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

To: Sunny Jim who wrote (86353)	9/14/2007 11:13:55 PM
From: bart13	Read Replies (3) \| Respond to of 110194

"what this country needs is a depression" My father, who passed in 1976, used to say that and I didn't understand it until years later... and I still don't agree with it although I do agree that "tough" times are needed. The actual Great Depression turned this country towards socialism, and under other scenarios it could have turned out much much worse. The basic problem is: A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. -- Alexander Tyler That's why, among other reasons, that the country was founded as a republic.