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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (94030)	5/6/2008 12:29:13 AM
From: TH	Respond to of 110194

Jim, I'd say UFB, but we know it is totally believable. No one will do anything about this and tomorrow Americans will be watching some mindless trash and will have forgotten completely about it. It really is stealing, but if every space cadet at NASA is doing it, then it must be ok. Then again I"m reminded of a line from Charlie Wilson's War where he stated, <did you really think we were paying 250 bucks for toilet seats?> His point being that the dark budgets have to get that funding somewhere. GT TH

To: Jim McMannis who wrote (94030)	5/6/2008 2:31:05 PM
From: benwood	Respond to of 110194

I'd guess the gubbamint spent a billion dollars auditing NASA to save taxpayers that $260 million.

To: Jim McMannis who wrote (94030)	5/6/2008 4:54:34 PM
From: GST	Read Replies (1) \| Respond to of 110194

A slowing US economy lowers the dollar -- a lower dollar drives inflation higher -- inflation slows the economy more -- the dollar declines further -- and so on. Last year some people here mocked the idea that a slowing US economy would cause a spike in inflation -- they did not grasp the global context in which we now live. As a nation awash in debt owed offshore, the destruction of our purchasing power as measured in dollars is all but assured. We could put pedal to the metal and innovate -- some will indeed do just that. But for the most part we are seeing the same tired responses to the problem of debt -- desperate attempts to get the debt machine moving again. Its like trying to solve the oil crisis by getting people to buy more SUVs -- it has the opposite effect. Unless and until we curb our debts by reducing our spending and increasing our incomes, we are going down and inflation is going up. That is the world we live in. As for the rest of the world, they are not mired in debt and for them there are plenty of other opportunities. If you want to invest just stay focused on the world beyond our shores and the companies (including many familiar US company names) that service them.