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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Lazarus_Long who wrote (86790)9/23/2007 5:17:13 PM
From: stan_hughes  Read Replies (2) of 110194
 
"What's needed, he said, is entitlement reform that will keep costs in check. This probably will be achieved through higher taxes, reduced benefits or both"

In other words, they're going to change the deal, and thereby screw anyone and everyone that's ever paid into these things in order to fund bailouts for the rich.

One day there will be a movement in America that will outdo the French Revolution because of this kind of stuff -- I can only hope to live to see it happen
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