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To: ChanceIs who wrote (159986)10/25/2008 12:08:35 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
We may well be witnessing the economic collapse of the United States, and our imperious leaders (aka morons) continue to increase the debt load on every citizen.

I laugh every time some douche comes on TV and says the best minds in the government are working on the problems. The government caused most of these problems. The only good news is that next month many arrogant, egotistical clowngressmen are going to get the boot. I hope almost every incumbent loses by a landslide but the average schmuck on the street actually thinks the Democrats are better than the Republicans. I am also hearing from people that they are voting based on abortion stances! How f'ing clueless can you get!?! How do these idiots manage to breathe regularly enough to stay alive? As the classic B-52 song states, They're living in their own private Idaho!

After next month the Dems are going to think they have a "mandate" from the people, and they are likely to make things even worse.

When this is all over China is likely to be the new economic powerhouse.



To: ChanceIs who wrote (159986)10/25/2008 10:32:13 PM
From: Jim FlemingRead Replies (1) | Respond to of 306849
 
Chancels re inflation/deflation debate

Picture a room with a dollar printing press on one side, conveyor in the middle and a debt default dollar shredder on the other side. The question is which will win the contest. I started a position in PST, the double short Treasury ETF, but I am hesitating because I read a scenario on SI somewhere that made a rational case for a 2.25% yield on the ten year a year from now. Good luck to us all.

Jim