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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (8338)	2/7/2012 11:22:13 AM
From: Sdgla	1 Recommendation Read Replies (1) \| Respond to of 85487

Here is what I posted to you a few days back : " We have $50 to $80 Trillion of unfunded liabilities right in front of us with ZERO means of funding them." Read the last part a few times and then go back and read the rest of my posts to you. IMO your all over place. I have posted several times to you that the ONLY way to fix the real estate situation is for the banks to write down the principals to market levels. That's going to happen via foreclosure and auction anyway. Small bizness will turn the economy around in the long run but current big gov rules and regs are standing in the way.... That needs to change now. The debt can be shrunk but not until we have a POTUS & Congress that is willing to CUT spending and address the unfunded liabilities that I previously posted to you about. Once both of those are done and confidence is restored to the business environment then we will begin to recover.