Being in a situation where you cannot pay off all of your debt is the same as being broke in my book.
I beleive that thinking otherwise is what puts so many people in financial straits. -- ME2 On Fri, Oct 31, 2008 at 12:05 PM, Chinnery, Paul <[EMAIL PROTECTED]> wrote: > We're not broke. $14 trillion GDP. I don't like the size of the nat'l > debt either but it's a bit of a stretch to say we're broke. > I'm not too worried about China dumping dollars as it would inflict a > massive hit to their nat'l economy which could lead to political trouble > on a large scale. > What I do worry is the diplomatic pressure they could put on the > administration beause of holding a large share of Treasury bonds. > > > Paul Chinnery > Network Administrator > Memorial Medical Center > 231-845-2319 > > -----Original Message----- > From: Micheal Espinola Jr [mailto:[EMAIL PROTECTED] > Sent: Friday, October 31, 2008 6:23 AM > To: NT System Admin Issues > Subject: Re: So... how is the recession affecting your buying decisions? > > We are a broke nation. We need a tax increase - like it or not. Maybe > they can be lowered again if/when we have another surplus. But right now > there are nations (primarily China) who have the potential to > financially dismantle us. They promise not to, but they could. > > Talking actual "cuts" in taxes is ludicrous. > > -- > ME2 > > > > On Thu, Oct 30, 2008 at 10:08 PM, Benjamin Zachary - Lists > <[EMAIL PROTECTED]> wrote: >> Wait was the tax increase at 250,000 , 200,000 or 150,000 ?? it keeps >> changing. >> >> >> >> What they ARENT mentioning is EVERYONES taxes will go up because they >> aren't renewing the Bush Tax Cut in 2010. > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ > <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
