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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (112045)	10/16/2008 7:37:04 PM
From: Wyätt Gwyön	4 Recommendations Respond to of 206184

things didn't improve under Clinton due to tax regime; they improved due to tech bubble. this artificial improvement was unwound from 2000-2002, after which economy improved. this improvement was not due to Shrub's new tax regime, but to housing and credit bubbles. now these bubbles are imploding and stock bubble continues its longterm b**rish trend. personally, i doubt there will be new asset bubbles to help whatever regime BO chooses. at least, unlikely to be any such bubbles in private sector.

To: Metacomet who wrote (112045)	10/16/2008 8:31:50 PM
From: Paul Senior	Respond to of 206184

"folks who get the relief will actually spend the money on stuff that will help the economy" What is the "stuff" that will be bought that will help the economy? Presuming here you mean the USA economy. My premise is that most "stuff" is foreign made - clothes, electronics, Home Depot stuff, Wal-Mart stuff. Only big thing I see is that if I include "housing" as "stuff", then getting people either into jobs or giving people some tax or other relief so they can pay their mortgages - that would help the economy. And perhaps that is enough.