Daily Market Watch

[trippingthespeculatingpos]

im sure you have heard the neighbor's house on fire theory? as soon as we get this mortage mess behind us the sooner we can ALL have the value of our homes going up again. It's not a pretty situation but it's what has to be done, lets just hope they are being very strict with who they give the money to, and just dont give to any tom, dick, and harry who decided not to pay for there mortage. Just remember the republicans like to paint the picture that people who get help are ALways taking advantage. This may be the case some times, but I can guarantee you there are families out there who will be kept from sleeping at the local homeless shelter if not the local bus stop by this bill. Its not pretty, but financial meltdowns at this level never are. Anyway I will be busy putting my neighbors fire out, not fun but i dont want it to spread to mine.

[Sworntwofun]

I hear ya! I like the way you put that!!

[ray]

Ray,

It looks like CTIC is over with...what do you think?

You might be right I wanted to sell at .14 but every time I do that I kick my self .I think I will give it a little tyme and you folks can mix it with some sage and see what happens and yes it is hard to build a set of kitchen cabinets and do this at the same time but I did buy a lap top this year, but it is hard to keep clean.
and yes I have a little gtxo just to feel a little more pain

[billhart22]

You might be right I wanted to sell at .14 but every time I do that I kick my self .I think I will give it a little tyme and you folks can mix it with some sage and see what happens and yes it is hard to build a set of kitchen cabinets and do this at the same time but I did buy a lap top this year, but it is hard to keep clean.
and yes I have a little gtxo just to feel a little more pain

All right, no pain, no gain.

GTXO will come around..did you read my analysis of it earlier in the day?

Building kitchen cabinets....all right...I tiled a shower this morning. It went so smooth it almost scared me. I didn't even get thinset on me. That is a rare one.

Were you building the cabinets at home or on a customer worksite? If so, were you hooked up with WIFI or what? Just curious.

Thanks buddy

[ray]

All right, no pain, no gain.

GTXO will come around..did you read my analysis of it earlier in the day?

Building kitchen cabinets....all right...I tiled a shower this morning. It went so smooth it almost scared me. I didn't even get thinset on me. That is a rare one.

Were you building the cabinets at home or on a customer worksite? If so, were you hooked up with WIFI or what? Just curious.

Thanks buddy

No, I try to stay pretty focused. I have had to tape three of my finger tips back on in my early years. I do have a shop that has an awesome view. I put enough windows in it that I can feel the outdoors when I am working so I am not dragging my nuckles on the ground framing these days.

[billhart22]

Here: Major Provisions of the stimulus package and lots of comments by people.

http://www.marketwatch.com/news/stor...5A04}#comments

[trippingthespeculatingpos]

i like it, even some money that might affect my business personally. good stuf happy i voted for barrack hussein obama.

[billhart22]

No, I try to stay pretty focused. I have had to tape three of my finger tips back on in my early years. I do have a shop that has an awesome view. I put enough windows in it that I can feel the outdoors when I am working so I am not dragging my nuckles on the ground framing these days.

Smart man...I keep my eyes glued to what I am doing. Usually it is the grinder that gets me then I run around with a gash in my finger for a couple of weeks. When using saws I don't even want anybody around me and I stand to the side. I am really careful.

I have a buddy that has a bad habit of stepping backwards off a ladder 2 or 3 feet up. He has just about used up my first aid kit. He is bald headed and always gets dings in the top of his head. He has 3 or 4 band aids on there at a time. He's a tall guy and starts talking and flailing his hands and gets them caught in ceiling fans. He is a trip and a lot of fun. We have worked together on and off for about 12 years.

[trippingthespeculatingpos]

Smart man...I keep my eyes glued to what I am doing. Usually it is the grinder that gets me then I run around with a gash in my finger for a couple of weeks. When using saws I don't even want anybody around me and I stand to the side. I am really careful.

