"house Of Corruption?"

treedancer

Commander
Joined
Apr 10, 2005
Messages
2,216
Re: "house Of Corruption?"

OK Mr. Tree lets engage intellectually shall we? N' cut the carp!!! The above post is real cute, but: that is the extent of it.

#1 Democrats run on a platform of more taxes at all levels of Government. They are very effective in their persuit of that philosophy here in God's Country. Our phone bills, our Cable TV, our Water, our Sewer, our Electricity our gas bills, they are proposing a tax on breathing I hear tell!!

Ok JR, lets ?lets engage intellectually shall we?, can?t speak for the Seattle area, but will try to address my read on the Republicans on the National level. Your statement that it is the philosophy of the Democrats to raise taxes is flawed. My reading is that the Democrats are being responsible by paying as you go, not burdening our grandchildren with an unbearable debt put on there backs by there grandparents, Using some crazy Ponzi scheme of paying it off with inflated dollars, when we are but a distant memory.

< legislate from the bench dim wit Dems>

So much for (?lets engage intellectually shall we>?



Now lets take a look at that old conservative bogyman ?libruulll judges ?that are likely to legislate from the bench. First we have too define judicial activism, one that I found was, a propensity to strike down statutes passed by congress. Sounds like judicial activism to me, when you strike down something that was passed by our lawmakers. Now lets look at Justice Clarence Thomas, he has voted to strike down Congressional laws at the rate of 65.63 percent, Justice Stephen Breyer, appointed by President Bill Clinton, was the least, voting to invalidate 28.13 percent. Here is the whole list, it?s a bit dated but still relevant.

<Thomas 65.63 %, Kennedy 64.06 % Scalia 56.25 %,,Rehnquist 46.88 %,
,O?Connor 46.77 %, Souter 42.19
%, Stevens 39.34 %, Ginsburg 39.06 %
and
,Breyer 28.13 %>

. There went that old bogyman down the tubes.
Now lets take a look at what a ?constructionist judge? is. Evidently this administration considers a ?constructionist judge? somebody like Justice Scalia who went hunting with the Vice President and then refused to recuse himself from an upcoming case involving the Vice President. Perhaps we have been looking in the wrong places for a ?constructionist Judge, ?perhaps President Bush had it right, when he nominated ?Harriet Miers,? for the supreme court, in spite of her never serving as a judge, nothing like a little out of the box thinking. Myself I think what Rudy Giuliani said recently pretty well fills the bill.

< What 'strict constructionist' means is that a judge will interpret the Constitution in accordance with what someone else meant when they wrote those words and not try to legislate," said Rudy. "If you are not a strict constructionist, I believe you imperil the American democracy because you take the role of a legislator.">

< I've steered clear of the helping America's enemies, n' voting against missile defence et al, (which also bugs me about dim wit Dems)>

I've steered clear of the helping America's enemies, n' voting against et al,


Here JR, take a look at this vote.

Vote Number: 245 Vote Date: July 12, 2007, 04:10 PM Required For Majority: 1/2 Vote Result: Amendment Agreed to

YEAs-90 NAYs-5 Not Voting--5

Statement of Purpose: To state the policy of the United States on the protection of the United States and its allies against Iranian ballistic missiles. Bummer right JR.

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=1&vote=00245

Glad you decided to ?engage intellectually? with me JR instead of calling names.

My only hope is when you pull your head out, it is still facing the front.Respectfully, DC.



"
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: "house Of Corruption?"

OK Mr. Tree lets engage intellectually shall we? N' cut the carp!!! The above post is real cute, but: that is the extent of it.

#1 Democrats run on a platform of more taxes at all levels of Government. They are very effective in their persuit of that philosophy here in God's Country. Our phone bills, our Cable TV, our Water, our Sewer, our Electricity our gas bills, they are proposing a tax on breathing I hear tell!!

Ok JR, lets ?lets engage intellectually shall we?, can?t speak for the Seattle area, but will try to address my read on the Republicans on the National level. Your statement that it is the philosophy of the Democrats to raise taxes is flawed. My reading is that the Democrats are being responsible by paying as you go, not burdening our grandchildren with an unbearable debt put on there backs by there grandparents, Using some crazy Ponzi scheme of paying it off with inflated dollars, when we are but a distant memory.

