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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (30922)	3/14/2008 8:54:03 AM
From: elmatador	Read Replies (1) \| Respond to of 217549

Africanization: retire to happy isles of caribbean, and the j6p pays,

To: TobagoJack who wrote (30922)	3/14/2008 9:18:37 AM
From: LTK007	Respond to of 217549

neat post:)Max

To: TobagoJack who wrote (30922)	3/14/2008 9:53:34 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 217549

K

To: TobagoJack who wrote (30922)	3/14/2008 12:12:43 PM
From: energyplay	Read Replies (1) \| Respond to of 217549

California's economic mismanagement is not unique, but you can count on California to be better than most other states at mismanagement. The number of teachers were increased a few years ago to cut class size, that is being reversed. Local government hiring also went up a bit. In terms of hitting residential real estate, that is reasonable. The may be a slight decline in local government tax revenues due to local sales tax drops. As for income tax, teachers aren't the largest contributors - income tax being progressive. No viscious cycle here. Google's stock price has more effect than teachers in California. California is a large exporter, and export growth will provide much more tax revenue than is lost from teachers. In terms of psychology, many more people can understand teachers being laid off than will understand the tranches of mortgage back securities, but that does not make the teachers more important. California teacher layoffs are a toothpick compared to the Bear Stearns 2 x 4.

To: TobagoJack who wrote (30922)	3/15/2008 3:35:57 PM
From: Amark$p	Respond to of 217549

Hey, teacher, leave us kids alone... "we don't need no education ... we don't need no thought control ... "

To: TobagoJack who wrote (30922)	3/16/2008 4:12:17 AM
From: Snowshoe	Read Replies (1) \| Respond to of 217549

Ripples across the pond... UK tycoon Joe Lewis loses $800m on Wall Street Bear Stearns on brink of break-up March 16, 2008 Dominic Rushe, Iain Dey and David Smith JOE LEWIS, the secretive British billionaire, has lost an estimated $800m in the collapse of the American investment bank Bear Stearns. The 71-year-old currency trading tycoon, who runs his empire from the Bahamas, holds almost 10% of the bank's shares. Bear’s shares fell 40% on Friday to $27, after it secured a 28-day credit lifeline to stave off collapse. Lewis began building a stake in Bear last September, when the shares were changing hands for more than $100. The huge paper losses could force Lewis to sell out of some of his other positions, according to traders, in order to meet margin calls from his lending banks. business.timesonline.co.uk