[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Re[3]: [RT] spx daily



PureBytes Links

Trading Reference Links




Tax cuts only "cost" money to politicians and 
bureaucrats and their defenders.
 
 
----- Original Message ----- 
From: <A 
title=mar.ko@xxxxxxxxxxx href="">Mark Simms 
To: <A title=realtraders@xxxxxxxxxxxxxxx 
href="">realtraders@xxxxxxxxxxxxxxx 
Sent: Sunday, May 25, 2003 9:03 PM
Subject: RE: Re[3]: [RT] spx daily

Some analyst 
calculated this great tax package will cost $340,000 for each new job 
created....
wow, that's REAL 
efficient.
And it highlights 
the problems with targeted spending or tax-cut programs like this 
one.....
not the best way 
to go. 
Best just to 
cut-out the same dollar amount of fat and waste in Washington....much, much more 
effective...in the long run.
<FONT color=#0000ff 
size=2> 
<BLOCKQUOTE 
>
  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Bobh 
  [mailto:BHEISLER@xxxxxxxxx]Sent: Sunday, May 25, 2003 1:54 
  PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: Re[3]: 
  [RT] spx daily
  Nice post Kent.
   
  This brings another thought to mind regarding 
  the recent tax cut package.  Some of the whining coming from the dems is 
  quite interesting.  If in fact the most recent package is going to lead 
  us to Armageddon, which of course it won't, then they ought to be jumping 
  for joy since it would help them in 2004.....
   
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Kent 
    Rollins 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Sunday, May 25, 2003 12:25 
    PM
    Subject: Re: Re[3]: [RT] spx 
daily
    
    
    >The 
    current economic condition is SYSTEMIC....and thus resistant to "Quick 
    fixes".
    <FONT 
    color=#0000ff> 
    Three years of a down economy is not 
    "quick".  And "resistant" is not impermeable.
     
    
    >Bush 
    fired Laurel and Hardy (O'Neill and Lindsay)  because they told him you 
    can't cut taxes, wage expensive war, and continue sponsoring a huge, costly 
    bureaucracy in Washington....it's economic suicide in the long 
    run.
    
    >That's 
    why he fired them....but THEY were right.
    <FONT 
    color=#000000> 
    If O'Neill and Lindsay were in your 
    opinion right, then why do you refer to them as Laurel and Hardy.  This 
    is part of your problem, MASSIVE Mark.  You are overly critical of 
    everything.  We're either going to have MASSIVE inflation or MASSIVE 
    deflation.  You don't care which as long as it is MASSIVE and 
    destructive.
     
    
    >These 
    deficit projections are just the tip-of-the-iceberg.......and incredibly, 
    there is still no talk of government cut-backs in spending programs and 
    transfer payments.....just incredible !
    <FONT 
    color=#0000ff> 
    Bush is smart politically.  There 
    was a study done in the late 80's that said for every new dollar of tax 
    money brought to the government by economic growth, Washington spent $1.30 
    (or some figure like that).  That was the 80's.  I doubt things 
    have changed.  Bush is choking of Washington's money supply.  
    That's the only way to get them to reduce spending.  It's the only way 
    PERIOD.  You seem to think that these bigger deficits are a 
    problem.  Recently, there was a book published that studied the effects 
    of large national debts on countries.  England in the 1800's had a 
    national debt that was 300% of GDP.  THAT'S MASSIVE, MARK.  A 
    number even you would appreciate.  They built up that debt thru wars 
    and empire building.  But it wasn't a problem for England.  They 
    paid it off and now they are just fine.
     
    The only way to make Tiny Daschle say 
    "Well, I guess we don't have money for new social-dependency (aka 
    vote-buying) programs." is to put him in a deficit position.  What are 
    the Dumocrats really complaining about today?  Listen carefully.  
    They are complaining that they can't enact a drug benenfits program (aka 
    social dependency program, aka vote-buying program).  They are 
    complaining that they can't make healthcare free for everyone.  They 
    don't want to pay down the debt.  They want to take our money from us 
    and use it to make us dependent on a social welfare State.  Despite the 
    fact that we know socialism and welfare failed...MASSIVELY.
     
    The only way...THE ONLY WAY...to cut 
    Washington's spending habit is to take away their money.  And THAT is 
    exactly what Nucular George is doing.
     
    Do you see anything in the world today 
    that is going right, MASSIVE Mark?  Anything positive?
     
