[Timber Loftis]

Originally Posted by John D Harris WOW!!!!! that was rather acurate... who are you and what have you done with TL????

In the long run (we're all dead, right?), I try to be as Fair and Balanced[TM] as I can. I just want things done right. But, thanks, I guess, for recognizing that I know my history.

everybody has a right to own a house policies

This was a big pie-in-the-sky dream of the Repugs, much moreso than it was owned by anyone else. Fannie and Fredie may have had Democrud ties, but the idea of home ownership for everyone was a Repug ideal, and they proliferated it with aplomb.

When they started alowing the dirivatives, futures crap the stockmarket ceased to be an indicator of the economy and how well companies were preforming.

Despite your usual misspellings, this is accurate.

Stocks are nolonger priced by what they are worth but are now priced by what somebody thinks they can make off selling them.

This has always been the case, and is a central problem with the SEC.

We are living in a preception is reality bubble right now and sooner or later reality will brust it wide open.

I'd have to search to find what is the current bubble. Following the housing bubble, we had a big gas bubble. I'd have to search a bit to find out what the current bubble is. Wall Street is always selling us a bubble... following housing it was gas. How do we know what the current bubble is? Well, look to where Wall Street is telling the big pension fund managers where to put their money at the moment -- that, my friend, is the bubble.

I was hoping they wouldn't make a deal

Me too. I wanted a Gov't shutdown. HALE, it didn't hurt us in the 90's, and really can't hurt us now. I wanted to see Gov't workers furloughed.

As miss Betty once said Hold on we're in for a bumpy ride.

Sadly, indeed we are.