"Doug Kanter" wrote in message
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"Dan J.S." wrote in message
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"Doug Kanter" wrote in message
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"Dan J.S." wrote in message
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"Doug Kanter" wrote in message
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"HarryKrause" wrote in message
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Just what rec.boats needs, another anti-intellectual idiot.

What do you expect when the Lord in Chief and his minions frown on
learning?


I got my MBA from Northwestern University, and the teachers there were
all hands on. Anyone that is educated and makes good money is either a
republican or a libertarian. The few that are democrats have another
agenda, like politics and power. You can bash Bush all the time, but in
the end it's all about paying less in taxes. Something the republicans
promise and deliver.

Have you ever dealt with the financials for a company that intentionally
lowers its income (perhaps by lowering prices due to competition), and
at the same time announces a new expenditure that it will only describe
as "a lot", and cannot give any estimate of when the expenditure will
cease? Instead, it says "We can always issue more bonds".

Would you buy stock in a company like that? Even better: Would you like
to be the spokesman at the shareholders meeting, shortly after these
financial antics were announced?


Sounds like the company wants to go bankrupt - and wants to give
preference to the bond holders by sucking out the cash. Keep in mind,
last 3 years of corporate corruptions have put in place rules that will
effectively protect shareholders from this.


You're right. The company wants to go bankrupt. Now: Why are you
comfortable with our government doing this? And, please don't say
"lowering taxes increases revenue at the other end", because there's no
linear connection between the two. Correlation, maybe, but you don't make
financial plans based on correlation, just as you don't invest money in
stocks if you must have the cash in a year without any risk.


I agree that we are spending too much. I honestly do. Is the war in Iraq
necessary, I don't know. Should we support the troops that are there, hell
yeah (so yes, i am basically contradicting my first sentence). However,
there are a few things in place that will pay down this debt. Keep in mind,
when we came out of WWII, it was the best decade the U.S. has seen. I do
not believe that the U.S. is anywhere close to bankruptcy, and I am hoping
that the administration will use the proceeds from oil sales in Iraq to pay
some of it down. We are also seeing things on the business side that are
moving. This year has been one of the best years for venture capital. More
people are starting their own business. Yes manufacturing is going over
seas, but more and more services industries are popping up. Things are going
well.