View Single Post
  #127  
Old March 5th 09, 04:45 AM posted to rec.bicycles.racing
Paul G.
external usenet poster
 
Posts: 1,393
Default STOP THE FEAR MONGERING

On Mar 4, 7:30*pm, RobertH wrote:
On Mar 3, 7:10 am, Scott wrote:



On Mar 3, 2:47 am, John Forrest Tomlinson
wrote:


On Mon, 2 Mar 2009 21:05:59 -0800 (PST), Scott


wrote:
On Mar 2, 8:00 pm, "Paul G." wrote:
On Mar 2, 5:32 pm, Scott wrote:


On Mar 2, 12:40 pm, "Paul G." wrote:


On Mar 2, 11:00 am, Bill C wrote:


*When they are insisting that Congressmen have to vote to pass this
without even giving them the time to read the thousands of pages,
"trust us", then that's beyond ****ed up, but hey if it works for you
folks.


Practical consideration- how long do you figure it would take all 500+
members of Congress to read those thousands of pages? *What would
happen in the meantime?
-Paul


How long did it take Pelosi and crew to write those 1000+ pages?
Perhaps I'm naive, but if a bill is too long to be read in it's
entirety, it's too long to vote on (for or against).


Oh, as to what would happen in the meantime, we might not have lost
another 15% in the market. *Doing nothing is often a bad thing, but
doing the wrong thing is always a bad thing. *Sometimes nothing is
better.


How many times did you vote for Bush?
-Paul- Hide quoted text -


- Show quoted text -


What's your point?


That no one should take you seriously.- Hide quoted text -


- Show quoted text -


We're not talking about President Bush here, so your reference to him
is useless. *We're not even talking about ANY republican alternative
to President Obama. *We're talking about the current president, the
"stimulus" bill and the state of the economy. *You hate President
Bush, we all get that. *But let's try to stay on point.


Here's something serious for you to consider. *Check the level of the
market the day before the election, the day of the inauguration, the
day the House released their initial version of the spending bill, the
day the House republicans voted against it, the day those three
miserable Senate republicans voted to prevent further debate, and the
day the spending bill was signed into law. *Check the level the day
they announced another 4+ bil dollar pork bill laden with 9000
earmarks, and then you tell us what's driving the market down. *The
pattern is pretty clear. *When it looked like there may be some
serious debate on a STIMULUS bill the market was stable, or even a
little up. *It's been on a significant spiral ever since it was clear
there was no stimulus but lots of spending. *The markets have spoken:
Obama/Pelosi spending bill is NOT going to stimulate anything other
than big govt and big debt.


The stimulus is chicken feed. The markets are getting sucked into the
black hole where the banks used to be.


Good analysis. That's a fact.
-Paul
Ads
 

Home - Home - Home - Home - Home