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To: Dale Baker who wrote (13424)	8/16/2003 12:23:30 AM
From: John F. Poteraske	Read Replies (1) \| Respond to of 48461

Just putting a positive spin: With the increasing deficit spending which should add to higher rates at least we reduce the chances of deflation.

To: Dale Baker who wrote (13424)	8/16/2003 1:15:23 AM
From: tsigprofit	Read Replies (2) \| Respond to of 48461

Re: power - F the deficit! We have 4 billion plus** a month to spend over in Iraq. We can spend money here in the US getting the power system modernized. And - it's not a job for private enterprise, it's the government's job - and we will all have to pay for it. We just went through the outage here in Michigan. No power (or A/C of course) for about 21 hours. No water. No gasoline (all pumps were down due to power - so everyone was stranded.) People were pretty good overall - no real looting - but what a problem. My wife has asthma. She can't be without AC and air filtering systems. She had to use inhalers, and we had to run the AC outside in the car, using close to our last gasonline. We had a friend whose neighbor had a heart attack. Many elderly in high rises were trapped in their rooms, as they were too ill to get downstairs. All I know is that we have to invest to prevent this from happening again. We must have continuous power, which is needed to run our infrastructure, water, etc. Unacceptable to have it go down like this, in this many states. Not an academic argument when you are in it, and miserable. Hopefully everyone will be back soon. Matt