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

To: Road Walker who wrote (305611)	10/7/2006 10:19:42 PM
From: steve harris	Read Replies (2) \| Respond to of 1573922

lol, Did you pay for the privilege of reading that in the NYTimes? Message 22879901

To: Road Walker who wrote (305611)	10/8/2006 2:11:04 PM
From: tejek	Respond to of 1573922

These are the most pragmatic, bottom line people in the world. The smartest business people in the world. They don't give a crap about ideology. They are spending their precious dollars to defeat Bush. Why? With record corporate profits and margins? With lower cap gains taxes and income taxes? Why? They know the current policy is not sustainable. They know about the payback. The DOW is going back to Clinton levels as it appears the Dems will take back the congress. Coincidence? I don't think so. I agree completely. Even people who normally are very Republican; to whit, Joe Scarsborough would agree with you. This is not just about ideology but about corruption and narcissism.....what's good for me is good for the country.

To: Road Walker who wrote (305611)	10/8/2006 3:42:08 PM
From: Taro	Read Replies (2) \| Respond to of 1573922

Laffer curve at work According to the Congressional Budget Office, the deficit for the past fiscal year dropped to $250 billion, below both the CBO's August prediction of $260 billion and OMB's July prediction of $296 billion. At 2 percent of GDP, the budget deficit is now well below the 2.7 percent average of the past 40 years. In the words of today's Wall Street Journal, "The main cause of the deficit decline – 90% of it, says White House budget director Rob Portman – is a tidal wave of tax revenue. Tax collections have increased by $521 billion in the last two fiscal years, the largest two-year revenue increase – even after adjusting for inflation – in American history. If you're surprised to hear that, it's probably because inside Washington this is treated as the only secret no one wants to print. On the few occasions when the media pay attention to the rise in tax collections, they scratch their heads and wonder where this 'surprising' and 'unexpected windfall' came from."