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To: Bucky Katt who wrote (26387)	9/29/2005 11:45:08 AM
From: tsigprofit	Read Replies (1) \| Respond to of 48463

Yeah right - good one LOL. People are all getting spooked by higher energy now, and even saying housing peaking in California. I think the hurricanes just brought the realization of current problems front and center faster - agree with you on that. Wait till we see the high prices this winter for heating in some areas... Long-term question is: What happens when the majority here in the US wakes up and realizes that we have neglected our infrastructure, used debt to fuel the post 2000 recovery, and higher asset prices, and that we probably cannot afford to maintain anything like our current military presence around the world - without seeing huge 600-800 billion deficits in the next few years? Didn't the Soviet Union do this experiment already? And found that it would not work? We aren't them - but are testing our current limits also, IMO. Is a financial concern, because consumer spending drives the economy mostly, and we are seeing signs people are tapped out - and then if they can't use money from home "equity"....

To: Bucky Katt who wrote (26387)	9/29/2005 9:40:22 PM
From: ~digs	Read Replies (2) \| Respond to of 48463

"Katrina ate my earnings." That excuse is becoming more popular with companies ranging from chemical maker Cytec to cosmetics firms Estée Lauder and Avon and mattress company Tempur-Pedic in explaining disappointing results for the third quarter or 2005. Some, including Northwest Pipe, are starting to also blame Hurricane Rita. So far 78 companies have blamed Katrina for affecting their earnings or resulting in charges, says Reuters Estimates. And 67 companies have blamed Hurricane Katrina in part for pushing third-quarter earnings expectations lower, Thomson First Call says. But some on Wall Street are showing increasing skepticism and wonder if Katrina is being used as an alibi and the hurricane finger pointing is a coverup for other problems.. usatoday.com