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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: patron_anejo_por_favor who wrote (2864)7/1/2003 2:20:40 AM
From: S. maltophilia  Read Replies (1) of 4909
 
First they have to realize that Uncle Al and the Fed have successfully taxed the elderly (who vote) to pay for the spending frenzy that's keeping the economy out of depression (for now) for the benefit of all the debtors who mostly don't vote. An amazing political feat.
As far as I can see, there's little difference between making $1 million in a money market fund generate less than the income of a social security check and taxing savings down to a negative return. If the grannies (98% of whom have considerably less than $1 mil) haven't figured it out yet I wonder if they ever will.
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