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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (19354)	10/17/2003 9:07:41 PM
From: Jamey	Read Replies (1) \| Respond to of 81925

The average American has 7 credit cards and pays $78.00 a month interest on them. John Q. Public has been compulsively spending on a buy now, pay later basis. That will stop! Middle income bankruptcies are on a steep incline and right now, Uncle Sam is going to support the economy with spending, mostly to large contractors like Halliburton. Searle, there is a theory that the reason Viet Nam lasted so long is because Big Business was scooping up money for weapons, fighter jets and Bell Huey helicopters. It is said that is the reason Kennedy was assassinated- because he was going to stop the war. I believe it. The term Demopublicanism is and has been prevalent for many years. It doesn't matter who is in office. They are all the same ilk. I am a patriot and love my country and always like to believe that the force of the "Silent Majority" was enough to right things. That is how we have been raised to our detriment, i'm afraid. You make many strong arguments against the economic conditions like the 1930's era but prior to that all the bankers and investment pros were saying that a recovery was close at hand. This, I believe, will be the same thing. Everybody will laugh at the sky is falling folks and twisting negative economic reports until the sky does fall in. I hope that people wake up to this fact or they are going to live a miserable life by not preparing for it. James

To: sea_urchin who wrote (19354)	10/17/2003 11:46:25 PM
From: philv	Read Replies (1) \| Respond to of 81925

Here is an article which kind of makes your argument Searle. Jobs, especially good ones will become increasingly rare in the future. Why, even China has suffered major job losses in the last 10 years. And these losses are in the manufacturing sector. 16 million jobs lost between 1992 to 2002. This of course while productivity in this sector increased by 30%. quote.bloomberg.com All this spells a huge realignment of values and careers in the future. For example, the price of a good television may well equal what can be earned in a day delivering the newspaper. Or a good meal in a restaurant. Or maybe the price of a hotel room. Does that make sense? I don't know, I am struggling here trying to understand how this can possibly work.

To: sea_urchin who wrote (19354)	10/18/2003 12:27:21 PM
From: Ahda	Read Replies (1) \| Respond to of 81925

I agree with all you have stated. (a) Management of debt and its creation (b) Globalism and the export of US jobs to areas of lower cost a+b to me can be lumped into currency control. Surplus currency adds another problem to an increase in demand that bids for limited supply and increases the costs. (c) US militarism, especially at the behest of Israel. I can't respond to this as this to me falls into judgment and the upholding of laws. How can you uphold the law if you have a defunct judicial system and in this case it is called the UN. Africa is not alone in her judicial problem.