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Politics : Welcome to Slider's Dugout

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To: SargeK who wrote (2509)10/5/2006 11:30:53 AM
From: SargeK  Read Replies (2) of 50281
 
Money Files E-Book of the Month

Money Files – moneyfiles.org has chosen
Debtism – Getting Ready for Hard Times" debtism.com as their E-Book of the month. The truth supported by facts is spreading around the globe.

Excerpts:

The coming recession will be unlike anything experienced since the Great Depression. Do not expect government solutions to the forthcoming economic catastrophe. If government had the answers, these conditions would not have been allowed to develop in the first place.

What may be expected are massive infusions (at unimaginable accelerated levels) of fiat money, continuing the process of redistribution of money confiscated from lenders and given to debtors. Over the past two or three decades, defective government and banking policies have virtually destroyed incentives to save. It is not naive to assume that decades of false prosperity will disappear during the oncoming debacle.

Backed by the most dominant military force ever assembled under one banner, the US economy provides the glue that binds the global economy and the lubricant that propels it. Both are precariously riding on top of a massive economic tsunami that may crash abruptly and with little warning.

Besides the phony money and tax apparatus that operate to destroy the American middle class, illegal mass migration further propels the process and there is no end in sight. Massive defaults and cultural clashes are inevitable.

No US worker should be deprived of a job that pays a Living Wage because of low-wage competition provided by illegal aliens! The primary constitutional responsibility of the federal government is to defend this country and to repel INVASIONS.

While the Dow is hitting new NOMINAL (not adjusted for inflation) records, it may be time to take profits to help weather the impending storm. FWIW

SargeK
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