alt.politics.economics

Video61@ wrote:
> On Nov 28, 4:44 pm, Capri wrote:
>> Jus when the left was happy as a clam with the stocks dropping on a
>> daily basis, Oil prices approaching the $100 bbl level and the housing
>> market still not looking good.
>>
>> The likes of Harry Hope and ilk were having orgasms.
>>
>> They couldn't cut and paste fast enough
>>
>> "Stock market Plunging"
>>
>> "America head for the Abyss"
>>
>> "Bush raising oil prices for his buddies"
>>
>> "The Nazi Republicans stealing your childrens future"
>>
>> Pages and Pages of the same stuff from the doom and gloom nut cases
>> that
>> frequent .
>>
>> Why it was enough to make me go out and buy a few hundred shares of
>> Citigroup stock!
>>
>> Now that the stock market has come back 500 points in 2 days, the
>> price of oil seems to be dropping, the dollar is improving and there
>> appears to be the possibility of a middle east peace agreement in the
>> works, Those same lefties must be unhappy as hell.
>>
>> Why would anyone want to be part of the doom and gloom crowd, huh?
>
> of course you completely ignore that this so-called rally is
> completely paid for by the . tax payer, and has no real basis in
> reality.
Not exactly true, part is paid for by China buying US
treasuries... The taxpayers will defer the bill, but it will
come due and with interest. Sound like a great strategy,
or not.....

> if there we strong fundamentals, there would be no need for the rate
> cuts. in fact the rate cuts look anemic, its the . citizens that
> are the real basis of the problem. rate cuts for the wealthy, wage
> squeeze for the rest of us. hardly a reason for optimism.

Very true. a la Ravi Batra.