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U.S. Trade Deficit Falls As Dollar Weakens
Newsmax ^ | Friday, November 9, 2007 11:10 AM

Posted on 11/11/2007 3:48:54 AM PST by MNJohnnie

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To: ovrtaxt

Fair tax would be fine as long as Prebate check is replaced by a debit card that will pay the consumption tax as the transactions’ actually occur.


21 posted on 11/11/2007 4:53:58 AM PST by Son House ($$Proud Member of Vast Right Wing, Out To Lower Your Tax Rates For More Opportunities.$$)
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To: JerseyHighlander

Time it will take for their standards of living to rise to a level near ours.


22 posted on 11/11/2007 4:55:54 AM PST by Son House ($$Proud Member of Vast Right Wing, Out To Lower Your Tax Rates For More Opportunities.$$)
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To: Son House

We’re tired of your BS. If you can’t answer the next proposition then you are acting fraudulently.

I give you X and you give me Y.

That’s truly what economy is based on. Anything else is lies.


23 posted on 11/11/2007 4:59:19 AM PST by djf (Send Fred some bread! Not a whole loaf, a slice or two will do!)
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To: djf
America needs production. America needs education. America needs agriculture. America needs ideas about how to keep the world going and even prosper while resources dwindle.

We could manufacture one way rockets to planet Kucinich where the libs can enjoy their Utopia floating aimlessly in space.

24 posted on 11/11/2007 5:08:10 AM PST by Archon of the East (Universal Executive Power of the Law of Nature)
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To: djf

I spent 3 ½ years at Beale AFB in the 349th AREFS refueling the SR-71. A very impressive airplane in-flight that leaked approximately 1,000 lbs of fuel an hour on the ground. They built it without fuel bladders, but at cruising altitude and speed it sealed right up. You could always tell when the aircraft was about topped off, because it would sweat fuel down the fuselage.


25 posted on 11/11/2007 5:14:52 AM PST by KC-10A BOOMER (Too Close for Missiles Switching to Guns!!!!)
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To: MNJohnnie
...what passes for "Journalism" these day's hypes the bad and downplays or ignores, the good...

That was my impression too, but when I saw how many freepers on this very thread are buying what the news liars are selling, I decided it must be market forces at work.  

Reality is we got all time high production, exports, wealth, income, employment, and most of the posts here follow a "America is hopeless" spin --and this is a conservative forum, imagine the rants at the openly lib blogs!   This is still good though.  The fact that the world has more compainers than doers is not new; we can deal with it.  You and I are doers and we post good news, understand it and profit from it.  We also need to hear from the complainers --not that they make any sense, but they do make up a pretty good chunk of the human race and we need to know they're there.

26 posted on 11/11/2007 5:18:43 AM PST by expat_panama
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To: KC-10A BOOMER

A few years back I met the Air Force officer who oversaw the SR71’s decommissioning. He had lots of great photos and memorabilia. He was sad to see it go, everyone loved that airplane.


27 posted on 11/11/2007 5:19:58 AM PST by ovrtaxt (You're a destiny that God wrapped a body around.)
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To: KC-10A BOOMER

Exactly. Didn’t seal til it was hot. My brother worked electronics and tracking. Another friend of mine worked restricted duty I think in Taiwan.

Whatever we had (and still do), and the physics behind it, are outmoded as far as the general public are concerned.


28 posted on 11/11/2007 5:23:01 AM PST by djf (Send Fred some bread! Not a whole loaf, a slice or two will do!)
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To: ovrtaxt

“....but they won’t risk...”

Howsa ‘bout WE THE PEOPLE continue to LET them use the income tax.....


29 posted on 11/11/2007 5:24:20 AM PST by mo
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To: JerseyHighlander
The best indicators I am getting on residential real estate is that it won't begin to recover until mid to late 2008.

I'm in the banking business and the next two years are going to be all hell.

30 posted on 11/11/2007 5:25:41 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: djf
America needs production. America needs education. America needs agriculture. America needs ideas about how to keep the world going and even prosper while resources dwindle.

