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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (159358)	1/30/2003 5:11:21 PM
From: American Spirit	Respond to of 1586591

BILL GATES SR. crusades against Bush estate tax cuts: The stakes are enormous, especially for the 1% of U.S. households who control 38% of private wealth, Gates says. Under current law, the estate of someone worth $1 billion would have to cough up as much as $490 million in taxes after he or she dies. Eliminate the tax, and the heirs would gain that much. (* Not counting what's protected in trusts, foundations, etc.) The effort by Gates, Buffett and others is not as odd as it might seem. Gates' son, with $43 billion, and Buffett, with $36 billion, have said they'll give most of their fortunes to charity, which will reduce estate taxes. Most Americans will never pay the tax because their estates are too small, Gates says in Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes (Beacon Press, $25). Only about 2% of estates qualify each year. But it is those estates and their powerful families that concern Gates. Without the tax, he says, their wealth could grow to a point where they could have too much control over the national agenda. (* Back to the good old days of the carnegies, Vanderbilts and Rockefellars? Imagine if Bill gates had no estate taxes. His heirs could end up trillionaires without ever having to work a day in their lives. The rich get richer all right)

To: American Spirit who wrote (159358)	1/30/2003 5:47:04 PM
From: d[-_-]b	Read Replies (1) \| Respond to of 1586591

American Spirit, re:Hydrogen fuel generation will require a massive new infrastructure (public and private money, massive jobs creation) and new, better, cleaner ways of creating and transporting the fuel (public and private incentives to propel technological advances, market driven once the market is created) and will be a long, gradual process of about 15 years until a time when you can fill up your car with hydrogen anywhere you like. You can also have a hydrogen furnace, air-conditioner, etc. But the key is to NOT use fossil fuels to create hydrogen fuel. Therein lies the rub. It wont be a perfect system but it can create more energy than 1000 ANWRS and will result in a much cleaner planet. Bush recommends a small pittance of what is needed. In the future we wont have to worry about Saddam Husseins or Osama Bin Laudens so imagine the huge savings there. new policies for a new century are needed. No matter how many wildlife refuges Bushies plunder it wont get us anywhere closer to energy independence the way we are going. The alternative is to keep our military in the Persian Gulf and Asia Minor for generation or two to insure oilfield security, and to make the oil kings of those regions stinking rich. we're at $34 a barrel now. It could go higher. Think of that saps out of our economy every day. You never answered the central question - where do we get the hydrogen?