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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (6367)	4/19/2008 5:38:02 PM
From: Giordano Bruno	Read Replies (2) \| Respond to of 71475

Yes we do silly, AAA CLO factories.

To: ggersh who wrote (6367)	4/20/2008 1:54:32 AM
From: dybdahl	Respond to of 71475

You do. The question is not "if" but "how much".

To: ggersh who wrote (6367)	4/20/2008 8:19:01 AM
From: zamboz	Read Replies (1) \| Respond to of 71475

ggersh, you are hitting a sore nerve. "jobs making computer chips or potato chips, what's the difference?" Remember that quote by one of Daddy Bush's advisors? Perhaps Lee Atwater. That mentality has come home to roost. I think computer chips quickly become commodities, but everyone in the entire world wants them if they can afford them. You cannot say the same about potato chips. It is the responsibility of government to look out for us longer term. They have not. Instead they push the mantra that government cannot do anything right. But when it is convenient, they practice big government by handing out billions to big oil while they are making record profits. In the early 90's, India had a bad recession and decided enough was enough. They poured money into education, particularly higher education. The payoff has been huge. Governments can make smart moves and those that do are eating our lunch. We have been ill served by Washington. We are probably at the point where we need aggressive moves in education and health care. Other countries provide a more educated work force, and health care does not become a major expense of employers. On the bright side, Winston Churchill: "The Americans will always do the right thing . . . After they've exhausted all the alternatives."