Subject:
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Re: Newsbits: CA Recall and IMF-Argentina Negotiations
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Thu, 14 Aug 2003 19:27:20 GMT
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Viewed:
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250 times
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In lugnet.off-topic.debate, Carl Nelson wrote:
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Don’t get me started on the DNC and Terry “Global Crossing is different than
Enron” McAuliffe, either...
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Perhaps I’m missing something here. Did Global Crossing deliberately overstate
its outlook and earnings by billions of dollars, while defrauding its
shareholders and employees, and did it also swindle California (greatly
contributing to the current deficit and therefore to Davis’ recall problem), and
did the CEO of Global Crossing also maintain an intimate friendship with the
President, going so far as to
advise him on energy policy during closed-door meetings? And is McAullife the
President? If your intent is to equate a Enron’s years-long concerted fraud with
Global Crossings’ bankruptcy, I’m afraid you’ll need to support your claim.
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Bush has made the correct steps to try to stimulate
the economy, and there’s plenty in the world still trying to keep it down.
But it’s rebounding thanks in part to his tax cuts.
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That’s pure post hoc reasoning. The economy has barely shown signs of
recovering, if at all, and to attribute that minimal recovery to any single
factor is nothing but wishful thinking. Additionally, most of the economic
growth of Q2 2003 was due largely to
defense spending rather
than true growth in the private sector. It is deceptive of Dubya or his
apologists to claim that this equates to true growth, and he certainly can’t
credit his reward-the-rich-for-being-rich tax cut!
Dave!
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