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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (7855)	2/12/2004 1:58:57 PM
From: FreedomForAll	Read Replies (2) \| Respond to of 110194

And the education system has been socialist for 60 years, so what did we expect?

To: Haim R. Branisteanu who wrote (7855)	2/12/2004 2:09:45 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 110194

just a theory on why Bushy said outsourced jobs are good his main agenda objective in the past two years was to get the stock market to rise and to get housing prices to rise some might point to the economic growth objective but on a temporary basis, a rise in S&P and REst ensures the economic growth success, given how the wealth created presents itself to be borrowed and spent so readily bring in some distortive statistics, and you can paint quite the story for econ revival to sell during an election the trouble comes with the stat dissection jobs are not being created, so they are assumed at 50,000/month adjustments via IT-hedonics can amplify the GDP growth nicely jobs are outsourced, so they will be expected next quarter and when they dont arrive next quarter, assume the following quarter as the USDollar declines further, point to the multi-nationals whose operations benefit from foreign exchange rates as the trade gap remains wide, call the credit markets flexible and claim it is advantageous as the US$ declines overnight, call on foreign CB help, which now appears to be subsidies for both our govt and our millions of households once more stand on the PRODUCTIVITY pulpit, even though its high numbers imply unused mfg capacity which will probably never come online WE ARE IMPORTING PRODUCTIVITY FROM ASIA this is the big story which is being misinterpreted by our clueless cast of hack economists no benefits to US wage earners no siphoned profits to plant new capex seeds inside USA this is sad Americans are being sold out on jobs and are beginning to realize it Americans are being duped on statistics and dont realize it / jim