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  • From: EarthNSky <erthnsky AT bellsouth.net>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Worse than the Great Depression
  • Date: Wed, 12 Nov 2008 23:28:19 -0500

Yeah, I read today that we are about to lose AAA. We simply owe too much.
The Atlanta news station I watch had an expose about foreign aid
tonight. Would you believe with all the money we owe to China, that we
still provide them with millions of dollars of various aid?
We are also providing aid to Pakistani tribes, the same tribes that are
loyal to and which are probably hiding Bin Laden.
I do hope Obama goes through this stuff line by line. My fear though,
and this comes from what I read about his views on Africa, is that
instead of saving the money we send to China and other places, that he
will simply redirect it to African countries.
Speaking of that, no one on this list ever addressed my Africa post. Why?

Don Bowen wrote:
http://www.reuters.com/article/Finance08/idUSTRE4AB7HT20081112



"Before I go to sleep at night, I wonder if tomorrow is the day
Moody's and S&P will announce a downgrade of U.S. government bonds,"
he said. "Eventually U.S. government bonds would no longer be the
triple-A credit that they've always been."



Don Bowen KI6DIU

http://www.braingarage.com/Dons/Travels/journal/Journal.html



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