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

To: JBTFD who wrote (78001)	4/19/2008 5:06:45 PM
From: koan	Read Replies (1) \| Respond to of 116555

REgarding your first paragraph, I agree. REgarding this paragraph: "As far as the real estate thing, I'm starting to believe that much of this type of thing is done deliberately to shear the masses of their wealth. They've done it over and over again over the decades. I recently saw another great video called the money masters, about history and effect of central banking. Very worthwhile video, IMO." koan: "This real estate debacle was an accident waiting to happen. The power titans, in power, want no regulations, few public programs, freem money form the government and bail out when they mess up. They have gotten al of that for 30 years; and they are using an economic formula that doesn't compute i.e. supply side economics. And In that sense, yes, trickle down economics favors the rich and that is what we have seen for the last 30 years. The rich getting richer and the poor poorer. But that is their plan. The rich can easily sidestep inflation as well, but the poor really get whacked. And there are enough poor and middle class to vote in people more sensitive to the problem, but so far they will not do it becasue of culturla differences??? But I feel that just as the people thew out Hoover and brought in FDR, so that is about to happen again. We need a new new deal!