Date: Thu, 16 Oct 2008 06:39:48 -0700 (PDT)
From: Mervyn Lobo <[EMAIL PROTECTED]>
>
Mario,
Bush is my hero.
He debauched the US currency, the US economy and the US military.
>
Mario responds:
>
It is pretty obvious that Mervyn has decided to make it a habit to deliberately
make false statements on Goanet about the US financial system - not
controversial or debatable comments but simply factually false comments - which
raise questions about his self-proclaimed desire to be a financial adviser to
all of Goanet.
>
The US is not a dictatorship. The US President cannot either debauch the
currency or the economy without the approval of the US Congress. Mervyn seems
completely ignorant about the US system of government.
>
Under President Bush the US experienced seven years of economic growth, the
same number of years of growth as were experienced under President Clinton.
>
The US military is now the strongest in the world and is in the process of
liberating 50 million Muslims in Afghanistan and Iraq and has underwritten the
defense of weak nations like Canada and Europe which spend a pittance of their
GDP on defense because of the US security umbrella.
>
Mervyn wrote:
>
Lets see, a so called national holiday where?only the?govt offices and the
banks are closed. The rest?go to work. Sounds like a good idea. It especially
sounds like a good idea when the govt has no money to?pay its employees and the
banks have no money to pay?their depositors.
>
Mario responds:
>
More false statements. Mervyn had previously said that the banks in California
were closed on October 13 because they had run out of money. He was apparently
ignorant of the fact that it was Columbus Day, a national bank holiday, not
just in California. Would a real financial professional not know this?
>
In the US private companies have the option of working on national holidays,
which Mervyn obviously does not know.
>
