> Must I once again point out that he is but one of a 539 people who run our
> government.
> Oh, silly me - Here I was thinking that it was the 300,000,000 who run the
> government...

The 539(?) run it on behalf of the 300 mil. And they who run it get a job performance review every 2/4/6 years, depending . . .

But, how much personal control do we have in the day to day decisions, including spending?

Happily, there's a pretty good bunch in Washington, including some Republicans (who do not simply rubber stamp what Paul's favorite president says).

Must I once again point out that he is but one of a 539 people who run our government.
Oh, silly me - Here I was thinking that it was the 300,000,000 who run the government...

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> ....

Required reading.

L8R....

T'Khasi Time: Thursday, 21 April 2005 - 07:23 PM --700 (Pacific Standard Time)

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CAPT Siran d'Vel'nahr XO - L L & P _\\//
USS Vre'kasht NCC-33187
Winders 10 OS? "What a piece of junk!" - L. Skywalker
"Logic is the cement of our civilization with which we ascend from chaos using reason as our guide." - T'Plana-hath

> Once again, tom has failed to address the facts surrounding each/all of the
> economic indicators.

I don't know the only fantasy I see is your continued blaming the woes of the world on George W. Bush.. Must I once again point out that he is but one of a 539 people who run our government.

Personally I though that Tom did a pretty good job at pointing out your woe is the world assessment of the stock market..

---

I'd rather speak my mind because it hurts too much to bite my tongue.

American Spirit BBQ Proudly Serving those that courageously defend freedom.

Once again, tom has failed to address the facts surrounding each/all of the economic indicators.

In opposition to leading economists from all camps, he again fails to note what all those economists do make note of...... the fact that failed economic policies and inattention to any meaningful controls has productivity slipping, jobs down, wages off, the dollar down, interest rates rising, consumer debt is rising, the housing bubble is deflating, and a deficit that is spiraling to unfathomable depths....

Not one promise from the Bush camp concerning their policies and projections has come close to being anywhere near reality. Often, it's been found to be grossly distorted.



All the projections of the Bush economic team, all of Bush's own promises have fallen flat.

Bush continues to submit budgets that exclude major costs and additional borrowing.

Bush promised to cut the deficit in half.... but he shows from his actions he is not willing to enact the controls necessary to accomplish that promise.

Making excuses for policies that were described as inadequate and wrong headed at their conception is a pitiful defense. Analysts and economists have predicted what the tax cuts would do, ....and they were right. They were also fired by Bush because that didn't fit his 'vision'.

Kind of like how he replaced those intelligence and military officers if they correctly diagnosed his war 'visions'.



Enacting privatization of Social Security has been proven to only be able to be accomplished with massive additional debt, benefit cuts and additional taxes. Privatization does nothing at all about making the system more solvent.

The IMF and the World Bank are warning about a global economic meltdown unless the US takes immediate and drastic steps to reign in it's deficit spending.

With the amount of foreign capital needed to operate today to maintain our deficit spending policies, Bush has placed us at the mercy of other nations to drive our economy.

Those other countries are pulling back from total commitment to propping us up. Central banks are moving out of the dollar.

Any shock to the system now, and the 'house of economic policy cards' that Bush built could easily fall flat.

Instead of providing security for our economy, our economy has never been shakier.


If you're a member of the Tra la la club, you can ignore all that. You can even pretend that something is going right......

But the fools are the ones who never admit they're at the end of their rope until they're dangling from it.

Party on dudes, Go Bush..... get out the bunting and wave those flags..... Cue the band to play some pomp....

(just don't address the realities, .... or even attempt to refute them.... cling to fantasy.... it suits you.)

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> > Morning edition?
>
> Yes, Captain, Misfit was obviously pointing out that jumping to conclusions is
> not the sole province of Paul Z.

Woke up on the wrong side of the bench this morning counselor?

> > Because it's from today's newspaper. Didn't you have those in law
> school?
>
> Oh, it must have been from this morning's paper! See, in law school,
> we were taught to be clear. You posted this at about 6:00PM California time,
> or about 9:00PM New York time--well after the markets' closed--so I
> didn't understand why it was even relevant at this point . . .

Well ya see we non-legal types dont have that super secret access to tomorrow's paper. But I'm sure at 4:00PM Hawaii time it's still good.

> Morning edition?

Yes, Captain, Misfit was obviously pointing out that jumping to conclusions is not the sole province of Paul Z.

> > Why does your April 21, article fail to mention today's rise? A 200
> point
> > increase significantly changes the story's impact--at the very least,
> it's old
> > news.
>
> Because it's from today's newspaper. Didn't you have those in law school?
>

Morning edition?

