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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: tonka552000 who wrote (1838)	7/11/2002 11:01:18 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

Tonka, thanks, most live in denial, false faith in Fed and false faith in the financial system to prevail unfortunately, the entire banking and currency system is flawed every few decades, it is time to pay for the crimes against economics by politicians, companies, and households anyone who knows anything about the Fed and its policies now realizes that THEY HAVE LOST POWER TO RESUSCITATE THE ECONOMY this is sad, but they backed themselves into a corner after 20 years of continued abuse and poor judgment now they cannot stimulate the economy anymore or else risk a USDollar freefall !!! this week we got a shocker in Pitt School Board 3 philanthropic institutions decided to pull funding of the city public schools by $12M per year they cited disarray, poor leadership, poor teaching quality now pressure will mount for more property tax hikes I see property tax as the quiet harpoon to real estate right thru the heart thanks for sharing I knew software was in trouble, now confirmed no hiring in my strong field either, statistical consulting not that the skill isnt valuable but the clients died on widespread basis the real estate cracks start at the top then upper middle class then middle class thanks again, jim

To: tonka552000 who wrote (1838)	7/11/2002 11:13:29 AM
From: crdesign	Read Replies (1) \| Respond to of 89467

"When I talk to family and friends (bright, well educated people)...they see it "going to turn around here in a little bit..." Little metal Truck (cool name), With all due respect, Bright and well educated does not equal wisdom. All I believe brightness does is breed complacency. If it looks like a guillotine if the blade looks real sharp if it smells horribly like death if your standing in the line behind it you guess the next line. My favorite line I here from all my friends who are brighter than me (that would make it all of them) is: "I'm in TIAA Kreff, its okay, their invested in mutual funds." knock, knock hello? Dim, Tim

To: tonka552000 who wrote (1838)	7/11/2002 12:00:36 PM
From: stockman_scott	Respond to of 89467

Quote of The Day "I see in the near future a crisis approaching. It unnerves me and causes me to tremble for the safety of my country. The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me & the financial institutions at the rear; the latter is my greatest foe. Corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed." -President Abraham Lincoln, Nov 21, 1864 ___________________________ btw, Tonka thanks for sharing your insights out on the porch...we appreciate them.