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To: Road Walker who wrote (176263)	12/26/2003 1:05:34 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

It's deja vu (or, if you prefer, freedom vu) all over again, Yogi: Intel invests in Micron, this time to promote ddr2. Of course last time they did this they made 2.5 Billion. crn.com

To: Road Walker who wrote (176263)	12/30/2003 12:59:15 AM
From: Amy J	Read Replies (2) \| Respond to of 186894

Hi John, RE: "It has been for quite a while for textile workers, now it is for tech workers. You may see a significant difference, I don't" It's drastically different than before. You didn't have 600,000,000 middle-class people coming online back then, nor at any previously held time in history. This will be a direct economic assault on America's wage-earning middle-class, across all industry sectors and careers. That's now obvious. People like Stephen Roach saw this, way before anyone else seemed to see it. What's not obvious is: will America step up to the plate and compete? Or, are we going to wait until the pain is so high across all industry sectors, across all people here, that we finally respond competitively? And protectionism is definitely not the way to become more competitive. As a child, I remember complaining to my Dad about, "why don't they do this with the car design or that" in order for us to be more competitive than Japan. We didn't. We waited until the structural pain nearly destroyed us. And this is going to be worse than Japan - Japan only had a few million people on limited high-cost land (sound familiar?) - not nearly one billion middle class coming online with an unlimited supply of land. Do we have to wait until we have the tangible proof that we have fallen behind, before we respond as a country? Or, can we be smarter this time and be proactive? I also think there's a huge potential to structure this so it's a win-win for all countries, by simply increasing the number of entrepreneurs here to start companies, who in turn will hire people here as well as overseas. We can launch more entrepreneurs here than any other country, so we can get more companies off the ground faster and more people hired everywhere - to every countries' benefit, but only if we decide we want to launch more startups by letting entrepreneurs into the country in the first place. I want the quota on scientists removed so more serious startups get launched here, and want to see more affordable housing for new hires so they don't move out of the area, after investing in them. And I want to see the passive real-estate investors who buy up multiple homes here ONLY because (their words, not mine) proposition 13 lets them do this quite profitably on the backs of new hires - the law should be modified to require people to live in their homes in order to benefit from prop 13. Maybe it's only a coincident that I know a lot of people who own multiple homes in the Bay Area that are renting out to new hires, but I tend to believe they are hogging the supply of homes from the new hires and artificially keeping prices high (obviously the interest rate has more of an impact, but let's not create laws that hurt retention of new hires.) Retain proposition 13, but require people to live in their home. It'll free up more homes for new hires to buy. Maybe it's as simple as that. Regards, Amy J