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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (269934)	1/25/2006 2:34:45 AM
From: Elroy	Read Replies (1) of 1571811

Open your eyes, if you are going further in debt you are NOT getting richer. That's absolutely not true. Take CSCO for example. The company could issue debt in 2006, and issue more and more debt every year. That issuance of debt has NOTHING to do with whether or not CSCO the company were becoming more and more valuable every year. Stockholder's equity is a better measure of whether CSCO were "getting richer" as you put it. No nuance, conservative common sense. Not common sense - you don't understand the meaning of debt issuance. The ability to issue more and more and more debt every year implies amazing confidence (from the buyers of the debt) in your ability to service that debt, not a decline in value. Americans are working their asses off, and getting deeper in debt. Not me, on both counts! You neither based on your frequency of posts on SI. If you were working so hard how do you find the time to post here 24/7? It has nothing to do with Dem/Rep or Conservative/Liberal, it has to do with common sense. Dollars out/dollars in, assets vs. debt. So US debt goes up every year. Tell us about the assets side of the equation.....

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