Terrorists on ROFF?
 

Terrorists on ROFF?
 

Jon Cook writes:

I'd love to see every father and grandfather look into the eyes
of their kids and say "I'm passing on the bills for my lifestyle
onto you". Cause that's what we're doing.

I did that years ago. But, they will also be taken care of. My mother lived
to be 89 and drew SS for 25 years or so. She got back in five months all that
she and my father had paid. Was that fair or selfish? In my lifetime every
generation as done better than the one that came before it.

When I was 50, I made more in a week than my father made in two months at the
same age. My children at age 36 and 41 make more money than I did at that age,
and live in better homes and have a better life style.

I don't see any change in the status quo.

Terrorists on ROFF?
 

Jon Cook writes:

I'd love to see every father and grandfather look into the eyes
of their kids and say "I'm passing on the bills for my lifestyle
onto you". Cause that's what we're doing.

I did that years ago. But, they will also be taken care of. My mother lived
to be 89 and drew SS for 25 years or so. She got back in five months all that
she and my father had paid. Was that fair or selfish? In my lifetime every
generation as done better than the one that came before it.

When I was 50, I made more in a week than my father made in two months at the
same age. My children at age 36 and 41 make more money than I did at that age,
and live in better homes and have a better life style.

I don't see any change in the status quo.

Terrorists on ROFF?
 

"Jonathan Cook" wrote in message
...
Willi & Sue wrote:
wrote:

economies are cyclical, and so, the troughs don't worry me and the
crests don't make me spend-crazy.

The problem is, deficit spending is no longer just a trough, it
is the norm, for what, 40 years now? (Apart from the couple of
years of accidental windfall from the dot-com ponzi scheme).

I remember the news announcing that, during Reagan's tenure, the US went
from the largest creditor nation to the largest debtor one. Of course,
that's one of those first-derivative things: even though we were a creditor
nation we might have been carrying a large debt. But once we started
borrowing more than we were lending, we really started loading up on our
debt.


The budget deficit does bother me.

Me too. But what's worse to me is that everyone talks about the
deficit, but you hardly ever hear anyone talking about the DEBT,
the total accumulation of all the deficits.

http://www.uwsa.com/uwsa-usdebt.html says it is $25K per citizen,
and that is HUGE. The numbers behind Willi's complaint about the
interest are big, too. More than $1000 per year per citizen just
to pay the interest.

Yowza. On the other hand, I have heard it put that the guy with the most
toys probably carries the most debt. Guys like me who don't buy anything
until I have the cash (except my house) tend to have a lot crappier things
than the guy who carries millions in debt. And those guys have no plans
whatsoever to completely pay off their houses, cars and boats.

I know that there are responsible ways to carry debt, and there are foolish
ways to do it. I'm not as concerned about the debt per se as I am about how
responsible we may or may not be in how we are carrying it. If the debt is
to the American public, as I have heard claimed, then some people who have
loaned money to the government are gonna get stiffed some day. On the other
hand, if the debt is to the Fed or some other entity that won't just let it
go, then the Government is going to have to cut back on programs, lots of
them, and sell off public lands in order to make some payments. Thats bad
enough, but what a sin if those are just to cover interest payments!

--riverman

Terrorists on ROFF?
 

"Jonathan Cook" wrote in message
...
Willi & Sue wrote:
wrote:

economies are cyclical, and so, the troughs don't worry me and the
crests don't make me spend-crazy.

The problem is, deficit spending is no longer just a trough, it
is the norm, for what, 40 years now? (Apart from the couple of
years of accidental windfall from the dot-com ponzi scheme).

I remember the news announcing that, during Reagan's tenure, the US went
from the largest creditor nation to the largest debtor one. Of course,
that's one of those first-derivative things: even though we were a creditor
nation we might have been carrying a large debt. But once we started
borrowing more than we were lending, we really started loading up on our
debt.


The budget deficit does bother me.

Me too. But what's worse to me is that everyone talks about the
deficit, but you hardly ever hear anyone talking about the DEBT,
the total accumulation of all the deficits.

http://www.uwsa.com/uwsa-usdebt.html says it is $25K per citizen,
and that is HUGE. The numbers behind Willi's complaint about the
interest are big, too. More than $1000 per year per citizen just
to pay the interest.

Yowza. On the other hand, I have heard it put that the guy with the most
toys probably carries the most debt. Guys like me who don't buy anything
until I have the cash (except my house) tend to have a lot crappier things
than the guy who carries millions in debt. And those guys have no plans
whatsoever to completely pay off their houses, cars and boats.

I know that there are responsible ways to carry debt, and there are foolish
ways to do it. I'm not as concerned about the debt per se as I am about how
responsible we may or may not be in how we are carrying it. If the debt is
to the American public, as I have heard claimed, then some people who have
loaned money to the government are gonna get stiffed some day. On the other
hand, if the debt is to the Fed or some other entity that won't just let it
go, then the Government is going to have to cut back on programs, lots of
them, and sell off public lands in order to make some payments. Thats bad
enough, but what a sin if those are just to cover interest payments!

--riverman

Terrorists on ROFF?
 

Well I have been posting a few Salmon and Steelhead items and I am from
Terrace B C. Canada Does that make me a Terracists, or a Terracite. A few
suspicous looking fellows were seen down by the river the other day Osama
Bin Fishin and Osama Bin Drinkin but they were harmless. Tuff times for
everyone in the USA. Good luck with your elections, let's hope they at
least count every ballot this time.

peace gord p

Terrorists on ROFF?
 

Well I have been posting a few Salmon and Steelhead items and I am from
Terrace B C. Canada Does that make me a Terracists, or a Terracite. A few
suspicous looking fellows were seen down by the river the other day Osama
Bin Fishin and Osama Bin Drinkin but they were harmless. Tuff times for
everyone in the USA. Good luck with your elections, let's hope they at
least count every ballot this time.

peace gord p

Terrorists on ROFF?
 

"Lazarus Cooke" wrote in message
om...
SNIP
If the french HAD killed 10,000 people from Des Moines, but the French
people hadn't bothered to find out the most basic facts, would that
not disturb you a bit?

Lazarus

--
Remover the rock from the email address

Basic facts merely serve to cloud clear political issues.

TL
MC

Terrorists on ROFF?
 

"Lazarus Cooke" wrote in message
om...
SNIP
If the french HAD killed 10,000 people from Des Moines, but the French
people hadn't bothered to find out the most basic facts, would that
not disturb you a bit?

Lazarus

--
Remover the rock from the email address

Basic facts merely serve to cloud clear political issues.

TL
MC

Terrorists on ROFF?
 

On 18 Oct 2004 15:16:30 GMT, (Jonathan Cook) wrote:

Willi & Sue wrote:
wrote:

economies are cyclical, and so, the troughs don't worry me and the
crests don't make me spend-crazy.

The problem is, deficit spending is no longer just a trough, it
is the norm, for what, 40 years now? (Apart from the couple of
years of accidental windfall from the dot-com ponzi scheme).

The budget deficit does bother me.

Me too. But what's worse to me is that everyone talks about the
deficit, but you hardly ever hear anyone talking about the DEBT,
the total accumulation of all the deficits.

http://www.uwsa.com/uwsa-usdebt.html says it is $25K per citizen,
and that is HUGE. The numbers behind Willi's complaint about the
interest are big, too. More than $1000 per year per citizen just
to pay the interest.

I'd love to see every father and grandfather look into the eyes
of their kids and say "I'm passing on the bills for my lifestyle
onto you". Cause that's what we're doing.

Jon.

"What do you mean "we", white man?"

/daytripper (that's *your* team, not mine...)