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


To: valueguy8888 who wrote (70702)9/30/2006 11:02:32 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Both Senator Wyden and Smith from Oregon are on the Finance committee, and at one point I called their offices to no avail. In the case of Smith, I even offered to take time to walk (not too far) to their office in downtown Portland to brief them. Of course they don't know me from Adam, and I'm not a lobbyist or a political supporter, so I was instructed to "write a letter", which with some effort I did. Interestingly, Wyden sent me the standard form letter thanking "involved citizens like me", and Smith didn't even bother with that? So why should I do more than just blog on it?



To: valueguy8888 who wrote (70702)9/30/2006 11:37:40 AM
From: ild  Respond to of 110194
 
<<<accusing the government of lending citizens' money long at rates that are at or below cost>>>

I'd think it's their domain and they are doing it legally.



To: valueguy8888 who wrote (70702)9/30/2006 11:25:38 PM
From: Colin H  Respond to of 110194
 
Yeah, that's the sort of thing they might habeas your corpus over. <g>



To: valueguy8888 who wrote (70702)10/1/2006 11:48:47 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'..public attention-seeking press release accusing the government of lending citizens' money long at rates that are at or below cost?'

Socialized ownership society by the Republicans is what this appears to be with foreigners as the ultimate bagholder of the debt to be crammed down by loan losses and much higher interest rates. Whoever devised this scheme is a genious. Certainly Bush wasn't involved. The Democrats still haven't figured this one out yet or how to properly tackle this going into the elections.. Neither have they figured ou tax cuts for the super rich on the federal level translate into much higher taxes for Joe6pack on the local level.. The deflation crowd expecting 2% 10 year treasuries still hasn't figured out this only leads to more reckless credit expansion, expanded multiples in asset values and even more bubbles.. I still haven't figured out when the blow up occurs and what the trigger will be that forces the hand of the bagholders holding all this debt..This feedback loop of 4.6% long term debt with costs of living running much higher, our record twin deficits can't go on forever and real estate at 2% cap rates must adjust somehow some way..