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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (52473)8/1/2004 12:29:42 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
the real battleground is the US Treasurys
votes of dissent will be cast against USTBonds
votes of support will be cast with purchase of USTBonds

and interference to rig the game will be stuffed by foreign central banks
who always vote in favor of USTBonds

get ready for an acceleration of monetary inflation
the big mistake made by many observers is to expect rational action to follow wholly irrational current actions

we are committed to irrational failed policies
look for a $1 trillion federal deficit in the next couple years
look for expanded federal programs
look for accelerated monetization of cancerous Fanny Mae and Trez debts
look for the M3 money supply to go vertical

DONT EXPECT A RETURN TO RATIONAL ACTIONS
PANDORA'S BOX WAS OPENED IN 1971, THEN WIDER IN 1987, THEN WIDER STILL IN 1996, THEN BROKEN ALTOGETHER IN 2001

to expect a return to rational actions
is to expect the escaped emotions to be put back in a box which no longer has walls
/ jim
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