Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : Let's end the national debt. -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (7)	7/25/1999 7:41:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 109

Zeev Is this a good enough reason to put our children and grand children in slavery? Gersh

To: Zeev Hed who wrote (7)	7/25/1999 8:01:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 109

Zeev, >>Well, all the treasuries are gone, what do we use when we want to move money to "safe heaven", or for that matter if someone feel that euphoria has gone so far that the only safe investment are US obligations? There will not be any just when they might be needed most... Maybe people would start buying assets at a fair price with low risk. If you believed all your assets were good investments, i.e. you had bought them at a fair price with a low risk of a loss or you can insure the risk; or in the case of speculation you could afford to loose all, you would have no reason to look for a "safe heaven". IMO, what we have today is an environment where people know they are buying over priced assets, they know the risk of some of the assets they are buying is huge, they are flat out gambling. I have no problem with gambling as long as you know you are gambling and can affort to walk out of the casino loosing all. Joan

To: Zeev Hed who wrote (7)	7/25/1999 8:15:00 PM
From: Casaubon	Respond to of 109

OT I do not see it as a responsibility of any gov't to provide ROI. If investors are truly concerned about "safety", then simply holding a stable currency would be the solution. Thus it behooves the gov't to provide a sound economic/social/political system. There really is no such thing as a risk free investment, therefore there is no reason to expect the US gov't to provide any investment vehicles. If such was the expectation, why not have a series of gov't issuances carrying varying degrees of risk. Well, this is not far from the current system, if one were to factor in the variety of municipal bonds, etc. Thus, it seems to me, relieving the country of national debt, in no way undermines the security of any investment. And, in fact, strengthens various other investment opportunities, afforded by the sound fiscal policy of debt burden reduction. Now, we should really bring this to the new thread, before LG makes us stand in the e-corner. <g> 127.0.0.1:3456/SI/~wsapi/investor/Subject-29659