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To: Jim Willie CB who wrote (1754)9/16/2000 2:21:32 PM
From: Mannie  Read Replies (4) | Respond to of 65232
 
JW

On productivity and efficiency.
I had something happen yesterday for the first time that really stunned me.

I wrote a check yesterday for a new pair running shoes and handed it to the clerk. The clerk then took the check and ran it through a scanner, which then printed out a receipt similar to a credit card receipt. The clerk asked me to sign this receipt, which I did...he then handed me back my check. Transaction completed. He no longer must deposit checks, the bank no longer needs to handle that check.

That is an amazing leap in productivity and efficiency. I shared this with my girlfriend, who collects tuition at a local University, and she just lit up at the time savings she could achieve.

How long before checks won't exist...I walked away feeling like a silly for even writing one, I have a bank debit card in my pocket..

Scott



To: Jim Willie CB who wrote (1754)9/16/2000 4:08:16 PM
From: Sully-  Respond to of 65232
 
Republicans Push Plan to Spend 90% of Surplus on Debt
9/16/00 11:39:00 AM
Source: Bloomberg News
URL: cnetinvestor.com

Washington, Sept. 16 (Bloomberg) -- Republicans in Congress, unable to give the tax relief they want to U.S. tax payers, will push to set aside 90 percent of the U.S. government's budget surplus next year to pay down the public debt, Representative Steve Kuykendall said in the GOP's weekly radio address.

Kuykendall, who is from California, attacked President Bill Clinton's veto of the repeal of a tax provision that forces married couples to pay more taxes than if they were two single people. Earlier this week, House Republicans were unable gain enough votes to override Clinton's veto.

''The president may have vetoed marriage penalty relief, but rest assured that money isn't going to be spent on big government,'' Kuykendall said. ''The money we have set aside for marriage penalty relief will now be devoted to paying off the public debt.

''We send more taxes to Washington than we need to run the government,'' Kuykendall said. ''We are not going to grow government to soak up all those extra taxes. It's not Washington's money -- it's your money -- and we are going to put it where you want it to go, to pay off the public debt.''

Democrats also support the debt-payout plan, though they have sought assurances from House Republicans that it would continue beyond 2001.

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To: Jim Willie CB who wrote (1754)9/16/2000 10:53:18 PM
From: abuelita  Read Replies (1) | Respond to of 65232
 
Have to give it to the Aussies.
They sure have a lot of class.
That was one of the most touching
Olympic Games Opening Ceremonies
I've ever seen.
Kudos to them for honouring past greats.
Given they have a population of 19 MM
- not bad. In fact, Canada with its
pop. of 30 MM I think we'll come in a
distant second to Australia.
I really hope Toronto doesn't win the
bid for the Summer Games. We'd never
live up to Australia's efforts.

Did you see the triathalons?

Cheers,
rose

P.S. glad I didn't get rid of this old computer!