posted on Nov, 8 2002 @ 09:25 AM
Free Mason - "Heil to republicans" & "those economic problems are a direct result from the Clinton administration"
I always said John McCain should have been President - that way you wouldn't be throwing up the 'Zig heil' to the Republican party as it sits now.
When exactly do you consider responsibility will start with George, 2010? There has been NO REMEDY given to the economic picture by this
administration: a tax cut to the wealthiest 2% only stimulates their portfolio, not the economy. Repeal of the estate tax ( or death tax for sinister
effect) only benefits million dollar estates. An SEC chairman who was Ivan Boesky's lawyer, at a time when investors are looking for faith in the
market so they can invest, does not help. Nor does his appointment of a Corporate Accounting cop who sat on the audit board of a company that cooked
the books AND is not an accountant. Luckily, I think they both are gone, but unfortunately, the SEC is now adrift without a rudder.
Basic macro economics: protectionism kills free trade and starts retaliatory measures. We need the world markets open to sell our goods, not closed
off as pay back to Bush's policy of using Corporate Welfare to protect our industries which make some nations key exports priced out of
consideration. It stupid and we have enough examples of how it does not work in Europe & Asia to be doing it here.
ultra_phoenix - "Yeah but why don't I see this on CNN or MSNBC that elections are rigged ?" You mean AOL-Time Warner & Microsoft - General Electric
- nope they spent BILLIONS propping up and covering for the Bush regime, why would they blow it now?
Bob88 - "For the 12 months ending September, productivity grew at a 5.3 percent rate, the strongest showing since the 12 months ending in the third
quarter of 1983. Eventually, this will lead to lower unemployment. Nor do I think our economy is really 'that' bad." - Torture numbers and they'll
admit to anything! False. It won't lead to lower unemployment. That number has been on an upward vector for some time, yet 5000 more jobs were lost
in both Sept. & Oct. The numbers indicate, in simple terms, that companies are doing more with less, a good thing in general, because it's forced
evaluation of redundancy and a streamlining of cost to market. The indicator to watch for is Capital Expenditures - when a company buys new equipment
& services. That means that inventories have been sold off and new orders necessitate the purchases. Housing is another misleading indicator: the
segment relevant to the vast majority of Americans, the $150K -$200K, has actually dropped significantly, and what is driving the new housings starts
is the $350K+ segments. Simply, affordable housing is not growing, luxury housing is. The tradesman carpenters are doing well, relatively, but how
many million dollar home developments can you make?
Thomas Crowne - "the average contribution to the republican campaign is $50.00" - Yeah, uh-huh. Not even in the realm of reality to respond to, but
it does look pretty sitting next to the tooth fairy fable, no? I think the Pharmaceutical Industry & the Insurance Industry out spent the Dem fund
raisers by themselves! But the Pharma industry did get to write the House prescription drug plan and the Insurance industry did get billions of
corporate welfare assurances, so I guess it was money well spent by them.