actually I have seen a number of newspaper articles in the last several days expressing concern over the amount of consumer and mortgage debt out there. And the Albuquerque daily (otherwise known as "the local bush apologist rag") is hardly something you can describe a liberal and bush-hating.
Dana On 8/28/05, Gruss Gott <[EMAIL PROTECTED]> wrote: > > Sam wrote: > > You seem to think his warning is a message that it's too late and > > the depression is here. > > > > The investor's concern is not depression vs. bubble, it's is a steady > economy that can be counted on to reliably expand. When there's > uncertainty, run-of-mill investing doesn't work as well. We are in > such an economy. > > At to your other "takes" on the economy, it is not a matter of opinion > but a matter of fact. That is, your contention that I'm "wrong" is > clearly false as proven below. Mr. Bush has had 6 years to inspire > confidence in the economy and he clearly hasn't done so. That doesn't > mean depression, but it doesn't preclude it either. > > Stocks Fall On Greenspan's Remarks > Annalisa Burgos, 08.26.05, 5:35 PM ET > > NEW YORK - In the headlines this afternoon, the markets end a > disappointing week. The Dow Jones industrial average fell 0.51% to > 10,397.29--the index's lowest close in seven weeks. The Standard & > Poor's 500 index was down 0.6%, while the Nasdaq dropped 0.64%. > > Investors mulled over grim remarks from Federal Reserve Chairman Alan > Greenspan and disappointing economic data. The University of > Michigan's consumer confidence index fell to 89.1 in August amid > higher gas prices. Meanwhile, Greenspan warned of a rough end to the > housing boom, saying that, while rising stock and home prices have > driven spending, the perceived wealth can quickly disappear. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:171431 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
