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To: Ron Wilkinson who wrote (4263)12/14/1997 4:44:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116759
 
Hi-
thanks a lot..I need all the reality testing I can get..but currently
I am going to shock you..I think the French government has the
right idea.. I will try to control myself and to limit my focus(sigh)
(it is much easier to write stream of consciousness because then
it takes a much shorter time than being disciplined(ugh)...
I don't think there are enough good jobs to go around..a lot of
people don't even know how to add let alone read..
remember A T&T laying off all those droves of people and then giving
also that spare change(?) to their chairman in stock options or something like that..(I guess you call that blood money :> --wonder if he believes in what goes around comes around)
where was it written in stone that the average worker should
work a fifty hour week..or a forty hour week
...geez if people
were less stressed they might resemble animals more(couldn't resist)
..more money could be saved in less stress related illnesses,less
lawsuits,less accidents,less divorces,less screw ups in hospitals, etc..more revenue from leisure activity..blah blah blah
bobby



To: Ron Wilkinson who wrote (4263)12/16/1997 12:27:00 PM
From: Ronald P. Margraf Sr.  Read Replies (2) | Respond to of 116759
 
Hi Ron,

Your argument is well taken. The Clinton administration has been doctoring
the numbers for years. When they don't look good to the public, they
change the way in which they derive those numbers. We are all living in
a room of mirrors, a house of cards. The administration is leading the
public to beleive that everything is fine by being able to bail out these
Asian countries. Ask the proverbial question. Where is the money coming
from? The printing presses are working overtime, producing what? Paper.
Backed by what? Scudded reports of the economy, employment, ect. ect.

If you look at what is happening to the average homeowner and compare it
to what was prior to the 28/29 crash the simptoms are the same. Home equity
loans that are as high as 125% of the true value of the property. The same
as an open end mortage of the 20s. There is no equity value left in the
properties. Folks today that are in the markets are on margin accounts, not
cash. If the markets drop, accounts have to be settled. Where is the money
going to come from to cover the accounts? Same scinerio with the Clinton
administration with the IMF bailouts. If the Asians fail to repay the
bailout loans, where is the money going to come from to pay back the US
treasury.

The Clinton administration is bankrupting the government by extending
lines of credit that is doesn't have. It is all done on the premis that
they will pay us back. There are no guarrentees here. None whatso ever.
Consumption has its limits. When those limits are attained there is no
more growth. No more new money coming in. Therefore there is no payment
of debt.

Correct me if I am wrong.

Ron