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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (524217)	11/23/2012 3:55:16 PM
From: Copeland	2 Recommendations Respond to of 793868

A rational voting group would have thrown the rascals out. There's a reason why many of the founding fathers, particularly Jefferson, wanted land ownership as a pre-requisite for suffrage. Unfortunately, he lost and the Federalists won on that point. Under the current system, one group can vote themselves another group's property, which is not only unfair, but would never occur if only property owners were voting. As the recent election's results show, the party favored by the takers won and will continue to win going forward, as long as the money continues to be redistributed.

To: LindyBill who wrote (524217)	11/23/2012 5:11:45 PM
From: Hoa Hao	Respond to of 793868

The deficit spending has not overcome the imploding credit structure yet. "Governments worldwide are in crisis. There is a great disparity between the state and local governments where the latter cannot manufacture money at will as the sovereign national governments. This is a predominant source of deflation as bondholders demand higher taxes and austerity be imposed at the sovereign government levels to prevent hyperinflation and the devaluation of bond holdings. Of course bondholders will lose everything as they always do historically. Nonetheless, in the immediate term, they will demand their pound of flesh and government will respond by extracting that from the people destroying the global economy in the process. If you think for one moment that sovereign government bonds are the flight to safety, you better wake up before it is too late. In the United States, government is about to cut spending and raise taxes sharply in 2013. The rhetoric of the Democrats is only watering the seeds of social warfare just to win an election." http://armstrongeconomics.com/conferences-2/conferences/7500-2/