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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (19521)	4/7/2009 5:03:24 PM
From: StockGamer	Read Replies (1) \| Respond to of 71456

Obama's core voters are not being hurt in the sort to medium term. They don't pay much federal tax, and they don't have much savings to be hurt by future inflation. On the other hand, by preventing the prolonged recession/depression that a proper cleansing of the banks will produce, this core constituency benefits in the sort to medium term, which is all a politician wants.

To: GST who wrote (19521)	4/7/2009 5:06:21 PM
From: benwood	2 Recommendations Respond to of 71456

Can't argue with that. What I hear on the street, put very simply, is that they believe Obama will make it better. They cannot fathom that a) he will make catastrophic mistakes; or b) he will make catastrophic choices. To me, saving the fraud-marbled, cancer-ridden, free-market-destroyer, lying thuggery that created this mess only makes the worst possible outcome an absolute certainty: that we get screwed now, and in future, too. We were already screwed in the recent past.