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

To: Peter O'Brien who wrote (96468)	4/25/2007 11:01:52 PM
From: American Spirit	Read Replies (2) \| Respond to of 173976

How many shares do you have compared to the Bushie billionares the Bush tax code was written for? You are a deluded little wannabe idiot thinking you're making any real money. First of all, the dollar is worth 50% what it was in 1999, so your dollars are 50% play money. Second, the debts Bush is building up are monstrous and will have to be paid off by someone. Bushies have gamed the tax code so the middleclass will end up shouldering the burden of the debt payoff. So unless you're making over 500 K a year you lose. Also consider this. Bushies have doubled your energy costs, driven up health care costs 60% and education 40%. Plus just like in the decade after Vietnam, that Iraq debacle will have to be paid for. None of it is being paid for now. It's all pure debt. So save about $100,000 for extra taxes over the next decade. You will need it.

To: Peter O'Brien who wrote (96468)	4/25/2007 11:10:54 PM
From: American Spirit	Read Replies (1) \| Respond to of 173976

I would sell your stocks now. I would short the Bush economy. It's like a big party at an expensive restaurant but the bill hasn't arrived yet. It shall arrive soon, and when it does no one will want to pay it. There is also a lot of irrational exhuberance now based on nice profit numbers this quarter nd young traderws who've never seen a Black Friday or Black Monday. Some companies will do great going forward, but many are priced to perfection and poised for huge falls. We have record numbers of foreclosures happening now, the real estate boom is over, places like Vegas are way overbuilt, energy prices are climbing and the unemployment situation is much worse than Bushies are admitting. It is a timebomb, or a balloon payment crisis, and it's coming fairly soon. Of course the top 1%-2% will be fine, but everyone else, tighten your belts. Ever asked yourself who's going to pay for Bush's trillion dollar "war" in Iraq? None of it is paid for yet. All borrowed. And remember how much the market if juiced now by 500 billion in deficit spending every year. Huge sugar high. We had the same thing in the latter Reagan years. The bill had to be paid. GHW Bush and Clinton paid it off. It took ten years. Then and only then did our economy rally again. And then in a sustainable paid-for way under Clinton where everyone did well, not just the elite, and the dollar was king.