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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (316538)	12/20/2006 6:46:11 AM
From: RetiredNow	Read Replies (1) \| Respond to of 1577060

The great thing about the dollar's value is that since we float the currency on the global markets, it is a great measure of all the variables that account for the status of this country's worth. This chart tells the whole story of Bush's inability to keep our economy strong and our country's net worth high: research.stlouisfed.org You asked why I would invest in a company like Cisco, believing as I do that our country is going down the tubes sinking in debt. That's a stupid question. Cisco isn't the country. Many US corporations will do just fine even as the US sinks. Multi-national companies with broad sales bases in key industries will continue to grow. The thing about the US economy and confidence in the dollar is that if those sink, it will impact the entire globe. However, these things take years, sometimes decades to play out. This isn't an overnight thing. I'm upset about it, because I look into the future a few decades out and I don't like what I see for this country. I know you and your generation only look out 1 year, but that's why we're in this mess. It's people like you who only care about getting yourself rich and don't give a sh!t about what you leave behind for your kids that are creating this mess. We need a nation of critical thinkers that care for this country as much as they care for themselves, if we are to turn this around. First step is to get the Republicans out of office to teach them a lesson. Then the next time they win, they will be more humble about doing the voters' bidding. Look at that moron, Bush. Ever poll that comes out now says Americans are SICK and TIRED of the darn Iraq war. Yet Bush's response is that he's thinking about expanding the size of the armed forces and sending more troops to Iraq. I thought I'd never say this about a Republican, but that man needs to be impeached. He's bad for this country and he stands for all the things this country was not built on.

To: Elroy who wrote (316538)	12/23/2006 1:35:13 PM
From: tejek	Read Replies (1) \| Respond to of 1577060

The U.S. leaders are dooming our Democracy to suicide and the criminal about it is that the people who will bare the brunt of this suicide will be our children. Well, the US has had deficit spending for years, the economy is expanding, and unemployment is low, so when your anticipated suicide going to begin? How many years from now? Interesting, how you have become the defender of the American budget deficit on this thread. Its a pretty irrational position when you think about it. Even if we are able to service that debt, and so far the economy has allowed for that possibility, think about all the things that could have been done with the money were it not spent paying the interest on that debt. How many new and experimental industries, ultimately beneficial to the the country, could have been funded with the debt payment money? That's what makes your position so irrational. We certainly can 'afford' the debt in monetary terms and so far have still been able to grow the economy, but can we afford it in terms of national advancement and national quality of life. Is it causing us to lose our edge in the global economy? I think it would be fairly easy to put together an argument that shows how untenable your position is. And if this is really you view, what in the world are you doing owning stock in CSCO? If the US is going down the tubes, surely you can find a better place to park some investment money... Why not? CSCO is a multinational player and is still growing. Investors have every reason to believe its books are in order and that its CEO is competent. Why would you not buy its stock?