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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: elmatador who wrote (22268)	9/11/2007 3:55:17 AM
From: energyplay	Read Replies (2) of 217617

Defense (ex-Iraq) is about 1/3 of Federal spending at 600 Billion. Deficit is about 200 Billion. So cut Defense about 120 Billion, about 20%, to 480 Billion and then let it slowly expand back to about 550 Billion. About a 2% growth in tax collections will add about 48 Billion per year. Cut the rest of the discretionary items (about 500 billion) by 3%... So that's 183 Billion vs. 200 Billion in year one. Year two, economic growth means 48 billion more. So that means we can about 15 Billion to defense (up 3%) and still have a 16 Billion surplus ... and keep Vladimir Putin from getting a good night's sleep. ;-) ************ Better idea would be to start a US Sovereign Fund to buy up key industries and small countries ;-)

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