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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who started this subject6/18/2004 5:27:03 PM
From: NOW   of 110194
 
good read : snippet "The self-reinforcing and self-organising aspects of the system are evident and have resulted in a natural bias to politics, where the disinterest displayed by finance to workers is mimicked by the disdain with which the politicians view the voters, since it is less votes than money that makes possible the acquisition of the valuable franchises that are represented by seats in Parliament or Congress. How else is one to understand the purchase of a mayoralty in New York by a billionaire whose fortune came from the marketing of a mediocre market information system or a Senator’s seat by an executive from Goldman Sachs? This is not an electoral system so much as a system for marketing tax farms to the highest bidder."
sandersresearch.com
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