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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (43752)	12/21/2003 8:29:21 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

<<Abracadabra M=5>> This, if it ever gets off the ground, could be a M=9 ( achamchen.com ) news.bbc.co.uk Fusion project decision

To: Raymond Duray who wrote (43752)	12/21/2003 2:04:07 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Ray, I appreciate the quirky links. I enjoyed Childplay, mywebpages.comcast.net showing who would pay off the $trillions in King George's debt. Vote Bush and get the right people paying = future generations. It was also good in that it showed that children need to learn to work from a young age. Too many raise children in the play-way sense of entitlement without contribution. There is a vast injustice underway in the western world and it is that we old geezers and our antecedents put in all the hard yakka to build the vast panoply of riches surrounding us. Roads, stormwater, dams, buildings, plant varieties, medical discoveries and inventions, airports, wharves, sewerage, forests, 747s, cyberspace, cyberphones, Globalstar, Global Crossing, Enron [giggle], hospitals, schools, Hubble telescope, USS Enterprise and USS Ronald Raygun, railways, Britomart white elephant train station, Aotea white elephant civic centre, and $trillions of things. The useless layabout younger generation is born, becomes semi-sentient and without so much as a by your leave or nod of appreciation, starts scoffing into all we've created. The great thing about debt is that those who created it, get to benefit from a higher proportion of the value they created, but still only a small portion as one can rarely borrow up to the full value of an enterprise [70% mortgage for example]. Globalstar and other creditors would point out that creditors sometimes lend a lot more than the value. So, it's a great deal. We built all the stuff and if the younger generation wants to use it, they can pay for the debts still hanging around what we built. Which means they start working! Good. We need to figure out how to increase the debt burden though because don't forget consumer surplus and that life will get easier and the debts will be more easy to pay. The value of cyberspace vastly exceeds the cost of It's construction. The lazy hoodlums are using it without even having to pay for the development. If you can think of ways to increase the debt burden on the young generation, I'd appreciate it. I look at my parents' lives and think they had a heck of a lot harder time than I did. The vast capital formation of the western world has left those creating that wealth inadequately rewarded. We who have come after have had a cruisy, easy life. The obscenity of it is the ignorant sense of entitlement which is manifest by so many. We need more debt. Heaps more. Bring it on! Mqurice PS: Britomart aucklandcity.govt.nz Swarms of guys worked on building this for little pay and the next generation lazy young blighters will not be impressed but will graffiti the walls and spit chewing gum on the floor. I say the builders should move the debt to the next generation who will use it without paying for the construction. Fusion... future generations of mindless morons will switch on a light, costing them almost nothing... news.bbc.co.uk