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Politics : Welcome to Slider's Dugout

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To: roguedolphin who wrote (4763)	3/23/2007 9:30:13 AM
From: RonMerks	Read Replies (3) of 50480

Right On - Rogue/ Real Estate & Finance have created about 2/3rds of the economic growth of the last 6 years. And that is rapidly disappearing and vaporizing. But I disagree that inflation will 'lift' all boats. Well, maybe in the sense that a tidal wave, hurricane, or tsunami will TEMPORARILY lift all boats- but will ultimately sink them. Thats what the Fed is doing here. But, lets start by calling and identifying the 'Fed' for what it is- a hand picked group of inside wall street bankers who's only allegiance is to the bankers who hand picked them. Bankers are now running the damn country and the economy.No one elected Greenspan, or Bernanke. And the President doesn't offer up the candidates- the PRIVATE Federal Reserve Bankers that are now running the g@#D@mn country do. Dropping mass inflation into the hands of the US population is like handing out heroin to junkies. They try a little bit. They really feel good from it. Gotta have more- since if a little bit was good- a lot, will be even better.And pretty soon- they're all hooked! Inflation is the smoke screen used by wall street insiders to transfer wealth and to exit before the ultimate major market crash and prolonged recession. Remember 1966 to 1982 for the Dow? - it was a near 16 year bear market. What do they say about history? Learn from it- or you'll be destined to repeat it. Well here comes about 10-15 years of economic pain in my book. Get ready because there's going to be MAJOR HELL to pay after this debt and credit bubble collapses. America will quickly shift from a nation of euphoric spenders- to scared shitless savers. I don't know when it will happen, or what will be THE event that triggers it. Maybe the next '911' - or the next 1987 one day crash. But come it will. Am I the only one whos starting to get REALLY pissed off at whats happening to this country? Ron

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