Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Dan Ross who wrote (294)	1/7/1998 11:16:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 18691

Dan; Welcome to the club. My comments would be to many, see if you can find a biography of Will Rogers. You will see that this has been going on for years and years. It goes beyond Government, and gets down to secreat socities who struggle for power. This System of National Dept is their bain child, and it allowes them to hold a Government ( and the people under it ) captive. Not only does each generation pay for the sins of the former ones with taxes, often they pay with blood. American did not invent this it was sliped in under the door and took hold years ago and trives on people being to busy and concenrned about paying their second morgage to have time to look at it. It all adds up to a huge on going power struggle thats taking place beyond the eyes of the average person, and politians become puppets to it or find they can't get the funds to run for office. It can be a very depressing discovery, hope you hold up and can come to see that it swings like a pendulum, and because it swings the wrong way today does not mean it will always swing that way. Progress is painfully slow, but we are as peons better off than the peons were during the days of Will Rogers , barring an all out nuclear war , which so far we have by the skin of our teeth avoided we are in much better shape than we were even in the 50t's. How I survived is still a mystry to me, as any real records of my Indian heritage have been burned and re-written. Heck I didn't even get a birth certificate till my mid thirties, up to then I was below peon class, and was one of thoes non persons. :-) From my point of view it's like having been assimulated by the Borg , it amazes me that at times I can still crack a smile. Take care Dan. Jim

To: Dan Ross who wrote (294)	1/9/1998 10:39:00 AM
From: James F. Hopkins	Respond to of 18691

Dan; RE> Our government deficits and HUGE national debt are to blame....additionally the average U.S. person has 2600 in credit card bills.....<<< -------------- I also think we need to look at corporate dept. IT is HUGE, look at GEs dept. Add up the dept of huge multinationl companies ! IT exceeds our national dept ! In fact it looks like the Gov is in a trap trying to compeat with all the JUNK BONDS. International coporations have more money, and dept, and power than the US gov, in effect they are in charge of this. Also they seem to be locked in a mindless battle for power, and running like a machine that's out of controal. Within these huge coporations, so much is going on that comunations break down, and one derpartment seldome knows what, the other departments are doing. I'v seen this before but it's more noticable now. No one places a limit on how much dept these Mega Corps can carry, belive me it's what helped kill the Japanese market, and the yen, and it can happen here too. ---------- At some point a few big Corperations can't leverage any more and start defaulting on their dept, one leads to another as they all have bought into one anothers dept trying to leverage a "spread" to get more "interest" than they have to pay.. This is at the HEART of the problem..CORP 1 issues Bonds at 8%..but also buys bonds from Corp2. whos' bonds are paying more..in effect trying to get something for nothing, and it goes on and on. This is mindless and sooner or later hits a wall. OF course the Government will be blamed for the entire thing, but the goverment has had it's hands tied by coporate america, as well as the international corporations. They are the real government, and when it all collapes they are accountable to no one. When Capitalism gets to smart and cocky for it's pants, it falls to not remember history , is to repeat it. It was the failure of coperate dept..that really triggered, every depression and major recession we have had. Any corperation that issues bonds should be prevented from buying bonds..but they won't let that law be passed, and they are the ones who tell us what laws we can or can not have, via a lobby that dances only to the almighty dollar. Jim