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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: TH who wrote (72485)8/8/2012 6:38:19 PM
From: Giordano Bruno5 Recommendations  Read Replies (1) of 119362
 
Somebody put this guy on the presidential ballot then I'd vote.

zerohedge.com

Common sense still alive and well.

Three and a half years after the bust, the massive spending, guarantees and money printing have left America with 8.2% unemployment (which vastly understates the actual level, since millions of people have simply left the workforce, while others have migrated from receiving unemployment benefits to getting long-term disability payments), sluggish growth, $5 trillion in additional federal debt, and $3 trillion of freshly-printed dollars on the Fed’s balance sheet. This is not a success. This is a national tragedy, in a society in which the world’s greatest engine of prosperity has historically been fueled by innovation, optimism, entrepreneurship, flexibility and opportunity.
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