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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (92479)	4/1/2007 10:50:23 AM
From: 10K a day	Read Replies (1) \| Respond to of 173976

If the dollar gets cut in half and taxes stay the same is that like having taxes (actually) double relative to the dollar?

To: Lizzie Tudor who wrote (92479)	4/1/2007 10:53:08 AM
From: 10K a day	Respond to of 173976

Iv'e seriously been thinking about trading in for a prius or a civic hybrid. I drive > 100 miles a day and the gas savings would almost make it feasible. Problem is I like my Camaro Z28 and Jeep Grand Cherokee is safe for my baby...

To: Lizzie Tudor who wrote (92479)	4/1/2007 11:27:32 AM
From: Bill	Read Replies (2) \| Respond to of 173976

<< Add to that the fact that the stock market is actually down for Bush's entire term- something that hasn't happened since Carter. >> Really??? DOW JONES INDUSTRIAL AVG Jan 22, 2001 --- 10,578 March 30, 2007 --- 12,354

To: Lizzie Tudor who wrote (92479)	4/1/2007 2:10:43 PM
From: Peter O'Brien	Read Replies (2) \| Respond to of 173976

stock market took 25 years to recover from the 1929 bubble. 5 Democrat administrations (3 FDR, 1 FDR/TRUMAN, 1 TRUMAN ONLY). It finally reached a new high under Eisenhower.

To: Lizzie Tudor who wrote (92479)	4/1/2007 3:33:24 PM
From: Doren	Read Replies (2) \| Respond to of 173976

A dollar that's only worth $.50 means that the debt is halved too. In other words if you owe a million in dollars, you can pay it off with 1/2 million in real assets. Or print 2X as many bills. Which is how Vietnam was paid off. Of course this led to 20% mortgage loan rates but the people who traded their shrinking dollars for REAL estate got rich. Mostly those at the top although some middle class people made their bundle then too. They had to endure a decade or so of non liquidity but those at the top don't really need liquidity to pay their bills do they? During the period of inflation corporations with real assets saw those assets appreciate but the cost of borrowing offset that so the market went sideways. Gee all that is happening now too (!) except the mortgate rates which are coming.