy ( the Trade Center), an attempt to destroy our Military leaders in the Pentagon, an attempt to kill our Congressional leaders in Washington. And our stock market was going down the tube at that time. There has been little time for much else other than to show our willingness to fight, to put OBL out of action, and to reduce taxes to prevent an all out crash. To add some stability to Iraqi oil production , an effort still in progress. The SEC was worse than useless, pretending to oversee our businesses while letting them steal. Now the NY AG is IMO doing a great job chasing down the crooks. Auto makers have maneuvered right around the 1970's CAFE requirements and continue to build gas guzzlers. Maybe we can muddle though all this. It seems we have been there before....... Turning out the lights in Seattle in 1968 , when Boeing employment dropped from 118,000 to 39,000. The Chrysler bankruptcy, saved by a government loan The bankruptcy of Gibralter Savings, biggest in the country The S+L disaster, with banks being sold for 10 cents on the dollar. The gas shortage of the 1970's, with gas at the equivalent price to $100bbl oil. The asbestos lawsuits, the silicone implant lawsuits, the tobacco lawsuits, The DDT in Michigan cow feed. Three mile island. The cancellation of the WPPSS nuclear plants ( we could use those today) with the bonds becoming worthless.. And now I am to the point of wondering how the US has held together so long even if its not hitting on all cylinders.? Am I missing something ? Sig PS: I forgot LTCM and their $110 bil, but they saved some of it.