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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (94198)1/26/2002 11:49:24 AM
From: Les H  Read Replies (2) | Respond to of 132070
 
The $600 Billion Gorilla

A drug addict is often said to have "a monkey on his back". The US
economy may have a gorilla on its back. Are we strong enough to
carry around a little more weight, or will we collapse?

What I am referring to is a recent study by Morgan Stanley that
the "America's current-account deficit should hit 6.2% of nominal GDP
in the second half of 2003, in excess of $660 billion. In dollar
terms, this would break all global records. It does the same in
percentage terms for the modern-day US economy." That means we will
be buying about $600 billion more from the world than we sell.

In 1987, the last record year, the percentage was 3.4%. Back then, we
needed about $160 billion to finance our deficits. The rest of the
world did not give us the required money, and the dollar dropped 50%
in about 2 years.

from Mauldlin letter



To: Knighty Tin who wrote (94198)1/27/2002 10:52:57 AM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
To All, Paradise on Earth last night. Went to the racetrack. Afterward, they had a free wrestling show. I expected a bunch of flunky butts from "The Elite Professional Wrestling Association." But we got Terry Funk, Dr. Death Steve Williams, Disco Inferno, Eddie Guerrero, Buff Bagwell and whatever Hernandez is calling himself nowadays. A good show.

Did pretty good at the track. In The Jockey Club, the waiter put the dessert tray near us and my Mother, another shrinking violet, said "you must be a very trusting man to turn your back on that tray." He laughed and brought us both a free "death by chocolate" for making him laugh. They always treat the little old crippled lady to stuff. If I make the same sort of comment, they call a deputy in to watch me. <G>

Gorgeous females all over the place. Some were human. I like that sort of stuff. <g>



To: Knighty Tin who wrote (94198)1/28/2002 9:22:06 AM
From: Knighty Tin  Respond to of 132070
 
Cheapskate Alert, happy dental health. Walgreen's rebates offer free 6 oz. Colgate Total toothpaste, Oral B Satin Dental Floss (the good stuff) and Therabreath drops. Also, they have Excedrin Tabs, Baby Magic Shampoo, Degree deodorant (does anyone still pay money for this stuff?) and some sort of arthritis rub (like Icy Hot) for nada. A good month.

For the 3rd month in a row, Eckerd's didn't have a rebate worth talking about. If they don't shape up, Walgreen's is going to Kmart them. <g>