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	Name:	architect -
	Subject:	WW...Market expert
	Date:	6/30/2012 12:00:21 PM

MM poped off immediately after the Obamacare ruling about the negative stock market "reaction". The market recovered and I pointed out his premature comments. Then WW gives me his "wisdom" lambasting my stupidity for not realizing that the market recovery was because of the positive news from Europe. Well WW, you are 100% correct (not about my stupidity...about the market recovery)...Wall St. turned around Thursday and surged Friday when it became clear that the emphasis in the European community was shifting away from the austerity program of Germany's Merkel toward the stimulus advocated by France's Hollande. So WW and MM made big bucks on Friday because Europe is moving toward what "Oblamer" wants to do here! They would be rolling in it if the GOP was more attuned to what would really give the economy a bounce!!

BTW: How many of the right wing nuts on this forum who praise "austerity" realize that in Europe every country, including the UK, that has moved to austerity has included across the board tax increases as part of their austerity program?

PS: Have any of you heard the new rumor going around that Obama is getting ready to embrace the Simpson / Bowles proposals? The reforms much "touted" by the GOP as being so "good and reasonable" while damning Obama for not supporting "his own" commission. If he does endorse, I'm sure all of you and your GOP fellow travelers will praise his wisdom and fully support all of Simpson / Bowles including the 3 : 1 spending cut : tax increase formula included in the proposal.