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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (211836)11/16/2004 7:54:26 PM
From: Road Walker  Read Replies (3) of 1585070
 
re: but it doesn't factor in the reduction in future liabilities

Or the reduction in future revenue. Or are they going to tax more and give less?

re: If I had the money and paid off my mortgage, it would cost me over $140k upfront but my net worth would not go down at all let alone over $140k.

Do you not get this? They will have to pay the benefits without the offsetting revenue. For a generation. The transition costs are huge, and we are already at a record deficit with the dollar diving. Don't you get it man, Bush and his Repulican congress is spending/tax cutting us into a huge hole. Wake up man, WE JUST CAN'T FREAKING AFFORD IT!!!

It's as if you want to contribute to your IRA with your credit card every year.

John
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