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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (10532)3/20/2004 6:17:07 PM
From: Raymond Duray  Read Replies (2) of 110194
 
Re: Now if you see something in what Greenspan has said that is inconsistant with the viewpoint I just laid out above, I sure would like to see it.

Consider the big picture. Greenspan just told us that he can't see Social Security being sustainable. That's a huge red flag. Compare that to the statement of the architect of Bush's domestic policies, Grover Norquist. Norquist is infamous for his comment about "taking the federal government into the bathroom and drowning it in the tub."

In order to further Norquist's goal of wrecking the federal budget and destroying our social safety nets, all Greenspan need do is raise rates by a couple of percentage points.

Greenspan's comments about Social Security have an ominous self-fulfilling prophetic quality about them.

Remember, the best way to predict the future is to create it. And what the Right Wing wants to do is to wreck the community-supporting aspects of government and create a militaristic/police state totalitarian nightmare.

****
BTW, I really appreciate the outstanding quality of your post. Your analysis was very thoughtful. However, I fear you may not be nearly Machiavellian enough in your thinking to keep up with the sinister plotting of the Bushies. <g/ng>
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