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  #1  
Old 09-08-2008, 10:35 PM
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SCUDSBROTHER SCUDSBROTHER is offline
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Quote:
Originally Posted by Cannon Shell
Do you ever try to understand the real world? American companies employ American workers who spend American dollars on American goods which makes for more tax revenues for the American govt to spend.

Borrowed money to finance the Iraq War has cut our productive investment. Since taxes have been cut and other spending has increased since the beginning of the Iraq war, the war has been funded using borrowed money. A lot of Iraq-related costs have been borrowed from foreigners. The interest payments on this debt constitute a flow of funds from Americans to those foreigners who have bought our debt. You're gunna mainly see the very rich traveling abroad. That's because our money is worth so little in other countries.
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  #2  
Old 09-08-2008, 10:45 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by SCUDSBROTHER
Borrowed money to finance the Iraq War has cut our productive investment. Since taxes have been cut and other spending has increased since the beginning of the Iraq war, the war has been funded using borrowed money. A lot of Iraq-related costs have been borrowed from foreigners. The interest payments on this debt constitute a flow of funds from Americans to those foreigners who have bought our debt. You're gunna mainly see the very rich traveling abroad. That's because our money is worth so little in other countries.
Our money is worth a lot more than it was a few weeks ago
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  #3  
Old 09-08-2008, 10:51 PM
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dalakhani dalakhani is offline
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Quote:
Originally Posted by Cannon Shell
Our money is worth a lot more than it was a few weeks ago
Thats not America's doing. Our monetary policy has done nothing but weaken the dollar.

Remember, the recent resurgence of the dollar has come primarily against European currencies and thats simply because it is becoming apparent that the European Central bank is going to have to do something soon.
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  #4  
Old 09-08-2008, 10:58 PM
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SCUDSBROTHER SCUDSBROTHER is offline
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Quote:
Originally Posted by Cannon Shell
Our money is worth a lot more than it was a few weeks ago
71% of a Euro

57% of a Pound

I ain't planning a trip just yet, but it's a welcomed improvement.
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  #5  
Old 09-08-2008, 11:01 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by SCUDSBROTHER
71% of a Euro

57% of a Pound

I ain't planning a trip just yet, but it's a welcomed improvement.
The British economy is about to get worse than ours. They have their own housing crisis too.
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  #6  
Old 09-08-2008, 11:03 PM
pgardn
 
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Major short point:

The major redistribution of wealth by a government
is the precursor to failure. Dont work.
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  #7  
Old 09-08-2008, 11:35 PM
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SCUDSBROTHER SCUDSBROTHER is offline
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Quote:
Originally Posted by pgardn
Major short point:

The major redistribution of wealth by a government
is the precursor to failure. Dont work.
We've never had this major redistribution of wealth. Cuba did. These countries people call Socialist(Scandinavia and the other Euros with national healthcare) are doing fine. They aren't failing. That's because they did not have any major redistribution of wealth. Oprah making 2.5 billion( instead of 3 billion) is not a major redistribution of wealth. Your claim is probably true, but you're too quick to call something a major redistribution of wealth.
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Old 09-08-2008, 11:55 PM
pgardn
 
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Quote:
Originally Posted by SCUDSBROTHER
We've never had this major redistribution of wealth. Cuba did. These countries people call Socialist(Scandinavia and the other Euros with national healthcare) are doing fine. They aren't failing. That's because they did not have any major redistribution of wealth. Oprah making 2.5 billion( instead of 3 billion) is not a major redistribution of wealth. Your claim is probably true, but you're too quick to call something a major redistribution of wealth.
As much as I would like to have a stronger middle class.
You cant make it happen through government.
That is really the point.

Scandanavia is probably a very bad example being so homogenous...
as is Japan.
We have a very different dynamic here.
The mixing pot thing.

And health care is a horribly difficult problem.
If you got a plan, they need you in Washington now.
People are living too damn long. Major bucks spent
on older people instead of kids early on.
Major research on drugs to keep people alive longer,
but not necessarily help with the quality of life.
I plan to off myself before this happens.
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