Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (59437)	3/11/2004 4:40:08 PM
From: QwikSand	Read Replies (1) \| Respond to of 64865

Furthermore, the accumulation of huge additional national debt is in effect a hidden tax that we'll be paying on for years to come in the form of higher interest rates than would otherwise be the case. That one's a tad regressive too. Who's paying the interest, and who's earning it? That's why I had to grimace when the good people of California last week dutifully approved a few zillion in bonds as instructed by Governor Ahnold, financing their debt in effect by transferring more wealth from his fans to his sponsors instead of, Heaven forbid, raising taxes. --QS

To: Charles Tutt who wrote (59437)	3/11/2004 5:04:08 PM
From: Steve Dietrich	Respond to of 64865

The economy is expanding but the deficit just keeps getting bigger. What kind of fiscal management is that? How 'bout the market? Well you know what they say: A receding tide sinks all boats... Steve Dietrich

To: Charles Tutt who wrote (59437)	3/12/2004 6:40:03 AM
From: JDN	Respond to of 64865

Hey Charles, here, I will give you some more AMMO. The national debt is owned to ourselves, I do not think that it contributes to raising interest rates as much as it could contribute to raising INFLATION. My thinking is the Govt could ALWAYS just print more $$ and pay off the debt any time it wishes. This would of course weaken the $$. I know you are thinking there is a finite amount of capital and if the Govt is in the market borrowing then that capital isnt available to the rest of us, thats a good theory but in actuality the National debt is such a small part of our total economy it just doesnt seem to work out that way. jdn