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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (47434)3/14/2009 3:45:53 PM
From: carranza21 Recommendation  Respond to of 217839
 
indeed, mq, indeed.

the US is an excellent example of this official ponzi scheme.

while politically difficult, many unfunded liabilities such as the enormous and totally unfunded Rx benefit, can be as easily destroyed as they were created. however, a politico voting to take away a benefit is as rare as hen's teeth.

many benefits will be reduced or completely eliminated.

quality of life for the masses will decline.



To: Maurice Winn who wrote (47434)3/15/2009 1:18:48 AM
From: ig  Respond to of 217839
 
they despise Bernie Madoff, they vote for more of what Bernie did, the politicians take their cut up front, organize their own gold-plated pensions, don't plan on being around to answer for the chaos and poverty

Well said.



To: Maurice Winn who wrote (47434)3/15/2009 2:30:16 AM
From: koan  Read Replies (1) | Respond to of 217839
 
>>
Yet they despise Bernie Madoff, they vote for more of what Bernie did, the politicians take their cut up front, organize their own gold-plated pensions, don't plan on being around to answer for the chaos and poverty and everyone denigrates the idea of tradable citizenships which would confer on individuals the ownership of their share of the commons which is what is being promised.

People are going to get what they vote for and get it good and hard.<<

What you say is true, but unfortunately, the only answer is democracy with all its warts and flaws.

As you say, people get what they vote for. At least they get that. People used to live lives of horrible serfdom, ruled by cruel feudal lords. Many still do.

Too often today, people are fooled, and vote in the same types of cruel folks. But democracy does usually provide some laws to cushion the cruely. Pretty ironic though when one thinks about it.

Another irony is that the messy regulations also protect the populace from tyrrany. Constructive conservatism it is called in political science. It is as hard for the bad guys to get through "red tape" as the good guys-lol.

We humans will either learn to be smart or we die, it seems to me.

That will require facing facts, logic and putting things in their proper persepctive.

Most humans find that type of thinking ridiculous-lol.



To: Maurice Winn who wrote (47434)3/15/2009 2:34:31 AM
From: dybdahl  Read Replies (3) | Respond to of 217839
 
I'm not really sure what you mean "what the governments all over the world are doing". In Denmark, we're beefing up solidity of the banks, to 12%. This number may be based on incorrect numbers because the numbers represent the world as we believe it is right now, but if you believe that things get much worse, larger solidity numbers seem to be the right way to go. I'm sure that they're willing to raise the bar even more, if necessary.

To me, the dollar seems like the biggest ponzi scheme right now.