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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (202935)5/19/2009 3:49:15 AM
From: Elroy JetsonRead Replies (3) of 306849
 
You're so deeply lost in the fantasy world promoted by Juan Peron and Ronald Reagan that you believe spending more than you take in is a permanent solution. It's not.

The only way to reduce government spending is for the electorate to immediately feel the pain of their decisions. Do they want another war? A bank bail-out? Posh new transportation systems? Then they have to feel the pain of paying for them, right now.

Many voters are like slugs, if they don't feel the electric shock they don't learn to avoid saying yes.

Reagan and Peron used debt to give the voter anesthetic so they could carve off pieces of their flesh without the voter feeling it. That's not a solution of government spending. You need to readjust your thinking.
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