< legislate from the bench dim wit Dems>

So much for (?lets engage intellectually shall we>?



Now lets take a look at that old conservative bogyman ?libruulll judges ?that are likely to legislate from the bench. First we have too define judicial activism, one that I found was, a propensity to strike down statutes passed by congress. Sounds like judicial activism to me, when you strike down something that was passed by our lawmakers. Now lets look at Justice Clarence Thomas, he has voted to strike down Congressional laws at the rate of 65.63 percent, Justice Stephen Breyer, appointed by President Bill Clinton, was the least, voting to invalidate 28.13 percent. Here is the whole list, it?s a bit dated but still relevant.

<Thomas 65.63 %, Kennedy 64.06 % Scalia 56.25 %,,Rehnquist 46.88 %,
,O?Connor 46.77 %, Souter 42.19
%, Stevens 39.34 %, Ginsburg 39.06 %
and
,Breyer 28.13 %>

. There went that old bogyman down the tubes.
Now lets take a look at what a ?constructionist judge? is. Evidently this administration considers a ?constructionist judge? somebody like Justice Scalia who went hunting with the Vice President and then refused to recuse himself from an upcoming case involving the Vice President. Perhaps we have been looking in the wrong places for a ?constructionist Judge, ?perhaps President Bush had it right, when he nominated ?Harriet Miers,? for the supreme court, in spite of her never serving as a judge, nothing like a little out of the box thinking. Myself I think what Rudy Giuliani said recently pretty well fills the bill.

< What 'strict constructionist' means is that a judge will interpret the Constitution in accordance with what someone else meant when they wrote those words and not try to legislate," said Rudy. "If you are not a strict constructionist, I believe you imperil the American democracy because you take the role of a legislator.">

< I've steered clear of the helping America's enemies, n' voting against missile defence et al, (which also bugs me about dim wit Dems)>

I've steered clear of the helping America's enemies, n' voting against et al,


Here JR, take a look at this vote.

Vote Number: 245 Vote Date: July 12, 2007, 04:10 PM Required For Majority: 1/2 Vote Result: Amendment Agreed to

YEAs-90 NAYs-5 Not Voting--5

Statement of Purpose: To state the policy of the United States on the protection of the United States and its allies against Iranian ballistic missiles. Bummer right JR.

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=1&vote=00245

Glad you decided to ?engage intellectually? with me JR instead of calling names.

My only hope is when you pull your head out, it is still facing the front.Respectfully, DC.



"

OK Mr. Tree, yer bobin' n ' weavin' n' spinnin' and are far from intellectually honest here, n' you know it. SHOCKING. Are you sayin' the National Democrats want to cut taxes? NO WAY: you put of some garbage about payin' down debt. That never happens: Mr Tree, since 1932!! SPADES ARE SPADES.

I do use my single brain cell: Mr Tree. Can't buy yer carp, bet others will not either.

Democrats work to raise taxes. Period. One EXCUSE is to pay down the debt 'cause they think we are all STUPID. Algore, (the nut job), had some bafoonish tale about a "lock box". Gotta be a dim wit to buy that carp too.

Don't change the language n' throw a few kitchen sinks with a bunch of garbage that is all over the place to twist the judge issue either. That is not intelectually honest, and you know it. Where does it say there is a right to kill babies: Mr Tree? Where does it say the Federal Government can even have a department of Education or Housing and Urban Devepoment, et al? I want judges to stop legislation not authorized by the Cornstatution if need be. I want judges to stick to what the ACTUAL document says not make things up. I don't care what Rudi or the man in the moon says or a bunch of meaningless statistics that show nothing but junk.

Bottom line: Libs n' Dems want to grow the government, the blood that feeds the cancer is tax dollars: N' THEY WANT MORE TAXES. Libs n' Dems seem to HATE the Country is it is, n' want to turn the judiciary into a broken out of corntrol super-legislative branch that can cram extra Cornstatutional power grabs to grow the government down all of our throats. Spade are SPADES. Americans: flush yer terlets. NO modern Democrat diserves yer vote. Period.