    Kent Rollins
    <FONT 
    color=#0000ff> 
     
    ----- Original Message ----- 
    From: <A 
    title=mar.ko@xxxxxxxxxxx href="">Mark Simms 
    
    To: <A title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Sunday, May 25, 2003 12:55 AM
    Subject: RE: Re[3]: [RT] spx daily
    <FONT 
    face=Arial size=2><FONT face=Arial 
    size=2><FONT face=Arial 
    size=2><FONT face=Arial 
    size=2><FONT face=Arial 
    size=2><FONT face=Arial 
    size=2>
    I'm not 
    thinking MASSIVE here, only LONG-TERM.
    Part of my 
    bearishness comes from the current high PE Ratios for one....there just 
    seems to be so much ANTICIPATION for a big recovery 
    here...
    I don't see 
    it, quite frankly.
    Bush fired 
    Laurel and Hardy (O'Neill and Lindsay)  because they told him you can't 
    cut taxes, wage expensive war, and continue sponsoring a huge, costly 
    bureaucracy in Washington....it's economic suicide in the long 
    run.
    Bush did not 
    want to hear this....moreover, h<SPAN 
    class=930204604-25052003>e's 
    "dumb"...economically.
    That's why he 
    fired them....but THEY were right.
    These deficit 
    projections are just the tip-of-the-iceberg.......and incredibly, there is 
    still no talk of government cut-backs in spending programs and transfer 
    payments.....just incredible !
    <FONT color=#0000ff 
    size=2>Unfortunately, Bush may be out of office before this is proven 
    correct.....
    <FONT color=#0000ff 
    size=2> 
    <FONT color=#0000ff 
    size=2> 
    <BLOCKQUOTE 
    >
      <FONT face=Tahoma 
      size=2>-----Original Message-----From: Kent Rollins 
      [mailto:kentr@xxxxxxxxxxxxxx]Sent: Friday, May 23, 2003 8:16 
      AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: Re[3]: 
      [RT] spx daily
      How can YOU ignore everything besides the 
      tech sector?  If everything but the tech sector has turned the corner 
      on the economy, that sounds like a good thing to me.
       
      With respect to the "derivatives bubble", 
      prove to me that there is one.  This is the first I've heard about 
      it.  Lately, Warren Buffet has been saying a lot of 
      stuff with which I don't agree.
       
      FYI, consumers have been repairing their 
      balance sheets as well.  Sorry I can't remember the numbers on that 
      one either.  It's not as dramatic as the improvements on the 
      corporate side, but it was an improvement.
       
      So you're joining Simms on 
      predicting MASSIVE Great Depression II.
       
      Kent Rollins
       
       
      ----- Original Message ----- 
      From: <A 
      title=bradcline@xxxxxxxxx href="">Brad Cline 
      
      To: <A title=realtraders@xxxxxxxxxxxxxxx 
      href="">realtraders@xxxxxxxxxxxxxxx 
      
      Sent: Friday, May 23, 2003 2:08 AM
      Subject: RE: Re[3]: [RT] spx daily
      
      <FONT face=Arial color=#0000ff 
      size=2>How can you ignore the tech sector? That's like pro forma 
      accounting. If I didn't have to  make my house payment everything is 
      rosy. The markets have seen their lows only if the derivitivies bubble 
      doesn't burst, or consumer debt doesn't come home to roost. Warren Buffet 
      has said that derivities are a "time bomb" waiting to happen. Maybe the 
      fed will be able to balance everything out over time but I wouldn't bet on 
      it.
      <BLOCKQUOTE 
      >
        <FONT face="Times New Roman" 
        size=2>-----Original Message-----From: Kent Rollins 
        [mailto:kentr@xxxxxxxxxxxxxx]Sent: Thursday, May 22, 2003 
        8:12 PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: 
        Re[3]: [RT] spx daily
        Corporations have been doing balance sheet 
        repair for 2 years now.  AT&T alone has eliminate over $50 
        BILLION in debt.  I saw on the tube last week someone who had a 
        stunning statistic on what the S&P profits are if you ignore the 
        tech sector.  Wish I could remember what that statistic was.  
        And the tech sector will fall in line soon enough.  You are 
        stuck in a rut.  The markets have seen their lows.  Shake it 
        off.
         
        Kent 
      RollinsTo unsubscribe from this 
      group, send an email 
      to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour 
      use of Yahoo! Groups is subject to the <A 
      href="">Yahoo! Terms of Service. 
      To unsubscribe from this group, send an email 
    to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour 
    use of Yahoo! Groups is subject to the <A 
    href="">Yahoo! Terms of Service. 
    To unsubscribe from this group, send an email 
    to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour 
    use of Yahoo! Groups is subject to the <A 
    href="">Yahoo! Terms of Service. 
    To unsubscribe from this group, send an email 
  to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour 
  use of Yahoo! Groups is subject to the <A 
  href="">Yahoo! Terms of Service. 
To 
unsubscribe from this group, send an email 
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour use 
of Yahoo! Groups is subject to the <A 
href="">Yahoo! Terms of Service. 







Yahoo! Groups Sponsor


  ADVERTISEMENT 









To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx





Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.