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 : New US Economy Policy -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (135)	4/1/1998 5:07:00 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 435

Why the new economy can help Federal reserve to buy back the treasury instruments and save this country from bondage? If interest rate is 6.5%, 30 year bonds will payout 3 times the face value. Current US debt or issued bonds are in the order of $3.7 trillion. 30 years from now, the payout will be $11.1 trillion. All our children will be in bondage, because our government budget is only $1.7 trillion. Federal reserve has the responsibility to provide liquidity by loaning to member banks 8.5 dollars per dollar of deposits. when the new economy hits $10 trillion, if liquidity is provided for $11 trillion; the surplus will inevitably buy the existing treasury instruments. When the banks payback the Federal reserve overnight discount loans; lo and behold, they are taking back treasury instruments. Thus further interests will not have to be paid out. It will take 3 to 4 years to buy back all the bonds issued out, as we further expand our economy at the current rate.

To: Arthur Tang who wrote (135)	4/9/1998 6:58:00 PM
From: Arthur Tang	Read Replies (1) \| Respond to of 435

The new economy and congress revisited? Zenith is going bankrupt. The premier TV manufacturing firm of the U.S.; got the HDTV specification approval but can not deliver the product. Why? The technology of digital TV can not overcome the ghost signals in the concrete jungle; ghost signals blank out frame after frame of digital pictures. Congress and FCC got hearings from digital enthusiasts, but never had any fall back positions. Now, the industry here and abroad have prepared not to produce analog TVs; yet have no HDTVs or DTVs to build. No broadcast signals to use for the HDTV or DTV either. No silicon chip sets developed for HDTV or DTV yet. After 10 years, it is still a few years away. Fortunately, beyond digital signals, waiting in the wing is mixed signal technology. FCC has to rethink the HDTV or DTV architecture. Broadcast signals has to be infinitely variable analog voltages but as digital compression codes. Subsequently, the analog signal will be deciphered and error corrected by digital processing. The compression codes will provide higher band width for the error correction time needed by high speed processors; there will be no blank frames of pictures on TV. Present schemes have no way to correct for digital signal errors, before the picture is viewed; hence a blank. Many laws, that congress in a rush to write laws; have no understanding of technical feasibility or the side effects of social changes. In the case of TV industry, Congress and FCC killed it by writing a law without understanding the digital short comings. In the case of tobacco and liquor, social changes in denying the acceptable behavior have prevented smokers to join people in closed quarters, and drinkers to leave parties drunk. Liquor stores have been closing around towns. And tobacco sales have been mostly exports to China, since the Bush administration.