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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (1422)	3/6/2004 9:59:14 PM
From: Roebear	Read Replies (1) of 116555

Greider's opinion on Greenspan's duplicity with SS closely reflects some themes in the 2003 book "Perfectly Legal". I agree with both of these similar views. "Perfectly Legal" is mostly about tax fairness, how CEO's and the super rich are evading taxes and how the tax burden has been shifted to the middle class (which seems to be defined as <500,000 in this book). Didn't think I would agree with the book, but it has some very telling points and I have found it useful, I'm about 90% convinced the author has a handle on the situation. May have a political bias, which I am not fond of (any bias, that is). One interesting statistic in the book is that accounting for inflation, the average American wage has only seen wage increases on the average of a nickel an hour each year of the last 30 years, with only the first three years and the years 1997-2000 showing an actual increase. Pardon me if I am off a trifle on particulars, I left the book at the office, am relying on memory and at that am only half way through the book Perfectly Legal (and about a dozen others... I'm personally keeping Amazon afloat). amazon.com

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