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.

Politics : President George W. Bush - Right or Wrong? -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (135)	11/28/2004 4:31:52 PM
From: geode00	Read Replies (1) \| Respond to of 390

"...begin to tackle even one of the really large-scale issues confronting humanity: climate change, diminishing energy supplies, increasing shortages of fresh water, etc...." --- IMO, it's all about large profits for a tiny number of individuals, families and organizations. Alternative energy will seriously crimp the upcoming massive price increase in oil, coal and natural gas. Climate change is considered either: 1. a natural part of weather conditions on the planet like the last ice age or 2. an alarmist position or 3. the end of days. Then there's the upcoming excitement over the PRIVATIZATION OF POTABLE WATER. Perrier? Poland Springs? How about brand name water (at an alarmingly high price) for use in your hot water heater or from out of your tap? It's already started in South America I believe....the buying up of water.

To: Doug R who wrote (135)	11/28/2004 9:58:10 PM
From: BEEF JERKEY	Respond to of 390

"Well, the US current account deficit (the difference between what the US spends abroad and what it earns) is reaching the point where our creditors are getting worried. One sign of this is the falling dollar, now at record lows against the Euro. The dollar's slide is both cause and effect. It's an effect of the fact that people are less enthusiastic about taking on more dollar-denominated IOUs. It's a cause in that it makes it even less attractive to own dollar-denominated IOUs, since their value is declining and appears likely to continue doing so. The process feeds on itself, and there is always the risk that it will spiral out of control in a panic of selling." A kick-ass military won't do much good if the dollar seriously implodes. Bush has seriously weakened the US during his first term. There is a serious risk that things really unwind during his second term.