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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (90605)1/19/2008 8:21:56 AM
From: Rarebird  Read Replies (1) of 110194
 
<<Why do they not hike the absurdly low 2008 social security raise of 2.2% -- way below even their own underreported inflation numbers>>

The highly unprincipled, manipulative government is trying to control inflationary expectations. But they will fail because their own actions are highly inflationary. It is just a matter of time before government debt gets downgraded and a financial collapse becomes a reality.

This government wages war on savers. If senior citizens want a raise closer in line in line with the inflation rate, they need a good PR person telling the manipulators that they are prepared to spend all of that raise immediately on iPods and other discretionary items. <g>
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