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To: EL KABONG!!! who wrote (40781)11/3/2003 9:38:42 PM
From: elmatador  Respond to of 74559
 
Is Iraq, today, Germany in 1945?
kultursmog.com

A friend of mine -a Brazilian, not an American- hearing that I call Iraq the US's own Israel tells me that in 1945 the picture was gloomy in 1945 and Iraq may be the same thing today.

Then it was imagined that the cure of Nazi Germany was worse than the disease.



To: EL KABONG!!! who wrote (40781)11/4/2003 6:57:02 AM
From: Snowshoe  Read Replies (2) | Respond to of 74559
 
Kerry,

I've been thinking about this article and how to respond. Mike Norman used it to support his thesis that paying down the national debt is bad. Based on my own personal experience with college loans, car loans, and real estate loans, I have to agree that paying off a debt really sucks!

However, I guess I've learned a different lesson from this experience. I try to avoid debt! My house and car are paid for, and I have no debt. I'm sure Mike Norman has a much better house and car, paid for with the borrowed money that he loves so much. But I don't have to worry about being overextended, and I can take time off from my business when I feel like it.

The basic rule is the same for individuals and nations: If you don't borrow the money in the first place, you don't have to pay it back!

-Snowshoe