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> Because it's from today's newspaper. Didn't you have those in law school?

Oh, it must have been from this morning's paper! See, in law school, we were taught to be clear. You posted this at about 6:00PM California time, or about 9:00PM New York time--well after the markets' closed--so I didn't understand why it was even relevant at this point . . .

> Why does your April 21, article fail to mention today's rise? A 200 point
> increase significantly changes the story's impact--at the very least, it's old
> news.

Because it's from today's newspaper. Didn't you have those in law school?

> Stocks resume downward spiral

Why does your April 21, article fail to mention today's rise? A 200 point increase significantly changes the story's impact--at the very least, it's old news.

> Whooo hoooo, the economy is burning hot....... not.
>
> Employment down, inflation rising, dollar sliding, productivty slipping.....
> what productivity there has been has not resulted in jobs, increased wages or
> investment.
>
> I only hear one voice prattling on about some alternative reality .......
> it's a feeble and desperate whimper from a man who's lost his hero


Paul,
It is better to remain silent and be thought a fool, then to speak and remove all doubt!

Respectfully,

Rocky

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www.boincsynergy.com

>
>
> Such terrific news, (as some try to tell you),.... today, for a time, you're
> only down 800 points since Bush took office.

Paul, you have to learn how to read a chart. When Bush took office for his second term the stock market was at about 10,700 and today it closed at 10,200, so it’s down only 500 points since he took office. On the other hand, it was at 9,700 when he was elected to his second term, so it’s up about 500 points since then. Take a look, it's right there on your chart!

The rest of your chart shows that at its lowest, in September 2002, (after the “dot-com” bubble burst, various accounting scandals had erupted and a devastating attack was made on our country) the Dow Jones had dropped to 7,300, so it’s now up almost 3,000 points from there. That is quite a turnaround and establishes a much clearer trend. And that is what you (so consistently) do not understand--that a trend does not consist of just a couple days of data. That is why your original thread dealing with the recent stock market losses can be so easily dismissed as partisan ranting.

> Greenspan Warns Bloated
> Budget Deficits Pose Threat to the Nation's Long-Term Economic Health
>
> "Our budget position is unlikely to improve substantially in the coming years
> unless major deficit-reducing actions are taken," Greenspan said.

But that article also pointed out that Greenspan was one of those in favor of the tax cuts put in place in 2001, and that may very well explain why we have pulled out of the recession that followed the 9/11 attacks.

You also fail to point out that Greenspan seems to favor private accounts. With such one-sided reporting, one would hope that you never disparage the "fair and balanced" reporting of Fox News.

> I only hear one voice prattling on about some alternative reality .......

So, you do hear yourself!

.

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ARP: Coltushie, Alaska. Noted economist Paul Zipferbrains was contacted for comment on the meteoric rise in the major markets today. Said Zipferbrains, "Our president, George Bush has done it again. As anyone knows, this one day rise is clearly a long term trend for the economy."

The Dow Jones rose over 200 points and the NASDAQ went up nearly 50 points today. Yesterday's fall in the markets did not seem to worry Zipferbrains, who explained, "Yes, I did say that the fall in the markets yesterday was a clear trend, but today is another trend. Why can't you simple people understand?"

The interview was cut short when orderlies brought Mr. Zipferbrains' medication. Contacted in Puerto Rico, Karl Kookookachoo confirmed the conclusions of his mentor, saying, "If Paul Z says it, it must be true.", though it's unclear whether this recorded statement on Mr. Kookookachoo's answering machine was actually meant to be applied to Zipferbrains' latest pronouncement.

As this reporter was leaving, Zipferbrains could be heard through his padded door saying, "The fact that nothing [economic] is going well in this country confirms that this trend is real! Everyone knows that Wall Street investors push the market higher when the economy is in the toilet!" Further explanation was not forthcoming, as the medication had begun to take effect.

Employment down, inflation rising, productivty slipping..... what productivity there has been has not resulted in jobs, increased wages or investment.

Tax cuts for the wealthy continue apace, removing revenue when it's needed most, and the tax cuts have not spurred spending by the wealthy. Seems they are saving.

Any consumer contributions have come from increased household debt.

The deficit is growing because of increased spending and no controls.

Bush may be just the president, but his policies are what Congress is approving.



None of your conclusions are supported in any way by the numbers....

Only by your bluff....

(pitiful)

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Denigration, bluster, bile and nothing that can be termed 'substance' . . .

Paul! How can you say such things about your friend Carl? And after he was trying to support you!

First amorphous generalized claims in total opposition to reality...

Then, it's back to;

More denigration...

More bluster....

More bile......

Nothing that can be termed 'substance'.....

Are you impressed ?

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