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rok_the-boat
Joined: 24 Jan 2004
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 Posted: Tue Nov 01, 2005 10:51 pm Post subject: Bush's USD7 Billion Flu Plan |
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1 Get USD 7 billion from taxpayers
2 Spend 1 billion on a new bird radar system
3 Spend 1 billion on a bird machinegun defense system
4 Spend 1 billion on ammunition
5 Spend 1 billion on bird disposal
6 Spend 1 billion on machinegun training
7 Spend 1 billion on machinegun maintenance
8 Spend 1 billion on machinegun spares
9 Spend 1 billion on .. wait a minute ... how much is that?
10 Get some more money from taxpayers.
11 Spend 1 billion on ... |
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Hater Depot
Joined: 29 Mar 2005
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| Posted: Wed Nov 02, 2005 12:20 am Post subject: |
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| Actually it's going to be "borrow some more money from China and anyone else interested in owning America in 20 years". |
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rapier
Joined: 16 Feb 2003
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| Posted: Wed Nov 02, 2005 3:53 am Post subject: Re: Bush's USD7 Billion Flu Plan |
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| rok_the-boat wrote: |
1 Get USD 7 billion from taxpayers
2 Spend 1 billion on a new bird radar system
3 Spend 1 billion on a bird machinegun defense system
4 Spend 1 billion on ammunition
5 Spend 1 billion on bird disposal
6 Spend 1 billion on machinegun training
7 Spend 1 billion on machinegun maintenance
8 Spend 1 billion on machinegun spares
9 Spend 1 billion on .. wait a minute ... how much is that?
10 Get some more money from taxpayers.
11 Spend 1 billion on ... |
Of course a bird radar system and machine guns are unnecessary as wild birds do not spread the disease, domestic chickens do. And they can't fly.
Why not just ban the poultry and caged bird industry? At least for a while?
This is where the disease contacts people.
they prohibited alcahol before in America. Why not just do the same for Chicken, duck, and turkey? |
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igotthisguitar
Joined: 08 Apr 2003
Location: South Korea (Permanent Vacation)
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| Posted: Wed Nov 02, 2005 4:34 am Post subject: |
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Rumsfeld's growing stake in Tamiflu
Defense Secretary, ex-chairman of flu treatment rights holder, sees portfolio value growing.
October 31, 2005: 10:55 AM EST
By Nelson D. Schwartz, Fortune senior writer
NEW YORK (Fortune) - The prospect of a bird flu outbreak may be panicking people around the globe, but it's proving to be very good news for Defense Secretary Donald Rumsfeld and other politically connected investors in Gilead Sciences, the California biotech company that owns the rights to Tamiflu, the influenza remedy that's now the most-sought after drug in the world.
Rumsfeld served as Gilead (Research)'s chairman from 1997 until he joined the Bush administration in 2001, and he still holds a Gilead stake valued at between $5 million and $25 million, according to federal financial disclosures filed by Rumsfeld.
http://money.cnn.com/2005/10/31/news/newsmakers/fortune_rumsfeld/ |
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Bulsajo
Joined: 16 Jan 2003
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| Posted: Wed Nov 02, 2005 1:12 pm Post subject: |
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| 6 degrees of separation: Kevin Bacon dated the chicken that Donald Rumsfeld's son... |
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igotthisguitar
Joined: 08 Apr 2003
Location: South Korea (Permanent Vacation)
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| Posted: Wed Nov 02, 2005 8:35 pm Post subject: |
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| Bulsajo wrote: |
| 6 degrees of separation: Kevin Bacon dated the chicken that Donald Rumsfeld's son... |
While you're at it don't forget "Sympathy for the Devil" ...  |
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wannago
Joined: 16 Apr 2004
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| Posted: Wed Nov 02, 2005 11:55 pm Post subject: |
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| Hater Depot wrote: |
| Actually it's going to be "borrow some more money from China and anyone else interested in owning America in 20 years". |
Riiiight. That's what they said about Japan owning the U.S. oh, about 20 years ago.
Who's next after the Chinese? The Canadians?
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Thu Nov 03, 2005 12:31 am Post subject: |
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| wannago wrote: |
| Hater Depot wrote: |
| Actually it's going to be "borrow some more money from China and anyone else interested in owning America in 20 years". |
Riiiight. That's what they said about Japan owning the U.S. oh, about 20 years ago.
Who's next after the Chinese? The Canadians?
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You are of course free to ignore the external debt of the US Treasuary at your peril but at some time the chickens will come home to roost.
With or without the flu bug. |
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Kuros
Joined: 27 Apr 2004
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| Posted: Thu Nov 03, 2005 1:23 am Post subject: |
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| Wangja wrote: |
| wannago wrote: |
| Hater Depot wrote: |
| Actually it's going to be "borrow some more money from China and anyone else interested in owning America in 20 years". |
Riiiight. That's what they said about Japan owning the U.S. oh, about 20 years ago.
Who's next after the Chinese? The Canadians?
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You are of course free to ignore the external debt of the US Treasuary at your peril but at some time the chickens will come home to roost.
With or without the flu bug. |
Erm, nobody will own the United States unless the US gets astronomically deep into debt. Here's why. The US has had dollar hegemony ever since they dumped the Bretton Woods system under Nixon. Since the central banks of the world base their currencies off primarily the dollar, if the United States Fed wants, it can merely inflate its currency so much by magically making money. It then uses that money to pay off its creditors. By doing so, the dollar does lose, but so does the rest of the world (through a weak dollar and the rest of the currency being hyper-inflated).
So really all this talk about the US being owned by another country is rather overboard, although I do agree that massive USG debt is no good for anyone. |
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rok_the-boat
Joined: 24 Jan 2004
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| Posted: Thu Nov 03, 2005 9:34 pm Post subject: |
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| Kuros wrote: |
Erm, nobody will own the United States unless the US gets astronomically deep into debt. Here's why. The US has had dollar hegemony ever since they dumped the Bretton Woods system under Nixon. Since the central banks of the world base their currencies off primarily the dollar, if the United States Fed wants, it can merely inflate its currency so much by magically making money. It then uses that money to pay off its creditors. By doing so, the dollar does lose, but so does the rest of the world (through a weak dollar and the rest of the currency being hyper-inflated).
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Note quite - countries can now choose other currencies - the Euro for example, could destroy a weak dollar and America in your scenario. |
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Hater Depot
Joined: 29 Mar 2005
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| Posted: Fri Nov 04, 2005 1:02 pm Post subject: |
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| Kuros, don't forget that any country which has ever taken that strategy has paid an enormous price. Germany in the 1920s comes first to mind. Trying to print your way out of debt causes economy-wrecking inflation and international investment to dry up. Without being an expert I would still say recent history suggests it is better to default, or at least threaten to default, on your debts. Our growing debt truly frightens me. |
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