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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Hawkmoon who wrote (99615)11/11/2008 1:12:43 PM
From: Don Earl8 Recommendations  Read Replies (2) of 110194
 
RE: "If your not, then send back your social security check, give up your medicare benefits and refuse to claim your mortgage tax deduction."

I think you're missing an important consideration. If the average working American were not paying on the order of 60% of their real gross income in Federal, state and local taxes, they would not need to rely on subsistence allowances in their old age. The money would have been sitting in their bank accounts for 50 years, collecting interest. Not to mention having something left to leave to their heirs.

I also think you have capitalism and free markets confused with monopolies and price fixing.

Corporate tyranny and democracy are not the same thing, neither is voting and having a choice.

Test question:

Looking forward to the 2008 elections from two years ago, who would you have liked to have seen run for President? Obama? McCain?

In the absence of a corporate media telling you those would be your two choices, which were both hand picked by corporate America, wouldn't you have chosen someone else?
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