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To: Zeev Hed who wrote (9677)11/28/1997 11:14:00 AM
From: Bilow  Respond to of 18056
 
Having been born and raised in border states, I can attest to
knowing several people who have been burned on Mexican
bonds, bank accounts, CDs, etc. Right now, I must admit I
am more optimistic about them than the average US citizen.
I see little signs of a growing middle class down there, and
a relaxing of the somewhat corrupt one-party political control
down there. Someday they will doing as well as our neighbors
to the north.

Every time I've been up to Canada to visit in-laws, I am amazed
at how badly their economy is doing. You would think that at
least a little bit of the US's good times would leak across that
long, porous border.

P.S. A Canadian joke: What do you call a Canadian citizen
who lives in Vancouver and wants to visit his family in Ottawa
by car during the winter?

Answer: Fill in for yourself: _____________.

-- Carl



To: Zeev Hed who wrote (9677)11/28/1997 11:15:00 AM
From: Jack Clarke  Respond to of 18056
 
Zeev:

Again, thanks for clarification. RE: "A sovereign country has the right to tax its citizens to pay back their debt.", this is my point: The little guy gives up in taxes the money he needs for his kids' shoes to pay for the speculative excesses of the richer guys. Some things stay the same.

Jack