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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: GraceZ who wrote (42929)	12/10/2003 8:19:43 PM
From: Raymond Duray	Read Replies (4) of 74559

Huh? You pretzel logic is leaving me to scratch my head in wonder. First of all, I never said a thing about class envy. That is entirely your fabricated and illusory concoction based, I dread, upon entirely too much brainwashing for poor lil' ol Grace at the logic laundry of the Faux News Network and hate radio. The issue isn't one of envy. The issue is the practical one that there never has been a productive middle class country run on the basis of aristocracies passing on enormous inherited wealth. The eventual result of this in every instance has been the permanent imposition of despotism on the populace by a tiny elite who just happened to be part of the lucky sperm club. The elimination of the estate tax skews the economic playing field to such an extent that the meritocracy of the U.S. with all of its real benefits of creating opportunity for a huge number of people will be lost. Don't take my word for it. And I doubt you would. Read Kevin Phillips' "Wealth and Democracy" amazon.com sfgate.com to discover the results in our nation's past when wealth has been allowed to accumulate in too few hands. The result is national economic stagnation, and declining living standards for the bulk of Americans. **** Re: The real question is, does the government provide the same level of return on those assets that the private sector gets? You are blind to the truth. You are regurgitating the dominant lies of today. Too much brainwashing, Grace. Look, can you tell me of an instance where private initiative and private business has created an interstate highway system enjoyed by all? Or can you imagine the potholed airstrips that the U.S. air transport industry would be using were it not for public development of airports? Or what about the tremendous hydroelectric developments of the West, or the TVA system? Could any private group have accumulated enough capital to buid them? Of course not. Private industry is only one component of the mixed economy that has made America great. The current fad to diss government is a pathetic and pathological deviation from reality that I hope we are all soon able to put behind us as a mere ideological nightmare confection created by Ron Reagan and a bunch of other actors and posers. ******** Re: why is it that you envy their money? You grossly misunderstand what I believe in. I want all workers to get a fair return for their efforts in life. I want all families to enjoy a basic dignity. I want a safety net under those who, through no fault of their own, may fall on hard times. I want the rich to pay their fair share for the services that are rendered them. Today, we have a grossly unfair system in the U.S. that has skewed the government toward giving outrageous welfare to corporations, who return the favor by moving their operations and accumulated capital outside the U.S. America should be for Americans. Today, it is certainly appearing ever more that corporations have stolen the Federal Government and are using it to destroy the middle class in our nation. What I do not have is envy. What I have is anger that our way of life is being stolen from us in a most underhanded and egregiously unfair manner.

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