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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (4257)1/19/1999 8:45:00 PM
From: SJS  Read Replies (1) | Respond to of 99985
 
You might get your wish, just keep watching the impeachment proceedings. However, as to the debt, that's history. I don't know how old you are, but it doesn't matter. Even if you're under 30, you'll Never see that debt pared down.

They will keep using some tax surpluses to rebate taxes which in turn, drives the market (which makes TONS of MONEY via cap gains taxes) and give it out to SS, and other gov benefits.

The debt growth will slow, and may stop, but it won't be paid down.

This should really be OT!!



To: Bonnie Bear who wrote (4257)1/19/1999 10:28:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 99985
 
Bonnie; It's the FED who runs up the debt the most, DADDY GreenSpam with his on going hand out to the bankers, pay it down how ? as fast
as you do the FED runs it up, they don't want it paid down don't
you know Spams buddies make money off that debt.
I say we can never pay it off, The S&L debacle was all swept
into it, with Regans blessings, ( enough to fund the actual
Government budget 3 time over ) it's not the Government Budget
so much that kills us, ( The Federal Reserve don't have a budget
that I know of and they are not accountable to any one either )
so no matter you pay it down , the Fed will find a way to push it
and test it's limit.
It's purpose is to keep the international investment bankers
in control of every thing and to keep the peons shacked to
ever increasing taxes. Generation after generation, and by no
accident either as it was well planed.

Message 7370558
Jim