The dems and GOP stimulus package

i feel stimulated already

The Dems announced yesterday, the Stock Market went up - The Reps annouce today, the Stock Market goes down.

Bush talks on finances, the Stock Market goes down!

Need I say more, a direct correlation!

Oh puhleeze! When I looked at what happened yesterday, I predicted that today would be a bummer on the stock market. The short sellers and day traders made themselves a nice little profit, while the more timid investors saw their profits shrink.

It seems that some people will never learn. The stock market is still run by customer psychology, which has absolutely nothing to do with the worth of the stocks. The stock market has become just another gambling casino!

Phoenix, I wouldn't go that far! Our mix of funds are doing fine, thank you. We broke even last year when most lost money. I'll stick with our mix of funds, and when the market does begin to show some gains, we'll be riding it up. Unless you have faith in the US economy, there's nowhere else to go! If everything goes in the dumpster, we'll all be suffering - even the people with $$$, so it doesn't make any difference. c.i.

c.i. - the people with $ will hurt, but they diversify in direct capital purchases, land in many countries, yen, pounds, gold, etc ad infinitum. They have a little better porfolio than me!

dys, did you mean "stimulated" of "simulated.?" There's always been a kind of mob mentality to the market, much of it behind the scenes (day trading, and so forth). This double taxation outcry is ridiculous -- you earn money than spend it and pay sales tax. So why not do away with sales tax? Your purchases have corporate taxes figured in as a cost of the sale -- corporate accountants that I have worked with have been doing this for years. Hidden taxes are what business and the government really don't want one to uncover.

BillW, I'm talking about consumable goods and services. A whole lot of land, gold, and foreign currency will still buy zilch. c.i.

LW, then that means if/with all the Corporate tax reductions then the cost of goods will be going down - right?

BTW, That's what Japan did before the balloon burst. They were rich in money, so they bought a whole lot of land - in the US too! Guess what happened? c.i.

Ohhhh, c.i. they are good hedges if you can just afford to own them and forget them. That's what Anne Rice's vampires live on - hmmmmm, maybe I found a direct comparison!

Does this mean that vampires are all probably Republican?

No way, Bill W -- the factor remains in place which means the corporation is getting a tax credit but not passing in back to the consumer. That is, unless the consumer market laxes and they have to cut prices. Poor babies.

BTW, you can choose to believe this or not as it is done covertly, one of they many things corporations do that you're not suppose to be aware of. This is strictly from my direct experience but not in recent years.

LW, everthing is added on. I choose to believe you. Maximize profit!

I haven't as yet read all the hidden clauses in either proposal. But at first glance it appears that I and many of you will still be paying tax on dividends. How? The wealthy are the ones who have large stock portfolios and they by all reports are the ones who benefit from this tax relief. For the rest of us [not all] the consensus is that what stock we own for the most part is in our IRA's. Therefore any gain due to dividends remains in the IRA for argument sake in the form of cash. When a distribution is made where the gain was made is irrelevant. You must pay tax on it as part of regular income. Therefore, it would seem that in this instance you will continue to be paying tax on dividend income. At least that is the way it would appear.

Polls Hint Some Doubt Bush Economic Plan
By The Associated Press


President Bush has not yet convinced the public that his economic policies and tax cuts are fair to all Americans, two new polls suggest.

Nearly six in 10, 59 percent, said Bush's economic policies favor the rich, while 11 percent said the middle class, 2 percent said the poor and 23 percent said the policies treat all people the same, according to a CBS News poll released Tuesday. Fifty percent said that Bush's tax cut proposals favor the wealthy, just over a third said it favors the wealthy and those less well off equally and 4 percent said they favor the less well off, according to an ABC News poll.

au, Your interpretation of the tax on dividends will remain on 401k's and IRA's is correct. According to today's San Jose Mercury News, only about 35 percent of Americans own after tax stocks that will benefit from this tax law - and the majority of them are officers and directors of corporations that owns thousands, if not millions, of shares. c.i.

All I can say it's good to have friends in high places.

or high friends in good places