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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: tonka552000 who wrote (7456)	2/9/2004 2:00:55 PM
From: Jim Willie CB	Respond to of 110194

we got Medicare Reform already (oops, off by $150B) continued reform will take the budget over the cliff the appeal for votes and support of declining household balance sheets leads us to govt disaster I see no way out I have said steadily that Medicare Prescription Drug reform will result in a single line item of $1000 billion before 2015, the next ten years combine appeal for votes, horrendous economic forecasting, general stupidity, and the political process of re-election, and you get a budget disaster hey, let's not forget the war on false pretenses / jim