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To: Joan Osland Graffius who wrote (75250)3/4/2001 4:55:26 PM
From: Haim R. Branisteanu  Respond to of 436258
 
Joan, the last thing the US establishment can do to remove the US from world leadership is hurting it's High Tech and Bio Tech industries.

The real value added in those industries are well over 95% and much more promising as selling sweetened carbonated water (KO).

Due the mistakes made in the past from to much free credit and largess those industries are hard hit. To continue it's dominance in world market they those industries need a helping hand which will come in the way of lower interest rates and lower dollar.

The health and fund availability for those industries are in the national interests of the US as much is the defense industry who rely heavily in US technological dominance.

All this said that should not exempt guys like Ellison from ORCL to return the illegal acquired wealth in the hundred of millions to the small share holder. biz.yahoo.com

Failure to keep the lead will push the US industry into unwanted manufacturing fields with much lower value added which will not solve the present problem.

Why is the US in such dire situation ? well ask Mr. Rubin, Greenspan, Clinton and Bush at al. they all share the blame.

BWDIK
Haim