Sankar,
As we have come to expect, you have posted a cogent analysis of the current debt, credit and currency crisis. I would like to comment on one of your statements. Permit me to ramble a bit about it.
>>Well, this is a form of subtle corruption that is
being fostered in the name of help and to achieve the ulterior goals (IMO).
How true, how sadly true. I am chagrined that I have become a cynic in my maturity. Now we must all regretfully accept that governments, yes even ours, are corrupt, and that they represent their major corporate and other benefactors rather than the "people". Any benefit to the people by trickle down effects is secondary. What I am getting at is that I think we need a third political party in this country. Who knows, if we do happen to fall into some sort of recession, or if the boomers' pension mutual funds do not appreciate by 20% per year, the population may be angry enough to "throw them all out". Perhaps I should start a "third party thread".
Thanks again for your analysis, Sankar.
Jack |
