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echo: barktopus
to: Adam
from: George Sherwood
date: 2006-10-30 19:12:30
subject: Re: Dollar losing influence

From: "George Sherwood" 

On Mon, 30 Oct 2006 10:36:52 +0000, Adam wrote:

> John Stoff wrote:
>> Phil Payne typed:
>>
>>>> So, you're saying the Buddha was a currency expert? 
>>> He was a very rich man indeed - or could have been if he'd wanted to
>>> be. Much the opposite of yourself:
>>>
>>> http://apnews.myway.com/article/20061028/D8L1OC5G0.html
>>>
>>> "Their basic message is this: If the United States
government conducts
>>> business as usual over the next few decades, a national debt that is
>>> already $8.5 trillion could reach $46 trillion or more, adjusted for
>>> inflation. That's almost as much as the total net worth of every
>>> person in America - Bill Gates, Warren Buffett and those Google guys
>>> included.
>>>
>>> A hole that big could paralyze the U.S. economy; according to some
>>> projections, just the interest payments on a debt that big would be
>>> as much as all the taxes the government collects today."
>>>
>>> One very simple fact is that America cannot afford its military.  You
>>> can forget Mars, as well.
>>
>> of course the "social programs" of the USA don't amount
any near to the
>> cost of the Military.
>>
>>
>
> The military is a social program writ large esp now they've dropped
> their entry criteria.
>
> Want free health care...? Join the mil.
> Dead end life in a ghetto....? Join the mil.
>
> etc.


You have evidence of this?  Report came out today that all the services are
maintaining above their goal of 90% High School Graduates, but the Army
which has always had a hard time and made about 85%.

Or just another lets throw it out there..sounds good.

George

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