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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (64556)	12/18/2000 12:36:37 PM
From: KymarFye	Read Replies (1) \| Respond to of 99985

OT: We're not talking about fresh-off-the-boat or just-over-the-hill types saving ETYS... but of legal and amnestied immigrants becoming worker-consumers in good standing... and not just as busboys or donut shop clerks... anyway, just floating the possibility as an example, a little bit of light amidst the overcast... As Lenin said, more or less, as a warning to some of his more cocksure followers, capitalism has a way of extricating itself from impossible situations.

To: James F. Hopkins who wrote (64556)	12/19/2000 12:02:19 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 99985

Hopkins: " They want to be paid in cash ". Of course, these are smart people. They can see the Government con job miles away, from across the border. They are not suckers like the American Democratic party ( and Republicans ) to some degree, who keep sending cash to Washington for Medicare not knowing it will be spent as soon as the check is deposited. Might as well light a match to your money and burn it for whatever good it will do to you. No. That is why we need tax cuts. Let me keep my cash. Possibly, I may have some of it left for old age . The answer to our problems is to -cut entitlements. -cut taxes -if seniors want a Cadillac for health care let 'em go out at 63+ and work for it. Not send their unborn billions in debt. -there's your extra workforce. -And get get Uncle Sam out of the way. My dollar now is on GWBush. I hope he does not disappoint me. i have a feeling he won't. I think GWB is a fighter. this is going to be one very long fight: 4 years of it. Every day. With the Dems and the Liberals and the Media. Got to stay in the rink and fight, and fight, cheers TA ================================================= Message #64556 from James F. Hopkins at Dec 18, 2000 12:26 PM Kymar ; RE >> , you do leave out the one saving grace which, at least in the past, has previously rescued this country from the kind of structural sclerosis that typical afflicts developed nations: Ability to absorb new immigrants. << Some one else just pointed out my omission too. It was a thing I didn't consider before writing the post, but being I live in TEXAS and have seen and worked with a lot of new immigrants ( and loads of wet backs ) and while they can offset the lack of demand on the buy side of products I don't think they will be putting much money directly in the stock market, in most of ethnic classes spare money gets sent back to relatives or helps buy them a way over. In most cases It takes many years after an immigrant lands here before they are integrated enough to make direct injections into stocks a lot of them never will, while true enough great numbers will >>risk their lives for the privilege to fork over FICA taxes.<<< after they arrive there is still a lingering distrust of a lot we take for granted, ie many of them won't trust and don't open bank accounts for years. They support most of the drive in "fast check cashing for fee thingies" you will see down this way. So while it may mitigate the Demographic imbalance created with the boomers it's far from doing a cancel out on any one to one basis. Jim PS I can still pick up a labor crew at many spots in Houston, & it's all cash and carry. No Taxes no unemployment no insurrance , they just want to be paid by the day, and in cash.