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

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To: SouthFloridaGuy who wrote (76122)12/19/2006 5:16:36 PM
From: benwood  Read Replies (2) of 110194
 
Kind of a moral quagmire, isn't it? Thomas Jefferson did not like slavery, yet kept slaves. It really *is* difficult for those in a position of power to give it up willingly because they have to give up what they believe themselves to be entitled to via their superior intellect and work ethic.

And historically, those in power have the ability to increase their power, and so they do that. It's a positive feedback loop, albeit a very slowly changing one, and at some point, the screeching sound will blow our ears out.

So it's yin and yang. You and the gang try to blow me up; the rest of us try to keep from being blown up. But we don't have gov't working for us, so it's rigged game. Most will get blown up.
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