I have a buddy that has a bad habit of stepping backwards off a ladder 2 or 3 feet up. He has just about used up my first aid kit. He is bald headed and always gets dings in the top of his head. He has 3 or 4 band aids on there at a time. He's a tall guy and starts talking and flailing his hands and gets them caught in ceiling fans. He is a trip and a lot of fun. We have worked together on and off for about 12 years.

haha that dude sounds like a blast

[billhart22]

I subscribe to this newsletter: He has some valid points to prevent Fed's from having too much say in banks and companies that they and we invest in:


GOP, PUSH FREE ENTERPRISE

By DICK MORRIS

Published on TheHill.com on January 27, 2009

Printer-Friendly Version

How should House and Senate Republicans react to the Trojan horse stimulus package proposed by the Obama administration?

In the name of economic stimulus, it not only has every item any liberal ever asked of Santa Claus on Christmas eve, it also contains the seeds of a permanent shift toward a European-style socialist democracy. Its dramatic exemption of more than half of Americans from paying federal income taxes (it is now about one-third who don't pay them) and its generosity in awarding this voting majority a welfare check -- called a refundable tax credit -- moves the politics of taxation sharply to the left. The federal government's acquisition of preferred stock in virtually all our major banks sets the stage for full nationalization. After all, if the feds are using their "preferred" status to hog all the dividends, why should any private person buy bank stock?
Who Is Most To Blame For America’s Current Economic Crisis? By demanding that Citibank cancel its plans to buy a private jet, the Obama administration is tapping into a justified populist anger against the greed, privilege, stupidity and sense of entitlement of the Wall Street biggies. But he is also setting the precedent for government control over the actions of private banks. If Obama extends his power to the selection of management and policies regarding the lending of money, nationalization will become a de facto reality. And once the government controls the banks, it controls the economy. At best, we will have a Japanese system where winks and nods from bureaucrats turn industrial policy upside-down; at worst, we will have outright federal control, with government-appointed latter-day Blagojeviches determining who gets loans and who doesn't.

With only 41 votes in the Senate and a distant minority in the House, what should Republicans do in the face of this onslaught against the basic free-market, private-enterprise system?

The answer is for the Republicans to caucus and come up with a Free Enterprise Amendment to add to the stimulus package. The amendment should spell out what the government may not do in influencing the policy of private banks. It should, for example, make it illegal for the feds to urge certain lending policies on banks or to suggest specific loans that might be granted. It should enjoin the feds from intervening in decisions on who should manage various aspects of bank operations. The idea would be to cordon off large parts of the private sector, even in subsidized institutions, to bar public federal government influence.

A well-drawn amendment would be akin to the protections in the Bill of Rights against government intervention in certain activities such as religion, press, speech, petitioning and assembly. It would lay down markers indicating what the feds may not do.

This amendment could draw strong support from Democrats and might even be negotiable with the Obama administration. Democrats are not anxious to be labeled as the party of socialism, and Republicans, who know the stimulus package will pass anyway, are looking for a way to, at minimum, influence it. Sitting on the sidelines and voting no is not the way to win friends and influence people.

If moderate Democrats and the administration prove truculent or overly limited in what they will accept, the Free Enterprise Amendment gives the Republican Party a place to stand in a filibuster. To filibuster merely to reduce the size of the stimulus or to influence the mix of the tax cuts or the specifics of the spending would not appeal to an America in shellshock over the depression. But a strong stand -- refusing to allow the stimulus package to come up for a vote -- in order to make sure that our economy remains private and that socialism does not come inside the Trojan horse makes a great deal of sense and will be seen by the American people as a wise use of power by the Republicans. Rather than asking the Republicans why they won't pass the stimulus package, they will ask Obama why he does not accede to so acceptable an amendment.

And the amendment, once passed, will be worth its weight in stopping bureaucrats from crossing lines that should not be crossed. One can easily see the day when prosecutions for violations of this amendment become commonplace.

Who Is Most To Blame For America’s Current Economic Crisis?

Go to DickMorris.com to read all of Dick's columns!

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