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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: NOW who wrote (98795)6/22/2009 5:37:04 PM
From: Little Joe3 Recommendations  Read Replies (2) of 116555
 
If you are naive enough to just accept the government's word.

1. Social Security we can’t pay for.
2. Medicare we can’t pay for.
3. Prescription drug we can’t pay for.
4. Spend more money on education than any other nation in the world and many kids, especially in inner cities can’t read their diploma.
5. Criminal justice system that produces criminal injustice.
6. Can’t defend our borders, even banana republics can do that.
7. Country hopelessly in Debt.
8. Economy on the verge of destruction.
9. Encourages lending to people who can’t pay loans back.
10. Encouraged casino risk taking by removing moral hazard, which is the trigger that set of the current catastrophe and now further eliminates moral hazard by guaranteeing bank loans to one another.
11. CANT EVEN HOLD AN HONEST ELECTION

Can you tell me one major program that costs what the government says it would. Why you just accept their figures now.

lj
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