We manufacture more goods today than ever before. Unfortunately for the unions, you can't measure production by the number of union worker jobs. Technology has reduced the labor hour input necessary for the same output of yesteryear.

As far as education, thats the biggest scam going these days. Everyone about to graduate high school is told they need to go to college. Then these college graduates' careers have nothing to do with what they eventually do for a living.

Plumbers, electricians, wood workers, machinists, and others who are the heart and soul of society do not need to go to college. But if everybody signs up, the demand created is so high, that colleges can charge what they want - $50k a year is a friggin joke. It wasn't like that 40-50 years ago when college was essentially for people wanting to be a "professional" (Doctor, lawyer, engineer). But hey, lets make sure that college professor doesn't have to teach more than 2 classes a semester. Wouldn't want to voer burder the $100k+/yr professor.

31 posted on 11/11/2007 5:32:06 AM PST by Go Gordon (The short fortune teller who escaped from prison was a small medium at large.)
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To: pieceofthepuzzle

Most of us don’t automatically buy the best. We buy the best we can afford or feel comfortable buying.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

True, I recall something I heard some time ago, “the perfect is the enemy of the good”. Sometimes the very best product is actually too good, it won’t be used enough or long enough to justify the cost. On the other hand, sometimes the most expensive is not the very best anyway, sometimes it is just the most expensive.


32 posted on 11/11/2007 5:37:06 AM PST by RipSawyer
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To: Go Gordon

Don’t even dare to blame it on the number of union workers.

Don’t doctors and lawyers make alot more?

That’s where the cost is.
I’m sorry, but somebody with 6 kids shouldn’t expect health care cheaper than me.


33 posted on 11/11/2007 6:02:05 AM PST by djf (Send Fred some bread! Not a whole loaf, a slice or two will do!)
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To: djf

BUMP!


34 posted on 11/11/2007 6:08:17 AM PST by ears_to_hear (1Cr 2:14 But the natural man receiveth not the things of the Spirit of God:......)
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To: djf
Don’t even dare to blame it on the number of union workers. Don’t doctors and lawyers make alot more? That’s where the cost is. I’m sorry, but somebody with 6 kids shouldn’t expect health care cheaper than me.

You misunderstood my post. I was slamming the education at all cost mentality, not union workers.

35 posted on 11/11/2007 6:20:08 AM PST by Go Gordon (The short fortune teller who escaped from prison was a small medium at large.)
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To: Go Gordon

Think about what I said though, Somebody with 4-6nkids might easily but unknowingnly think they deserve free health care.

Which could easily amount to a million dollars or more, more than I will ever earn.

We need to produce more than we consume, it’s that simple.


36 posted on 11/11/2007 6:53:28 AM PST by djf (Send Fred some bread! Not a whole loaf, a slice or two will do!)
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To: Jimmy Valentine

From what I heard, the real credit crunch (on residential) won’t ease up until early 2010, but there are so many unpredictable problems here, specifically the economic interventionist tendencies of both Republican and Democrat politicians. They are going to “do something”, and make things worse, for we are doomed to repeat the failed policies of the Wilson administration it seems.


37 posted on 11/11/2007 7:19:49 AM PST by JerseyHighlander
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To: Go Gordon
"Plumbers, electricians, wood workers, machinists, and others who are the heart and soul of society do not need to go to college."

You could also throw IT people onto that list. I went to college 'for' IT, and learned absolutely nothing that prepared me for the 'real world' in IT. In my experience I've found that the more college education someone has in IT, the less they know. lol

38 posted on 11/11/2007 7:44:49 AM PST by KoRn
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To: JerseyHighlander
Regretfully too true.

Congress has an almost limitless capacity to make everything worse.

39 posted on 11/11/2007 8:36:04 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Jimmy Valentine

The flip side of increasing exports is that the dollar has been falling for a couple of years. I have to wonder how much longer will foreign investors will allow us to export our inflation.


40 posted on 11/11/2007 1:50:18 PM PST by Jacquerie (Give unto Caesar when you wish - Support the Fair Tax.)
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