Don't need ta read a bunch more of yer carp to try ta muddy up things: Mr. Tree. I'm done. JR
 

treedancer

Commander
Joined
Apr 10, 2005
Messages
2,216
Re: "house Of Corruption?"



Are you sayin' the National Democrats want to cut taxes? NO WAY: you put of some garbage about payin' down debt. That never happens: Mr Tree, since 1932!! SPADES ARE SPADES.



<The chart below, Figure 1, shows the United States national debt (per Microsoft?s Encarta Encyclopedia[1] and US Government data[2]) with the various Presidents? terms marked by vertical lines. Under President Clinton the growth in debt ceased, but note the radical change in direction since George W. Bush entered office. There is no question and a lot of mathematical proof that the steepest upward rises in debt since the end of World War II, started with President Reagan and continued with other so called Neo-Conservatives. (See red in Figure 1 below. For larger views of any graph in this paper just put your mouse pointer over the graph and click on it>

. http://www.cedarcomm.com/~stevelm1/usdebt.htm


Where does it say there is a right to kill babies: Mr Tree? Where does it say the Federal Government can even have a department of Education or Housing and Urban Devepoment, et al? I want judges to stop legislation not authorized by the Cornstatution if need be. I want judges to stick to what the ACTUAL document says not make things up. I don't care what Rudi or the man in the moon says or a bunch of meaningless statistics that show nothing but junk.


And of course you expect me to defend abortion because in your mind I?m a lib, surprise I hate abortions. Talk about me throwing sxxx into the debate. You state you want judges to abide by the Constitution, man that would be like saying im against Mom and apple pie if I came out against that, ,of course im for the Constitution ,just not your version or President Bushes(its just piece of paper version) its fine as written .



Libs n' Dems seem to HATE the Country is it is, n' want to turn the judiciary into a broken out of corntrol super-legislative branch that can cram extra Cornstatutional power grabs to grow the government down all of our throats. Spade are SPADES. Americans: flush yer terlets. NO modern Democrat diserves yer vote. Period.

Your very much wrong again JR, the Dems, and some of the libs ,notice I didn?t say all of the libs, love this country and want to keep it free and out of fascist hands .
 

RubberFrog

Rear Admiral
Joined
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Messages
4,268
Re: "house Of Corruption?"

I always love these libs that say they hate abortion and then vote for someone who supports it.

I hate conservatives! That's why I vote republican... see how stupid that sounds?
 

treedancer

Commander
Joined
Apr 10, 2005
Messages
2,216
Re: "house Of Corruption?"

Quote rubberfrog



I always love these libs that say they hate abortion and then vote for someone who supports it.

I hate conservatives! That's why I vote republican... see how stupid that sounds?


Not quite so stupid as a con. that doesn?t vote in a Presidential election, then spends the next four years bitching .By the way which of the following candidates do you plan on voting for??? :confused:



Declared Republican candidates


Rudy Giuliani
Allowing choice keeps government out of people's lives. (May 2007)

Mitt Romney
Personally pro-life, but government should not intrude. (May 2007)

John McCain
Concerned if women undergo illegal dangerous operations. (May 2007)
Restrict abortions; no partial-birth; no public funding. (Jul 1998)


Declared Democratic candidates


John Edwards

Gov't should not decide for women on partial-birth abortion. (Apr 2007)

Barack Obama
Trust women to make own decisions on partial-birth abortion. (Apr 2007)

Hillary Clinton
Respect Roe v. Wade, but make adoptions easier too. (Nov 2006)
 

Haut Medoc

Supreme Mariner
Joined
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Messages
10,645
Re: "house Of Corruption?"


Very good, Tree.....
Talk about an azz-whoopin'!......;):)
 

RubberFrog

Rear Admiral
Joined
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Messages
4,268
Re: "house Of Corruption?"

Not quite so stupid as a con. that doesn?t vote in a Presidential election, then spends the next four years bitching .By the way which of the following candidates do you plan on voting for??? :confused:

It is almost as if you are implying I don't vote...

