--- Marlon Menezes <[EMAIL PROTECTED]> wrote: > Personally, I dont give a hoot that people in Iraq > may have been suffering under Saddam's rule, just I > do not really care about the the genocide in Sudan > or the fact that women are being raped over there. > This is specially true when it comes to the bankrupt > government spending my tax money on this. > Mario opines: I'm sorry to hear that it's all about you, Marlon. What's the old adage, "All it takes for evil to succeed is for good people to do nothing."
BTW, where did you get the idea that the US government is bankrupt? Debt, even huge debt, does not equal bankruptcy, without considering assets. Click on the following links to see a reasoned analysis on the subject: http://www.foreignaffairs.org/20050301facomment84201/david-h-levey-stuart-s-brown/the-overstretch-myth.html Summary of the article above: The United States' current account deficit and foreign debt are not dire threats to its global position, as would-be Cassandras warn. U.S. power is firmly grounded on economic superiority and financial stability that will not end soon. http://www.house.gov/budget/msrslide4bgt071703.pdf Comments on the chart above: The US deficit as a percentage of GDP is lower than it was during the Reagan years, when government revenues doubled during his administration, inflation dropped from the mid-teens to the mid-single digits and interest rate dropped from the 20% range to the 8% range. Mario continues: In my never-humble opinion, worrying about the US deficit without considering the fundamental strength of the US economic system relative the the rest of the world, is like worrying that Donald Trump is in financial jeopardy because he had to restructure some of his liabilities recently. The reason we are not in dire straits, Marlon, in my opinion, is that foreign investors see few safe alternatives to invest their surplus funds than right here in the good ole USA. The USA has from day one benefitted from other people's brains and other people's money, and I don't see that changing any time soon.
