JZVOL
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I am glad you are not engaging in any uber-right spin or anything like that. Always nice to get into details with you, BPV, rather than the usual gross overclaims and exaggerations of some people.
Sarcasm noted. Tell me about how awesome this spending program is going to be and what wonderful people we are for giving away free money to homebuyers (which will only serve to artificially by almost exactly 8k amazingly enough). Finish that off with one decent example of federalized healthcare and one instance of same keeping the best and brightest pouring into medical schools.
I'm pumped for that answer.
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Re: health care, ask your parents or anyone else over 65 whether they think Medicare is a good idea. Then go check the overhead associated with Medicare versus the profit and overhead margins associated with BCBS or Aetna or Prudential or whoever, and get back to me.
re: homebuyers, something garbled there in translation, can you correct?
The market would be crushed, but it doesn't like the big new spending and future tax on the wealthy for 100% sure.
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You dramatically overestimate the number of yacht types.But don't you think this fear that the big cats on wall street have that they might not be able t get that second yacht they want is overriding market fundamentals at this point? It seems to me with stocks the way they are it would be a great time to buy and invest.
My parent absolutely hate Medicare in any and every form. No debate about it. That's simply welfare for the elderly and another SS style entitlement, regardless how you couch it. Further, are you senseless enough to think the bureaucracy doesn't coat about 14 times the health insurance underwriter enjoys?
Reread the other for yourself. I suspect you can find someone who can splain it to you.
Finally, you addressed neither of my questions re healthcare.
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You dramatically overestimate the number of yacht types.
Seems to me that it's a good time to invest, but market psychology doesn't work that way, especially when the biggest investors are retirement fund managers scared of their shadow.
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Regardless, would you say the retirement fund managers fear is primarily the fault of Obama?
And despite your misgivings on the stimulus plan as a whole (we can agree on the healthcare manure among other socialistic initiatives) now that there is money flowing back into the economy wouldn't they be a little more optimistic about people having money to spend?
The stock market is a foward looking indicator and it doesn't look good based on the crap that is comming out of Obama's mouth. If he would stop with his liberal gibberish, the market would rally. (IMO)
Good.....
Because if the usual suspects vote poor and terrible,it has to be he's doing a good job!
so you assume all of the spending programs and increased taxes on those who can turn this around are a deke?I voted "great" out of spite, and because there's not an "ask again later" option. Honestly, I'm not 100% sure on his performance yet, but I'm not disappointed. I think a lot of people were under the impression that the nations problems were supposed to disappear as soon as the man took office. Ask me again in December. By that time his policies will have had time to take effect and then we'll see the repercussions of his actions.