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.

Pastimes : Kosovo -- Ignore unavailable to you. Want to Upgrade?

To: D. Long who wrote (3902)	4/16/1999 10:42:00 AM
From: John Lacelle	Read Replies (1) \| Respond to of 17770

Long, Here is a short list of your mistakes: 1) The United States Federal Government is not flush with cash. It is broke. It takes in less money than it spends. It owes mutual funds, bond holders, and Japanese investors almost 6 trillion dollars, or about $20,000 dollars for every American man, woman, and child. 2) The best measure of a nations wealth is its Gross Domestic Product or GDP, as most economists like to call it. In the latest study, the United States ranked 31st out of 169 nations. Some nations such as Norway for example, actually have a GDP about 30% higher than the United States. 3) Other measures of a Nations Wealth that are often used are literacy, infant mortality, military strength, and access to clean water. Of these, we are about average for industrial nations in Europe and Asia for #1, and #4. However, we rank near the bottom with infant mortality. The only thing we hold a supreme advantage over all other industrial nations is our military power. With that, there simply is no second in our ability to wage war on any part of this earth. I suppose that might just be why the President of the United States now prefers to simply bomb people as opposed to negotiate with them, after all, with that measure of strength, that is our ace in the hole, so to speak. -John