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

To: smolejv@gmx.net who wrote (45154)	1/24/2004 1:56:53 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Bush wants to boost military spending by 7%, to nearly $402 billion in fiscal 2005, the Pentagon said Friday. The increase is needed to help pay for a raft of costly weapons and programs bolstered by the Washington's response to the Sept. 11, 2001, terrorist attacks. latimes.com If terrorist' plans were to to bankrupt the US they are succeeding!!!!

To: smolejv@gmx.net who wrote (45154)	1/24/2004 6:13:36 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 74559

DJ, $9,000,000,000,000 for 200,000,000 people is $9,000,000 for 200 or $45,000 per person. Since they are earning about that much per year and interest rates are about 7%, that's only $3,000 per year. Yawn. Doesn't look like a problem to me. Say it was only 100 million people responsible for the debt, that's still only $6,000 per year. Some of the debt, for cars for example, is as low as interest free, but I suppose it has to be paid off in a certain time. Hang on, mortgages are lower than 7%, more like 5%. Debt is good. It's motivating. Mqurice