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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Wyätt Gwyön who wrote (112041)10/16/2008 9:45:48 PM
From: carranza21 Recommendation  Read Replies (2) of 206183
 
there will be much moving-of-goalposts

No other way remotely possible. Social Security, Medicare, etc., will get revamped substantially. The defense budget, ditto. Infrastructure spending, check.

Increased taxes? You betcha!

Given the present partisanship, the moving-of-goalposts will be ugly beyond description.

There will be racial, generational and class tensions beyond belief in the next 10-20 years. The rending of our national fabric will be complete in about 25 years.

The DC pols know all this but are too chicken-shit to deal with the problems now, which is the best time to deal with them. I guess they figure that their careers will begin to be over commencing in about 10 years. When it HTF, they'll be long forgotten and sucking at some profitable corporate teat or other.

To his credit, McCain voted against the most egregious pre-crash unfunded benefit, the Medicare Rx bill that our moronissimo leaders made a great bipartisan show of supporting.

No, not voting for McCsame and not voting for Oh!Bummer, either. Sitting it out, might write in Walker.

no candidate can deal with US fundamental problem, which is the fact that people here are overpaid relative to their talents and labor, compared to Asia. this, i believe, is the fundamental multi-decade domestic problem behind stagnant and/or declining real incomes since 1970s.

Yup, but not necessarily Asia. Any place where labor costs are lower than they are here. But, yes, mostly Asia.

The flip side of globalization.

Glad I can speak Spanish. Might end up a gringo geezer in Mexico, Guatemala, Argentina, Chile, who knows. And, anyway, having grown up in Mexico and lived mostly in NO, I am accustomed to life in the Third World.
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