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

GLD 444.95

-10.3%

Jan 30 4:00 PM EST

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To: TobagoJack who wrote (77082)	7/30/2011 4:21:09 PM
From: carranza2	Read Replies (4) of 219955

He must have meant getting the corporate influence out of congress. Good luck with that. It is I think the primary source of our problems. Special interests have captured the national legislature and the executive. We are screwed. A corporatist state in the midst of a nation riddled by inane regulations, political correctness, and a culture of entitlement that affects the right and the left, individuals and corporations. I read somewhere that the federal government's revenues pay 40% of expenses. They rest is financed somehow. Crazy. Completely unsustainable. BTW, I don't think that China made a long term plan to suck the US dry, as suggested by the article I posted, because no one could have predicted the easy money policies of Greenspan and Bernanke. They led directly to a huge consumer feast and the increase in China's reserves. The Chinese leadership is probably surprised by its good fortune. The plan, if any, was a good and reasonable one. It became spectacularly successful when easy money and real estate as an ATM funded their spectacular and I think unanticipated progress.

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