As to my future voting plans- I will be voting for whichever republican gets the nomination.

I assume you will vote for whichever traitor supports baby murdering, mandatory gay marriage, welfare cheese, surrender, and treason.
 

Haut Medoc

Supreme Mariner
Joined
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Messages
10,645
Re: "house Of Corruption?"

Abortion Pill Safe as Surgical Abortion

Study Shows Abortion Pill RU-486 No Riskier to Future Pregnancies Than Surgical Abortion
By Daniel J. DeNoon
WebMD Medical News
Reviewed by Louise Chang, MD



Aug. 15, 2007 -- The abortion pill RU-486 is no riskier to future pregnancies than surgical abortion, a U.S./Denmark study shows.
French researchers reported in 2003 that women who had RU-486-induced abortions -- what doctors call "medical abortions" -- were nearly three times as likely to suffer ectopic pregnancies.
In ectopic pregnancy, the fertilized egg attaches outside the uterus, usually to the fallopian tubes. These "tubal pregnancies" do not result in live births and can affect a woman's future fertility.
To see whether RU-486 really increases the risk of ectopic pregnancy -- or other risks to future pregnancies -- U.S. National Institutes of Health researcher Jun Zhang, MD, PhD, and colleagues looked at Denmark's extensive medical database.
They compared 2,710 women who had an RU-486 abortion to 9,104 women who had a surgical abortion.
The bottom line: Women who used RU-486 had no increased risk of ectopic pregnancy, miscarriage, preterm birth, or low-birth-weight babies when they eventually decided to have a baby.
"By now, probably more than 5 million women worldwide have had RU-486 abortions," Zhang tells WebMD. "More than half of women seeking early abortion use this method. So this is a very significant finding about the safety of this treatment."
Jean Bouyer, PhD, of the French Institute of Health and Medical Research, led the earlier study linking RU-486 to ectopic pregnancy. Bouyer says the Zhang study does not prove that RU-486 is safe -- just that it is as safe as other kinds of abortion.
"Their reasoning is indirect," Bouyer told WebMD via email. "No difference was found between medical and surgical abortion. Surgical abortion is 'known' to be safe, thus medical abortion is safe, too."
But Zhang and colleagues say it is simply not accurate to directly compare women who have had abortions with women who have never had an abortion. These women differ in many respects that affect future pregnancies, including socioeconomic status, smoking status, and other health-related conditions and behaviors.
Zhang notes that the Bouyer study included only 24 women who had only medical abortions.
"When you have such a small number, you always have a possibility the finding is by chance," Zhang says.
Bouyer defends the study, which was designed not to look at the question of RU-486 safety but to find out possible risk factors for ectopic pregnancy.
"The definite interpretation of the relationship between abortion and ectopic pregnancy -- if any -- remains somewhat unclear to me," Bouyer notes.
Zhang and colleagues report their findings in the Aug. 16 issue of The New England Journal of Medicine.
SOURCES: Virk, J. The New England Journal of Medicine, Aug. 16, 2007; vol 357: pp 648-653. Bouyer, J. American Journal of Epidemiology, 2003; vol 157: pp 185-194. Tharaux-Deneux, C. American Journal of Public Health, 1998; vol 88: pp 401-405. Jun Zhang PhD, MD, senior investigator, National Institute of Child Health and Human Development, National Institutes of Health, Bethesda, Md. Jean Bouyer, PhD, French Institute of Health and Medical Research, Le Kremlin-Bic?tre, France.


? 2007 WebMD, Inc.
;):):)
 

OldMercsRule

Captain
Joined
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Messages
3,340
Re: "house Of Corruption?"

OK Mr. Tree. Even though I said I was done, I'm gonna take one more shot, (for the benifit of those who read our rants), I can tell you are a believer n' there is zero chance of me gettin' through to you, as you will defend the indefendable n' try to tell us GRAVITY DOES NOT WORK, n' dig up turds to support yer preposterious spin.

I'm just me with only one name on iboats: a simple old white guy livin' in a very pretty Liberal State in the best Country history has ever known observin' a transition phase in said history n' dribblin' on me keyboard. I don't use multiple names on the internet or anywhere else. I tell the truth as I see it. This is not rocket science here. The corncepts are real simple.

