Thread: Is it just me?
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Old 10-03-2002, 12:02 PM   #11
Azred
Drow Priestess
 

Join Date: March 13, 2001
Location: a hidden sanctorum high above the metroplex
Age: 55
Posts: 4,037
Quote:
Originally posted by Timber Loftis:
The only thing I'll say on the Clinton/Gore comments is I'd let 'em back in for a third term if it would bring back the economy of the 90's. Are you watching the market lately? Bush's fault / not Bush's fault - whatever - I had more money when the fat pervert was in office than I do with the monkey in office.
There are four reasons why the economy has stalled:
1) too many investors engaging in speculative behavior with stocks. This is just a nice way of saying gambling; when you gamble, you eventually lose.
2) too many companies pad 401(k) plans with company stock instead of money. When the stock take a hit, so do the 401(k)s, eroding retirement savings.
3) the economy had to have a natural stall after a period of growth. History proves this.
4) the accounting disasters such as Enron, WorldCom, and Tyco. To say that this is criminal is an understatement.
If you want to invest money in stocks, then statistics show that you must invest in 10 to 15 different industries to minimize risk. This is the power of diversification.
I can show you--or anyone--how to invest and make money regardless of whether the markets go up or down. [img]graemlins/beigesmilewinkgrin.gif[/img]

The reason the Democrats are being so vocal lately is because elections are coming up. As the party out of power, they are supposed to criticize the Republicans so they can win elections and become the party in power. That is our system.

I agree with Cerek--I hardly think Barbara Streisand knows what it is like to be in touch with the common person. When was the last time she stopped in for a cheeseburger on her way to the WalMart? [img]tongue.gif[/img] [img]graemlins/petard.gif[/img]
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