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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Amy J who wrote (25135)11/8/2004 6:32:12 AM
From: Elroy JetsonRead Replies (1) of 306849
 
It's far more shocking for the Bush administration to spend at such a fast pace that during some months spending exceeded the entire total of the nation's income.

Of course they blame this on an "out of control Republican Congress" but Bush is the first President in many years to have never vetoed even one single spending bill.

While spending at a rate that not even a 100% income tax would cover, they suggest with a no sense of irony that tax rates are too high and should be lowered.

How? With what?

It must be fun to be a Monetarist Pied Piper of Debt, preaching the Gospel of Debt everywhere you go.

It's amazing how many people are stupid enough to believe this makes sense. Even Dick Cheney believes, "debt doesn't matter".

It's little wonder the world is shocked.

home.pacbell.net

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