George Soros is the master at finding transitions in money or politics n' puting cornsiderable pressure at just the right time to effect things in a big way. If you read his books or listen to interviews he really hates America, and is working to radically change this Great Country. He has spent millions assembling troops on the internet to come up with a lot of the carp n' turds you seem to luv to dig up. He now owns the modern Democrat party.

I happen to know history, and have been very aware of current events so I could advise clients who invest. The job is easier now with the internet, but there is much more junk out there spinnin' things because of Mr. Soros et al.

Libs and Democrats will do or say anything to win elections and power to a much greater degree then Republicans or Cornservatives. They will tell ya the world is cooling or warming just to raise taxes n' change the economy to corntrol dim wits that don't pay attention. They will say the economy is worse then the Great depression, (when it isn't even close and they know it); our soldiers are worse then Ghengis Kahn, (when the Ivy League educated person makin' the statement under oath n' knows otherwise); our soldiers are STUPID n' have no other options or are the same as Nazi storm troopers, or terrorists, (when the Dems makin' those anti American anti Military statements know otherwise); or the Iraq war is lost when they WISH it were, n' know it is not lost unless they can help our enemies to win as they did in the 1970s.

The move on dot org types make up the facts n' figures like the carp you just dug up to tell us gravity does not work, (where we know it does). Statictics and figures can say what the author wants them to say. I get it: Mr. Tree, I hope the rest of the iboats readers do too.

You defend the indefensable by telling us gravity does not work, I know it works. You change the language to pervert the argument, (ala Bill Clinton). Does not work with me, hope it does not work with others.

Plain facts:

#1 More taxes grow the government n' slow the private economy, (less taxes slow the growth of government and would eventually force shrinkage once borrowing exceeds abilities to repay). Congress spends the money: not the President. Ronald Reagan knew that, (as does George Bush). Most dim wits believe in the tooth fairy, n' are vulnerable to the move on dot org carp.

Mr. Reagan borrowed money to make us strong and it scared the USSR sooo much they puked. Real simple. Spin that fact all ya want the truth is the TRUTH.

George Bush inherited a dot bomb recession and he and the rest of us got hit real hard on 9/11, and New Orleans was wiped off the map, (coulda happened any old time). The 9/11 and the recession cost us money to deal with, I wish we would not have done much about New Orleans.

Republican Presidents, (edit: courtesy Bro Haut, MOST REPUBLICAN PRESIDENTS, [GHW Bush did fib to Cornservative voters n' he caved in to the dirty Dems in congress], hope future Republicans take note what happened to GHWB #41, thanks fer the spank Bro, my mistake in the choice of language here), can and do try to cut taxes, NO DEMOCRAT has done that since JFK. Modern Democrats allways raise taxes, and the TELL YA THEY WILL. JFK would not be a Democrat if he were alive today.

Modern Democrats raise taxes at all levels of government. PERIOD! I don't need internet carp n' turds to support this statment IT IS SELF EVIDENT, unless yer livin' under a rock n' drinkin' Kool aid, (can't help ya if ya are).

Higher taxes hurt the economy. EVERY TIME. Only a disingenuios Democrat or Lib, or someone livin' under a rock drinkin' Kool aid would deny that SELF EVIDENT FACT, no turds or carp from the internet necessary to cornfuse the issue. BTW: disingenious Libs n' Dems do deny this plain fact. (Gravity does work.)

#2 The Cornstatution's PRIMARY PURPOSE IS TO LIMIT GOVERNMENT AND ASSURE RIGHTS OF THE CITIZENS, (read it if ya don't believe me), and Democrats will not limit government or protect our rights. They grow it any way they can. They raise taxes in every legislature, and pack all courts with activist judges that ignore the plain language in the Cornstatution. This again is SELF EVIDENT. I don't need to pervert the plain meaning of the English language or use internet turds, carp or worthless statistics (that show anything the author wants to show), to prove this statement, IT IS SELF EVEDENT.

