Author Topic: The President's New Pitch (Read 1106 times)

Holden McGroin · « **Reply #30 on:** July 31, 2002, 12:33:46 AM »

You'll note that the majority of the leading economic indicators presently show a growth economy. The major indicator that is contrary is the stock market.

9/11 obviously did have an effect, but an over priced stock market, (P/E ratios at near all time highs), poor power market deregulation laws in Calif, (they deregulated wholesale, but not retail and wrote loopholes to be exploited), the realization of the "tulip ecconomy" of the internet sector, (read your dutch history), these all happened at near the same time, and exerted a great driving force to the downturn.

Of course if you were heavily invested in UAL, 9/11 was a biggy.

The stock dump would have happened regardless of Osama.

texace · « **Reply #31 on:** July 31, 2002, 03:22:45 AM »

Boy...I'm gonna hate econimcis next year...Christ this is getting to be confusing. The only thing I ever saw from politics was a huge pissing contest about which party did what and how the other is to blame for everything.

But since I'm not old enough to vote yet...I have no room to speak. Perhaps one day I'll get it...but right now...let the pissing contest continue...

Eagler · « **Reply #32 on:** July 31, 2002, 06:43:52 AM »

Quote

Originally posted by Toad
So 9/11 had nothing to do with the current state of the economy then?

Toad
haven't you heard?
GWB setup 9/11 so he'd have something to blame the crash on, which was really caused by his tax cuts and $300/600 rebate checks.

Yes, the WJC ("aren't you better off then you were 4/8 years ago" - now pls left me alone while this fat arse services me in the oral office) overinflated market would have corrected but not as drastic as 9/11 allowed. The dems and the media took it from there ..................... what? don't you know EVERY CEO is a crook and a thief! Just watch the news, but no worries - big brother is looking out for us now

N1kPaz · « **Reply #33 on:** July 31, 2002, 07:22:36 AM »

Anyway you cut it, Bush has brought some measure of decency and morality back to the presidency. He may not be the best, but he sure as heck knows how to rally the american people around a cause.

I might consider voting for a democrat one day, but all the decent upstanding folks are republicans, so I doubt i could find one to vote for.

Haw Haw Haw Haw Haw Haw:mad:

Nifty · « **Reply #34 on:** July 31, 2002, 08:30:50 AM »

texace, you nailed it on politics. However, just remember to throw in the word lemming next time.