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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 427.64-3.9%Feb 2 4:00 PM EST
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To: TobagoJack who wrote (35396)6/3/2008 10:41:14 PM
From: carranza2  Read Replies (1) of 219972
 
certainly, a crap shoot especially given officialdom inclination to intervene to worsen the situation due to their collective idiocy and group grope moronic tendencies

Indeed.

Private 'officialdom' too.

There is hope but there is not much time. The exponential function grinds away relentlessly.

Very few recognize our moral duty to the generations which follow us to set our economic and fiscal house in order. We have allowed fools and charlatans to fiddle ineptly with the future.

We probably cannot grow ourselves out of the debt and unfunded entitlement mess. Other measures - reduction of benefits and private/public liabilities via fiat - can be taken but they may be mere palliatives and are politically and legally uncertain.

Concord Coalition has a good grass roots campaign.

concordcoalition.org

concordcoalition.org

Our political leaders have been avoiding this enormous issue [the assumption of fiscal debt which can't be paid] —largely because it requires that the public be told that not all past promises can be met..

I am reminded of the Roman emperor - Nero? - who made his donkey consul or proconsul or something just because he could.
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