People will believe what they want to believe. I BELIEVE IN: JESUS CHRIST, but that is the extent of my "beliefs", I observe n' ponder all other things, and have learned that MOST OF THE TIME: DEMOCTATS N' LIBS STATE THE EXACT OPPOSITE OF THE TRUTH TO GAIN POWER AND CORNTROL OVER ALL OF US.

SELF EVEDENT CORNCLUSIONS:

#1 Democrats raise taxes, (that ALWAYS hurts the economy), and grow all areas of government to corntrol all areas of our lives: ALWAYS. Vote fer Democrats if that is what ya what.

#2 Democrats view the Cornstatution as an impediment to the above mentioned primary objective, so they pack any Courts they can with judges that will tear down the protections of the Cornstatution. Plain and simple.

#3. Gravity in fact does work.

Now I'm done. Dig up turds n' carp from move on dot org all ya want ta prove gravity doesn't work fer all the Kool aid drinkin' dim wits ta get high on. The rest of us cornsider the above cornclusions: SELF EVIDENT. Carry on.

JR
 
Last edited:

Haut Medoc

Supreme Mariner
Joined
Jun 29, 2004
Messages
10,645
Re: "house Of Corruption?"


What about, "Read my lips, no new taxes"?.....:confused:
What about the stock market crash going on right now??????:(
 

12Footer

Fleet Admiral
Joined
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Messages
8,217
Re: "house Of Corruption?"

Diggin up bones are we?

I remember reading something about a "stock market crash" in my pre-purge history book. And something else the socialists thunk-up called a "new deal". I think the deal was the grand daddy of hilary's "village".
Ahh yes -- The birth of "Income tax". Lovely!!
Then there was an entire bay full of pigs, brought to you by "Camelot-Jack", the archatect of Vietnam! Forget? Hell! And I'm sure you wish we would forget about Jimmu Cotta and the hostages... Now playing inm my memeory is some old tune about fuel embargos... Or as we used to call it, "gas shortage".
My country has survived all of that horse manure, and we have just undergone 8 years of RECORD GROWTH.
This comming "crash" has been a long time comming, but I'm still getting to and from werk ok. As for the future, it is sort of bleak, given the opposition we continually face from socialism.
I think we have fared pretty well so far, considering the present communist senate.
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: "house Of Corruption?"

What about, "Read my lips, no new taxes"?.....:confused:
What about the stock market crash going on right now??????:([/LEFT]​


Hmmmmmm, Bro. I guess a little bad news ta cheer up the Democrats eh? Depressed Dim Wit Dems need bad news REAL BAD to take our power away from us when we are down. JR ps: Too Bad there isn't a big election real soon! Ya could get some outright Commies elected (instead of Socialists pretending to be Democrats), because they think those mean nasty Republicans are drivin' down the market so the poor people are forced ta eat Chinese dog food, n' kill their own babies n' all. The dim wits already think we are in the Great Depression 'cause John F Kerry told 'em don't ya know: Bro?
 

Haut Medoc

Supreme Mariner
Joined
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Messages
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Re: "house Of Corruption?"

It ain't good & it sure don't make Duhbya look good.....
Not that it matters, since he is a lame duck....
It just amazes me that the same scenario replays itself, time & again....
The rich will get richer, the poor will get poorer & the middleman will get screwed.......:mad:
Wonder who will finance the next round of bailouts?......:rolleyes:
Where is that whistling emoticon, TG?......:)
 

RubberFrog

Rear Admiral
Joined
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Messages
4,268
Re: "house Of Corruption?"

Some folks can't tell a correction from a crash...
The sky is falling! Even though we continue to have job growth, high consumer spending, low interest rates....
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: "house Of Corruption?"

