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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (54582)	8/10/2006 5:57:52 AM
From: shades	Read Replies (1) \| Respond to of 116555

doing same (plugging) to the US electorates Dear General I know you are much more creative than that - there are many ways to bridge that gap - taxes to the citizens are but one solution - reduced benefits to the retirees is another. Being that many on this board think j5p is broke and Kudlow and Bush like mr. Laffer I really don't see them able or willing to collect much more taxes currently. Kudlow says M1 growth is holding stable so not much inflation going on. So benefits are most likely to be cut back. My sister works as a county employee in south ga - one of the city council there stole over a million dollars from one of thier funds - she didn't get that payraise she had been working for because of it - they locked up the councilperson - sis had to work another three years before she got the promised pay raise and they built back up reserves enough to replace what formerly crooked councilperson stole. Sis bitched about it and so did every other city employee - but they kept working.