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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (520466)	1/6/2004 4:21:27 PM
From: DizzyG	Read Replies (1) \| Respond to of 769667

Nope... Kenneth, read those links again. At the time, those bills were highly criticized. I also seem to remember that Clinton vetoed the original OMNIBUS bill because it lacked the pork that he was looking for...sorry, but I reject your attempt to paint this as a Rep./Dem. issue. ALL politicians spend way TOO much of our money regardless of party. Diz-

To: Kenneth E. Phillipps who wrote (520466)	1/6/2004 4:23:27 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 769667

Meanwhile, noted commentator Marc Faber, the Hong Kong-based "Dr Doom", has raised further concerns about the future of the US currency. "I am totally convinced that the present 'strong' recovery phase in the US economy won't last for long, as it is totally artificial," he writes in his latest newsletter. He argues that since 2001, real salaries and wages in the US have declined and the consumer boom has been created by heavy borrowing, including borrowing against equity in homes. The only way for US consumption to increase would be by further borrowing, mainly by people increasing their mortgages as property values rose. theaustralian.news.com.au