Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (114854)	8/4/2008 10:57:32 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

Skeets, Actually, the new economy wasn't all hype. It was and is real. Investors, as always, overestimated expectations, with the Fed and Wall Street enabling their fantasy. The Nasdaq is probably pretty fairly priced now. We already had a repeat of the stock market bubble in the real estate market and the energy market. So, we are VERY likely to get a repeat bubble in some other area. The question is not whether you get a bubble, but whether the revenues go to reduce Federal deficits or to increase them, as Bush has done so well. Supporting education, which Bush hates with a passion, is one way to support innovation. Obama is pro education. Supporting universal health care, another Bush hate topic, is a major factor in innovation, not only in new drugs and treatments, but in the health of those who will eventually come up with the bright ideas. Ask yourself, how was the Soviet Union, with a lousy economy, able to beat the wealthy United States into space? Easy, with education and health care. A stronger dollar, of course, represents non-fictional interest rates. Does anyone really think the rate of inflation is lower than or equal to T-Bill rates? What are you betting on? Even Big Brown is not a sure thing in a race against mediocre horses. <G>

To: Skeeter Bug who wrote (114854)	8/6/2008 10:43:58 AM
From: Freedom Fighter	Read Replies (2) \| Respond to of 132070

Skeeter, The similarities and differences between the republicans and democrats are pretty clear. Both the republicans and democrats are corrupt and generally incompetent. However.... The republicans mostly operate within the correct intellectual framework for increasing wealth, standards of living for all etc... Aside from the corruption and incompetence, the problem is an unwillingness to take the inevitable severe political lumps that will come from doing the right things (like actually restraining the growth of government spending to inflation). They allow all the brain dead moronic fiscally unsound programs created by the corrupt mental midgets of the past who made promises the nation could never keep to spiral out of control. They borrow to pay for it all while continuing to spend on their own defense priorities. The democrats on the other hand are a lot technical stock market analysts. Some of them have very high IQs and work real hard, but because they are using the wrong intellectual framework for beating the stock market, they keep failing while moderately bright value investors keep getting rich. Aside from the corruption and incompetence, the basic framework of the left is flawed and will always fail because the left misunderstands how the world works in some very basic ways. Intentions, ideals etc.. don't matter much if you are essentially delusional and living in a dream world.