Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy who wrote (316234)	12/18/2006 1:00:31 PM
From: RetiredNow	Read Replies (3) of 1573848

Deficit spending means you are adding to your debt. That crowds out private sector spending. That's not good. As far as my house, as I explained in a previous email, yes I have a mortgage. But that is debt backed by an appreciating asset. I actually did the finance calculation to determine whether paying it off or keeping the money in the market was a better deal, including tax effects. I determined that since I have a 5.25% mortgage, it is a better deal for me to keep the debt when you consider the greater returns I get in the market and the income tax shield. Our gov't doesn't have an appreciating asset behind it's debt. That debt is owned by foreign governments and our government is mortgaging our future.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next