And if your friend thinks things are bad and getting worse, just wait until inflation hits as a result of all that capital tied up in national debt service.
Half of one trillion dollars in one year... Who do you think is going to pay the highest percentage of that debt? The upper crust or the middle class? And who do you think is going to be most critically hurt by the reduction of individual discretionary spending as a result of inflation and the incumbent belt tightening effected to accomodate loss of individual and national money supply? The upper crust or lower and middle incomes? The only thing that Bush and his ilk understand about the cost of money is what it costs their cronies when it's allocated across the marketplace rather than centralized in a few pockets. All this amounts to nothing more than theft, not even cleverly disguised under the wisp of what remains of the thin veil of democracy. I strongly urge everyone in the US to reel in their discretionary spending and prepare for a hard economic crunch. There is no way to buy ourselves out of this one. And to think....all it took was the village idiot, his caste and crew in the White House to finish off what a few hijackers started. "Contract on America" is working better than planned. Hundreds of millions are going to be hurt this go around, not just in one country. Todd Swearingen ----- Original Message ----- From: "murdoch" <[EMAIL PROTECTED]> To: <biofuel@yahoogroups.com> Sent: Tuesday, September 09, 2003 10:08 AM Subject: Re: [biofuel] GWB Polls Antipathize* > > Bush Job > > Performance Positive % Negative % > > Sep 2003 45 54 > > Aug 2003 54 48 > > Jul 2003 53 46 > > Mar 2003 54 45 > > Sep 2002 64 36 > > Sep 2001 82 17 > > Aug 2001 50 49 > > Jan 2001 42 36 > > I wonder if this table of decline is what will happen to home values, > once interest rates have a few more months to hang out and go higher, > as the government puts pressure on the debt markets to finance its > activities rather than homebuilding and other "less important" > activities. > > After the 2002 November elections, in which the Republicans got a > bigger majority, a co-worker remarked matter-of-factly that he had > some things to care in the coming weeks before the Republicans > destroyed the country. His voice sounded so resigned and > matter-of-fact that I haven't forgotten it. > > I'm neither Dem nor Repub, but whatever. I don't think President > Bush's performance has been that good. I tend to focus on the fiscal > side, to some extent, and on that score he's been a failure since the > day he instituted tax cuts and unasked for checks. > > There were many things wrong with President Clinton's Presidency, but > disrespect for the Debt and disrespect for the minds of the populace > in carnival-barking the joys of deficit spending "stimulus" were not > part of what was wrong. They are a part of what is wrong with > President Bush's Presidency, in my view. > > > Biofuel at Journey to Forever: > http://journeytoforever.org/biofuel.html > > Biofuels list archives: > http://archive.nnytech.net/ > > Please do NOT send Unsubscribe messages to the list address. > To unsubscribe, send an email to: > [EMAIL PROTECTED] > > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ > > > ------------------------ Yahoo! Groups Sponsor ---------------------~--> Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark Printer at Myinks.com. Free s/h on orders $50 or more to the US & Canada. http://www.c1tracking.com/l.asp?cid=5511 http://us.click.yahoo.com/l.m7sD/LIdGAA/qnsNAA/FGYolB/TM ---------------------------------------------------------------------~-> Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
