SI
SI
discoversearch

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


To: Neocon who wrote (539345)2/12/2004 3:17:57 PM
From: DuckTapeSunroof  Respond to of 769670
 
I agree, Neo:

Message 19800798



To: Neocon who wrote (539345)2/12/2004 3:22:19 PM
From: DMaA  Read Replies (1) | Respond to of 769670
 
Deficits are a side issue. The real issue is that Federal Spending as a percentage of GDP is rising and rising fast. In fact in Bush's own budget, he sees it rising to 50% of GDP in 30 years. That is an unambiguous prescription for disaster.



To: Neocon who wrote (539345)2/12/2004 3:23:02 PM
From: BEEF JERKEY  Read Replies (1) | Respond to of 769670
 
What about the dependance on foreign capital?

At least two downsides to this. Interest rates can be influenced by external countries - eg. a threat to withdraw bonds can force rates higher.

Wealth is "exported". eg. with the current trade US wealth is exported in the amount of the deficit. At the current 4% per annum that will reduce the standard of living in the US signifigantly over time.



To: Neocon who wrote (539345)2/12/2004 3:58:35 PM
From: CYBERKEN  Read Replies (1) | Respond to of 769670
 
CK knows economics better than you and any hundred friends. Patsy knows nothing about anything. I'm not here to convince you not to be an idiot, only to point it out when you, inevitably, are...



To: Neocon who wrote (539345)2/12/2004 3:59:39 PM
From: tsigprofit  Read Replies (2) | Respond to of 769670
 
George W - Convicted of Drunk Driving, and Lied to Cover It Up
George Bush now admits that he was convicted of drunk driving. On September 4, 1976, a state trooper saw Bush's car swerve onto the shoulder, then back onto the road. [The Bush camp spin that he was driving too slowly is simply a lie.] Bush failed a road sobriety test and blew a .10 blood alcohol, plead guilty, and was fined and had his driver's license suspended. His spokesman says that he had drunk "several beers" at a local bar before the arrest. Bush was 30 at the time. He now says that he stopped drinking when he turned 40 because it was a problem.

More troubling, Bush lied in denying such an arrest, and still won't take responsibility for his actions. His first reaction was to blame Democrats and Fox News -- the only openly conservative TV network -- for reporting the story. "Why [was this reported] now, four days before the election? I've got my suspicions." He refused to say what his suspicions are, though. Bush admits covering up the story, but seems to think he has no responsibility for the failure of his cover up.