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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.96

+0.2%

Nov 19 4:00 PM EST

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To: Gib Bogle who wrote (52319)	7/12/2009 10:19:43 PM
From: Maurice Winn	4 Recommendations Read Replies (2) of 217886

Gib, you are confusing capitalism with state-backed theft. When the state confiscates OPM and hands it over to their mates, it doesn't matter whether they are unionists, government employees, welfare recipients, or so-called capitalists such as AIG and GS, it is not capitalism. <Capitalism certainly works well - look how GS are doing.> If you really think that is capitalism, then you don't understand what capitalism is. That's just good old garden-variety alpha male tribal dominance hierarchy kleptocratic theft. Capitalism would have seen GS, GM, AIG, etc on the block, knocked down to the highest bidder. I was all ready to buy GS and maybe GM but my bids were not allowed. I didn't want AIG as insurance is not of much interest to me. I would have liked to buy Fannie and Freddie too as it would be fun to own a few million houses. Mqurice

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