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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (265656)	8/1/2010 7:25:24 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 306849

i rarely agree with greenspam, but i will give him credit here.. he has been solidly in favor of tax cuts (understanding that this money works it's way back into the economy) but every speech or senate testimony i have heard from him stated that tax cuts WITHOUT commensurate cuts in SPENDING would be unsustainable and here we are... gov't does not have a 'revenue' problem, it has a SPENDING problem

To: Jim McMannis who wrote (265656)	8/1/2010 7:28:05 PM
From: grusum	Respond to of 306849

"Alan Greenspan: Extending Bush Tax Cuts Without Paying For Them Could Be 'Disastrous'" F.A. Hayek: extending spending increases will be disastrous no matter what else happens.

To: Jim McMannis who wrote (265656)	8/2/2010 12:04:22 AM
From: TH	Respond to of 306849

JM, Absurd. More circular bullshit from the clowns that created this mess. Now, instead of the market reflecting something about the economy, the economy will follow the market. Sounds like another selective scheme to distribute cash to the favored class. I see futures are up 67. I don't need to look for a reason, for there need not be a reason anymore. A 1/10% beat on anything is worth 100 Dow points, and economic data trending DOWN (take your pick, as the majority of data over the past 8 weeks has been BAD), and we might see 7 points off the Dow. It is insane. GT TH