Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tejek who wrote (175169)	9/17/2003 12:23:36 PM
From: TimF	Read Replies (2) \| Respond to of 1578738

It's Time to Raise Taxes No its time to get control of spending increases. The government is spending without income. The coming boom won't cure the deficit because of the way the tax cuts were carried out. Defense is important, but without higher taxes, we're headed for a guns-and-butter mess-up. Only if we greatly increase spending for butter. because the boom will be untaxed as it happens. Not true. That's because they simply hate the government, and, if they could have their druthers, would wish it away. That's libertarianism. No that is anarchy. Libertarians want a small government not no government. Tim

To: tejek who wrote (175169)	9/17/2003 4:24:24 PM
From: Road Walker	Read Replies (2) \| Respond to of 1578738

14:13 ET Economic Review - Treasury Budget Statement : The August Treasury budget deficit summed to $76.5B - $22B larger than a year ago - as the fiscal year-to-date deficit of $402B is more than twice the size of the same period last year. August receipts fell 8% and outlays rose 6%. The extraordinary flow of outlays is $131B larger than a year ago, while receipts are $70B lower than a year ago. With one month left in FY03, the deficit looks like it may edge below $400B given the inflow of September corporate taxes. The longer-term outlook continues to worsen, however, as President Bush sends an $87B request for Iraq rebuilding to the Hill today. The FY04 deficit could approach a record-shattering $600B as fiscal discipline is void. Treasuries paring a little bit of today's substantial advance, with the ten-year note presently up 20/32nd's in price for the day, yielding 4.20%. From Briefing.com