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

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To: Steve Lokness who wrote (15819)	6/24/2004 6:48:14 PM
From: benwood	Read Replies (1) of 110194

I just read a Steinbeck essay regarding the 1930's -- very interesting since it was about how it was to live through it -- but one comment he made rung very true: that when I man needs help, he'll accept it (from the gov't), but when he doesn't need it, it's "back off!" (I'm paraphrasing). If the need disappears (i.e. they admit they lied and there was no threat), people may no longer accept the "medicine." All I can say for Congress is it reminds me of the McCarthy era, a bunch of cattle running in the same direction. Perhaps the bubble economy has affected their brains, acting like a bunch of money beggars for their constituents back home (totally money-centric), but they have been shirking their Constitutional responsibility egregiously, imho. I agree with Gore that we're on the verge of a total monarchy, or dictatorship (by cabal), and it could be the point of no return has already passed. There is only one way, in my view, for the balance of power to be restored, and that is through impeachment.

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