[DeTomaso] Very little Pantera content

[Ken Green]

I assume your facts are accurate, but the line of reasoning would suggest cutting off one's head to stop a nose bleed.  I blame it all on TV and advertising.  The average American has foolishly spent his future for trivial pursuits in the present.
 
As far as I know, the average person hasn't done too well under marxist governments either, which murdered more of their own citizens in the last century that were killed by enemies in all the wars.  
 
Ken

--- On Fri, 11/20/09, JJD1010 at aol.com <JJD1010 at aol.com> wrote:


From: JJD1010 at aol.com <JJD1010 at aol.com>
Subject: Re: [DeTomaso] Very little Pantera content
To: RFogle1 at aol.com, detomaso at realbig.com
Date: Friday, November 20, 2009, 4:26 PM





In a message dated 11/20/2009 4:53:43 P.M. Central Standard Time,  
RFogle1 at aol.com writes:

Many of the  changes to the economy and government over the  past 30 years 
or so are hostile  to wealth creation and therefore Pantera  ownership.

.

Ron, 

In the mid 80's my marginal federal tax rate was 50%, in  the early 80's 
the highest rate was 70%. It's 35% now. Cap gains  rates are at all time lows, 
too. Interest rates are  also lower.

Recent reports I've seen are that the rich are getting  much richer but it 
has not trickled down to the lower 95% of the population.  According to L. 
Zingales, a professor at the conservative Univ of Chicago  Booth School of 
Business, in the last 25 years, GDP grew by 100% but median  personal income 
only grew 17%. The richest 1% saw their income triple.  Check it out.

In just the first 4 years of the Bush administration,  the size of 
government grew 33%. And just a reminder, the federal bailout  being implemented by 
the Obama administration was actually put in place  by Bush's Sec'y of the 
Treasury, Henry Paulson, a Goldman Sachs alum.  

BTW, do you have health insurance?

Jeff
6559


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