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Politics : Stockman Scott's Political Debate Porch
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To: stockman_scott who wrote (9651)11/21/2002 9:47:28 AM
From: Jim Willie CB  Read Replies (6) of 89467
 
Political Correctness applied to World of Finance?
here is a guidebook for redefinition within indoctrination
we MUST accommodate the CREDIT-DEBT SYSTEM
where 76% of all GDP activity is debt service
where household debt is 107% of income
where consumer debt is still outpacing personal income
where cars are being sold with 0% financing

redefine a bad thing and call it good
for instance.....

legal tender, now called money
credit, now called wealth
monetary inflation, now called liquidity
... (CPI is really COLA index)
foreign dependence, now called recycled trade imbalance
gold reserve, now shifted to dollar reserve (impostor)
... (coocoo bird in nest)
unemployment, now called productivity
stock risk, now called savings
mortgage risk, now called hard asset in Real Estate
accounting fraud, now called financial engineering
Herbert Hoover, now with a makeover in Alan Greenspam

DID I MISS ANYTHING???

/ jim
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