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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: Rarebird who wrote (197655)3/23/2023 9:16:45 PM
From: sense  Read Replies (1) of 217927
 
Not hard to find obvious examples... and "failed attempts" to "fix" things...

The left's "caring" enough to provide this or that... isn't about "caring" at all... its about entrapment... as needed to create and sustain a dedicated and dependent political class that will sustain their power...

So, "they" eliminated institutional slavery... and required it be replaced with other institutions... intended to enable a more efficient system of cheaper labor combined with economic repression...

Today... all just "more of the same"... Democrats helping... as "the same" is done by "shipping our jobs to China"... and, at the same time... deliberately enabling flagrant violation of immigration law... to flood the market with massively subsidized low wage, unskilled workers...

During the Bush years... effort was made to "enable more participation in home ownership" in order to allow lower wage earners to save over time... gain wealth... join the middle class... and, it was working...

What did the left do to prevent "their people" being promoted out of poverty ? Changed the rules to force banks to be blind to location based and credit risk factors, and allow liars loans... which led to the end we saw in fraud based MBS in 2008... almost destroying the banking system... and putting an quick end to the prior trend... The banks were in on it, of course.... the scam being to profit from "originating"... and then pass the mislabeled risks on to be realized by "investors" in fraudulently rated MBS... no one being held responsible when it failed, of course...

All of that... the result of maneuver re money and power... not "principle" applied in the rules ?

A shorthand that will easily discriminate between what is free market and what is not... eliminating "capitalist excess" that is NOT about free markets... requires a proper definition...

My stab at it... recognizing you need "the right rules"... and principled agreement on adopting them in good faith...

A free market requires: no fraud, no monopoly, and no differential barriers to participation...

A quick look at what we do have... and its pretty much the exact opposite of that....
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