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Kerry - Wall Street hates Kerry too !

 
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MAXX
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Joined: 31 Aug 2004
Posts: 68

PostPosted: Thu Sep 09, 2004 9:31 pm    Post subject: Kerry - Wall Street hates Kerry too ! Reply with quote

Interesting Article - Stock Index prices and Kerry poll numbers seem inversely correlated.. hmm...

http://washingtontimes.com/national/20040906-112927-4150r.htm

have fun !
MAXX (from Austria)
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Stevie
Master Chief Petty Officer of the Navy


Joined: 25 Aug 2004
Posts: 1451
Location: Queen Creek, Arizona

PostPosted: Fri Sep 10, 2004 7:48 am    Post subject: Reply with quote

yes, I hear this continually on the Neil Cavuto show....

we should be sure to tell ths to friends and relatives if they are Kerry people and concerned about the economy.

another thing is this poverty index (or whatever they call it); they've discussed that - and it isn't what it sounds like... well, maybe in a way it is... but 'poverty' to us is not having more than 1 tv (or 2) , not having more than 1 car (or maybe only being able to afford a car under 20,000.00) .... it's not starving and living on the streets type 'poverty'.... i'm in poverty.... I only have 1 tv... satilite in 1 room.... 1 very old car (1985) etc.... I'd love to be able to afford a new car and a 20,000.00 car would be a dream to me!

I also just heard we don't want another super economy boom like during Clinton yrs.... a slower increase (like we're having) would be safer.... less likely for an economy 'bubble' to burst - like it did!
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MAXX
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Joined: 31 Aug 2004
Posts: 68

PostPosted: Fri Sep 10, 2004 10:16 am    Post subject: "Poverty" measurement Reply with quote

Stevie,
all a question of framing the debate. The left wing loves the "Lorenz curve". This is a RELATIVE measure of poverty - income & wealth distribution in rleation to the super rich..

in contrast to them we are all in "poverty".. this is of course all nonsense .. poverty should be measured versus ABSOLUTE reference points..

MAXX (from Austria)
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