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.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (36569)	7/22/2005 12:26:22 PM
From: Umunhum	Read Replies (5) \| Respond to of 110194

I couldn’t disagree more with practically everything you wrote. The holes in your statements are so big you could drive a truck through them. It’s almost as if I’m watching a hockey game and your trying to convince me that I’m watching a baseball game. This one in particular is my favorite: Mish: It is an issue in a relative sense. If spending drops more, and more mal-investments are wiped out, and US savings rates go up, and govt expenditures drop, declining tax revenue will not matter ON BALANCE. In a vacuum tax revenue matters. Taking everything into consideration it is meaningless to talk about in isolation. That was what I meant but did not say. Tax revenues may drop but if spending falls off the cliff, and savings rates goes up, declining revenues will not matter. If this, If that, If I had wings, I could fly, If my aunt had balls, she would be my uncle. If spending drops – what is the likelihood of government spending dropping when more and more of the baby boomers are retiring with a new drug benefit? What is the likelihood of the savings rate going up in the face of a declining dollar and lower rates? How do I respond to this? Are you sure you’re getting enough sleep? You are too funny! I am so glad that you are not managing my money :o) You got lucky today on China repeg. I will take a few of those off your hands if interest rates rise some more. Isn’t it funny how the news seems to favor whatever direction the chart is heading? I’ll give you the chance to purchase a few from me. Any close over 43.06 is a green light to add to my position. Is there anything else you like?