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Bulls & Bears
This past week's Bulls & Bears: Gary B. Smith, Exemplar Capital managing partner; Pat Dorsey, Morningstar.com director of stock research; Scott Bleier, HybridInvestors.com president; Tobin Smith, ChangeWave Research editor; Eric Bolling, Independent Trader; Sascha Burns, Democratic strategist.
Trading Pit: President Bush's $145 Billion Economy Boost: Will It Boost GOP Candidates?
South Carolina and Nevada: big stakes, big battles in the race for the White House. But someone here says the final race won't be that close at all, because the president's plan to jumpstart the economy will decide who moves into the oval office! But will it boost the Democrat's or Republican's chances?
Eric Bolling: It's the right time for President Bush's $145 billion stimulus package and the GOP benefits! It injects stimulation right into the consumer who will go out and spend. It will stimulate growth and create jobs, which is great for the economy and great for the GOP!
Tobin Smith: These stimulus packages do not work!
Gary B. Smith: This plan right now is drawing to the point that economy is not in good shape right now, which isn't good for either party!
Sascha Burns: The Democrats are the ones that came up with the idea of an economic stimulus package in the first place. President Bush is going to need the Democratic Congress to get this plan through, because President Bush is a lame duck right now. "It took a Clinton to clean up after a Bush last time, and we may see that happen again."
Scott Bleier: It's not the government's job to give people money! The government needs to take our money to make us safe, strong and prosperous!
Pat Dorsey: It doesn't help either party! Both sides have an incentive to get something done right now with respects to the economy.
McCain's "Wage Insurance" Plan: Good or Bad For Free Market?
Lose your job and still get paid—and we're not talking typical unemployment! John McCain's plan has Uncle Sam paying the difference for those getting retrained for a new job. His wage insurance plan may sound appealing to folks suffering from high unemployment in South Carolina today, but is this a bad idea for the nation's job market?
Gary B. Smith: It's horrible for the job market! Sometimes industries die and sometime they grow. Unfortunately workers get caught in the middle. You can't have a 100 percent national employment policy, which is essentially what this plan would be. It will really damage our economy!
Sascha Burns: Wage insurance is a great idea! It's about the everyday hard working Americans. It provides a safety net for workers to retrain for new jobs and gives them the opportunity to get back into the workforce.
Eric Bolling: This is a horrendous idea! Instead we should be promoting productivity and incentivizing workers to do better, not giving them a handout.
Are you heading for the mattress with your money? Forget that — yes, the market's scary, but that doesn't mean you have to stash your cash. Our guys are here to put your mind at ease — their "worry-free" stocks in the Stock X-Change.
If you want to watch what each had to say about each stock, click here.