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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (5205)	1/4/2010 11:34:44 AM
From: John McCarthy	Read Replies (1) \| Respond to of 26251

Judging from the massive push over the last nine months, I wouldn't put anything past the Government - their careers are on the line going into the November Elections. The US Government is, obviously, sacrificing the future of the country in a blatant attempt to save themselves. No - I only wish that were true. See Richard Koo - Barrons - page 28. (Japanese economist) Or Ben - recent - low interest rates contributed 5% to the 2001-2005 housing bubble. Koo - debt infusions have SAVED JAPAN. And the last 20 years have PROVED it. America's problem - NOT ENOUGH DEBT. This "shit" and thats what it is - has taken on some kind of ZEN + skitzophrenic aurora - in which - the SANE are really INSANE and the INSANE's reality IS reality. Koo is here to help guide us. This won't stop until the Treasury cannot borrow. Is this an enigma or paradox? The Cold War years were safer years.