Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (44510)	1/11/2004 8:17:59 AM
From: smolejv@gmx.net	Read Replies (1) of 74559

... and heeeere's Bill Bonner: .... "Soak the Stupid!" "We propose the slogan to the Republican party...for they seem bent on an original method of government finance. They cut taxes...but increase expenses. Who then will pay for their programs of guns and drugs? Rather than soaking the rich or wringing out the poor, the Republicans want to hose anyone dumb enough to lend money to the Bush Administration at Eisenhower-era rates. They borrow...and then degrade the currency in which the debt is calibrated." dailyreckoning.com I have the Stones playing in my head: "... But what can a poor boy do Except to buy some dollar puts ...

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