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To: RetiredNow who wrote (17378)	1/29/2001 10:28:32 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 24042

mindmeld:your post takes the No.1 position on my list of things to be read,reread repeatedly and memorized, for 2001, 2000 and I believe even 1999! I believe if " Otto " ( Von Bismarck ) where around today he'd tell you the same thing. Germany has always tended to be conservative in their spending because of the flaming inflation they has during WWar II. good work, :) TA

To: RetiredNow who wrote (17378)	1/29/2001 10:40:15 AM
From: Tunica Albuginea	Respond to of 24042

mindmeld, if you don't mind, I will bookmark your post and quote it to the multiple " social engineers " and assorted " do - gooders " that appear from time to time in JDSU Si thread " who want to make this a better world ", W_i_t_h__o_t_h_e_r__p_e_p_l_e_'s__m_o_n_e_y___. Their model of course being die hard Democrat Ted Kennedy who has developed the method of using " other people's moneys " into an elaborate art form, complete with lies and misleading info directed into completely confusing the flock to the same extent as Teddy is......( confused and disrorinted...) in his alcoholic stupor........ So much for Camelot@Hyannis Port... today............... camelot.celtic-twilight.com :) TA

To: RetiredNow who wrote (17378)	1/29/2001 10:54:23 AM
From: Tunica Albuginea	Respond to of 24042

mindmeld, let me warn you ahead of time, Re your statement: " The problem is that most people on these threads have zero training in macroeconomics". This could be interpreted as being elitist arrogant self-seving ( to the rich? <g>) intemperate etc. The current folk economical philosophy continues to be.. "nobody shall separate our thinking from our feelings" TA ======================================================= you said ( for the late comers ) Message #17378 from mindmeld at Jan 29, 2001 10:08 AM LOL. Funny post, but I agree completely. It's basic pragmatism. Why is it that most people prefer we don't give tax cuts, but rather we let the government spend the money? The fact most people need to realize is that the government would be irresponsible to pay the debt down too fast, because they would have to pay staggering premiums to get people to want to retire their debt investments. So since it will take time to pay down the debt responsibly, we have another problem, namely, the accumulation of massive surpluses. Well, I guarantee you that those grabbing hands in Washington, will be like kids in a candy store. They will spend that money like there's no tomorrow. So how do we stop them from doing that and lead them to a more responsible course of action. Why, tax cuts of course! Tax cuts have a multiplier effect. More money in the average family's pocket means more consumer spending which leads to higher corporate profits, which leads to higher consumer & corporate confidence which leads to more spending, which gets us our virtuous cycle. The problem is that most people on these threads have zero training in macroeconomics, so they listen to bonehead reporters and believe everything they say.