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To: Hugh A who wrote (36294)7/19/2003 4:12:13 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Come on now Hugh, get a grip. Uncle Al isn't really fixated on exporting the equity to China. But of course China has exported a lot of stuff to the USA, so those exporters have a lot of US$ and some of them will have loaned it to Americans to buy houses.

There's nothing wrong with that. By such a method, the Americans get both the house AND a whole lot of stuff Made in China. If they didn't buy the stuff from China, they'd have to pay a fortune to some lazy slob to idly make it in Idaho or somewhere and then they couldn't afford a dirty great SUV and house [other than a small one without mod cons].

You should kneel in gratitude to Uncle Al KBE for leading the revolution. He is a great hero of the revolution whose name shall live forever.

In praise,
Mqurice



To: Hugh A who wrote (36294)12/15/2004 4:06:01 PM
From: Maurice Winn  Read Replies (3) | Respond to of 74559
 
Hi Hugh. <Chairman Greenspan is the ultimate altruist... He is working hard to ensure that 100 percent of the home equity of all Americans is exported to China. His legacy is assured!>

I had a look through your posts to remind myself and there are some gems.

Uncle Al KBE is not being an altruist. He is turbo-charging the world's economy. Americans send capital to China [much of it borrowed with their homes as security], China produces umpty million tons of stuff which everyone in the world buys, China makes a ton of profits which they use to buy umpty million of those wonderful phragmented photon cyberphones which results in $megamillions flowing back to QUALCOMM and the USA IRD department.

The world is turning into an integrated global economy with specialists everywhere, rising wealth and productivity.

Uncle Al's legacy is indeed assured. There should be a dirty great monument to him built somewhere nearby Jefferson or Lincoln.

Mqurice

PS: Oh, I see I already said as much: Message 19125882 sorry about the repeat. I just come over all breathless at the mention of my idol.