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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: puborectalis who wrote (33239)7/5/2008 10:34:49 AM
From: koan  Read Replies (2) of 224750
 
Good article. Sums it up pretty well. Japanese learned from the oil shock of the 70's, we didn't. Toyota now has a cap rate 25 times that of GM which is about to go under along with ford for their closed minded greed..

The Japanese factories are more flexible and they work hard to conserve energy. We are in the worst shape since 1929. Only this time we owe so much money there is a good chance the dollar will crash when our nation's debt tops one trillion next year and our trade deficit will probably be close to that for import of oil. 2 trillion in one year. so we will be paying interest on 19 trillion dollars.

And the baby boomers are just now coming on line needing 25 thousand dollar hip replacements-lol. Medicare in big trouble.

Great legacy bush and the republican congress (6 years they controlled congress and bush did not veto one bill of pork)is leaving our children. Bush will go back to cutting brush and forget about the chaos he created.

Jimmy Rogers said get out of the dollar as every 14 months now we add another trillion dolalrs to our debt. We will have a hard time even paying the interest in a depression.
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