Sorry if I sounded, well, like lester or keogh. You know, confusing and all. It’s not something that I do often.

Regards,
Peter H.

Thats so funny, if it weren’t sooo sad! Winning the war on terror..? What does that mean..? Terror has been around for 100′s of yrs…where’s the terro home base? Do they wear uniforms to recognize them? How man of OUR RIGHTS do we have to give up to win this so-called war??? Fiscal conservatives? Waaaaa? Maybe the Repubs of the past..but NOT this batch by far? You must be dreaming! Individual freedom? lol (unless your gay) With this brand of GOP now in ofc..we might as well say “Ta Ta” to the Republic now!

In this case, silence is not assent. I don’t believe that he finds this country great or is glad to be here than, say, Chad or Lebanon.

Regards,
Peter H.

A short recon of what?s out there that might draw your attention….

Just Do No isn’t leadership.

I still think Dan and Bruce are whistling past the graveyard. The Nuts will take over the House, and while they are very likely to launch insane impeachment investigations, massive tax hikes, and amnesty bills for terrorists and illegal immigrants, the Crooks should not just sit back and wait for this to happen. We have to figure out how use their time in the minority to get the GOP back to first (Conservative) principles.

But speaking of the economy, if you really want to cripple the economy big time, just enact two centerpieces of the Democrat agenda… massive tax increases coupled with 100% inspection of all cargo containers entering the US. Since our economy is based on trade, that second measure will all-but-assure a recession.

And then of course NDT might put out some more stats that are blatantly warped yet fit his limited worldview. (or he might just call me an anti-semite again)

Its folks like you two who make the rational leave this blog

If there was any evidence needed to prove you’re an idiot….well there it is. And no, neither Bush nor the GOP has anything to do with that.

just tell that to all those who lost a lot of money in it over the last six years.

I haven’t, Slappy. If you’re not responsible and stay on top of it, that’s your problem, not Bush’s.

But this fits the liberal template. Blame everybody else for your mistakes.

Is the sky blue?

Here in Arizona it’s always blue. Look, Dan’s quote was pollyannish and I simply wanted to inject a note of reality.

#3: Only the naive believe that one or two narrow indices are representative of the “stock market.” As for your casual dismissal of the NASDAQ, just tell that to all those who lost a lot of money in it over the last six years.

The benchmark for my ARM has doubled in two years. Your blather notwithstanding, such performance hardly represents “stabilized low interest rates” which was what my comment was in reference to. Plus the trend is up and certain to continue in that direction – absent the Dems taking over one or both of the House and Senate tomorrow – what with the GOP’s profligate goverment spending.

Which is not surprising; the NASDAQ was the tech-heavy exchange, and its all-time high was set at the height of the Internet bubble. The NYSE, on the other hand, is much less so, since it’s mostly income-stock based, and considered to be a much stronger indicator of sustainable economic growth. Furthermore, since the S&P 500 is based on both the NYSE and the NASDAQ, it’s going to be low; it reflected the bubble as well.

My ARM interest rate benchmark (the relatively stable 11th District COF) has more than doubled in two years.

Indeed it has.

However, as you note, what you are screaming about is the fact that it has gone from its low of 1.708 in May of 2004 to a current high of 4.382 — which is still over half a percentage point lower than the lowest it hit during 2000, and only just now approaching the levels it saw during the late 1990s.

If you were measuring consistently, Ian, you would realize that. But the simple fact of the matter is that your economic knowledge is limited to the talking points you receive; that’s why you can whine that a bubble-based NASDAQ and higher interest rates made for a “better economy”.

“nearly historic low unemployment, historic stock market highs, stabilized low interest rates, historic high home ownership rates, declining gas prices.

The only major market indicator hitting new highs is the Dow. The far broader NASDAQ and S&P500 are well below their highs from 2000. Indeed the NASDAQ is about half its all-time high. Stabilized low interest rates? What a joke. My ARM interest rate benchmark (the relatively stable 11th District COF) has more than doubled in two years. And those wonderful home ownership rates have been at the cost of financing gimmicks that are going to wreck many dreams. As for the declining gas prices, they’ve stopped declining – must be an election approaching! Just wait until after tomorrow – oil and gas prices will climb back up.