It ain't good & it sure don't make Duhbya look good.....
Not that it matters, since he is a lame duck....
It just amazes me that the same scenario replays itself, time & again....
The rich will get richer, the poor will get poorer n' those mean Repubilcans will make 'em eat Chinese dog food & the middleman will get screwed.......:mad:
Wonder who will finance the next round of bailouts?......:rolleyes:
Where is that whistling emoticon, TG?......:)

Remember: Its the glory days again. There's some actual bad news. YAY: THE SKY IS FALLIN' THE WORLD IS WARMIN', N' THE BAD NEWS IS FLOWIN' AGAIN: YAY I say! (I'm cheerin' bad news like dim wit Dems always do: MORE POWER TO BE HAD FER ALL DEMS). The dim wits don't have ta make it up n' tell ya that gravity does not work anymore: Yay! :eek::eek: JR ps. Wonder if George Soros could short enough stuff ta cause some real bad news, (which is GOOD NEWS fer the dim wits) n' get Democrats to repeat 1932. The USSR is the model of choice fer the dim wits.
 

Haut Medoc

Supreme Mariner
Joined
Jun 29, 2004
Messages
10,645
Re: "house Of Corruption?"



Still, investors need to take a deep breath. While some are bracing for an even bigger fall , as retailers like Wal-Mart and Home Depot offer dim earnings forecasts, few are forecasting a bear market, usually defined as a 20 percent drop in value.
27market_33504.jpg

What's Coming Down? Watching a roller-coaster market at the New York Stock Exchange.
(Richard Drew?AP)


Related News

There have been six significant market drops since 2003?and none of them proved fatal to the current bull market, notes James Paulsen, chief investment strategist for Wells Capital Management. And despite the concerns over exposure to subprime-related debt, "the U.S. corporate sector remains in very good shape," says Markus Schomer, global economic strategist for AIG Investments. Corporate balance sheets are sound, profit margins are near 40-year highs, and cash flows remain strong, he says.
Here are several things investors should watch for:
Look for the globalization of the subprime sell-off. The one thing that the U.S. is still good at exporting is its financial products. And the U.S. credit market mess now seems to be spilling over into the global financial markets. Recently, three hedge funds run by BNP Paribas, based in France, announced that they could not allow investors to cash out because of difficulties in valuing securities backed by subprime mortgages. And European central banks have done more than the U.S. Federal Reserve to inject cash into the market to shore up financial institutions, which suggests that the subprime mess could be as big a problem abroad as in the United States.
Expect volatility to continue to rise as investors reassess their appetite for risk. Since the bear market ended in October 2002, investors have been spoiled by an unusually long period of calm in the markets. But it now appears that volatility will persist. The CBOE Volatility Index shot up to more than 28 last week, nearly twice as high as at the start of July.
Be wary of financial stocks. Financial institutions are announcing their exposure to subprime-related debt almost daily, and firms that work directly in the mortgage market are getting hit the hardest. Last week, shares of Thornburg Mortgage Asset were nearly cut in half after analysts downgraded its stock. Financial stocks in the S&P 500 have fallen 12.2 percent since July 19 and are down 12.1 percent since the start of the year.
Expect a traditional flight to quality. In times of financial turmoil, such as the bursting of the tech bubble in 2000 or the Asian currency crisis in 1997, investors often sell the riskiest assets in their portfolios and head for the safest. The safe haven of choice for global investors is still U.S. treasury bonds, backed by the full faith and credit of Uncle Sam. Not surprisingly, the flood of investments into U.S. treasuries has pushed the yield on 10-year notes down from 5.25 percent in mid-June to 4.70 percent last week.
For stock investors, this means two things: growing demand for shares of high-quality companies that lead their industries and of dividend-paying firms. Since the market slide began on July 19, stocks with "A" grade from S&P (based on earnings quality and other fundamentals) have fallen 8.9 percent on average, while "B" stocks have lost 10 percent and "C" stocks even more at 12.9 percent. And dividend-paying stocks have slid less than those that don't make payouts, even though many battered financial issues are dividend payers.
So while dominoes are falling, prudent domino players may be pruning their portfolios.
dblclick('leaderboardB');
 

RubberFrog

Rear Admiral
Joined
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Messages
4,268
Re: "house Of Corruption?"

Are you selling off your stock or just realigning your risk?
 

Haut Medoc

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Joined
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Messages
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Re: "house Of Corruption?"

I'm sitting tight.....
Boeing, Amazon, Microsoft & Exxon are still doing OK......
It's the speculative hedgefund guys who are gonna take a beating & rightly so.......;)
 
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