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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (1162335)	9/6/2019 9:31:00 PM
From: Sdgla	1 Recommendation Recommended By FJB Read Replies (1) \| Respond to of 1573222

What was the national debt in 08 ? What was it when Trump was inaugurated?

To: Brumar89 who wrote (1162335)	9/6/2019 11:56:49 PM
From: Sdgla	2 Recommendations Recommended By Bonefish Conrad Murphy Read Replies (2) \| Respond to of 1573222

To: Brumar89 who wrote (1162335)	10/10/2019 2:51:55 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1573222

Neither party can be called fiscally conservative. Far from it. However, I view our nation's fiscal and monetary decline in terms of what the Federal Reserve is doing. They have embarked on the final phase of the destruction of our currency, and therefore, our long term economy and standard of living. The Fed's Quantitative Easing is the ultimate root cause of the inequality between the rich and poor and the rise of the poor's Socialist backlash against the perceived (inaccurately diagnosed) maladies of Capitalism. To whit, here is what QE has wrought for the 1% and for the 99%...notice the outsized role of real estate and equities in driving the wealth of the 1%, which is the direct impact of QE, and also notice the outsized role in the increase in debt the poor have had to take on as their incomes have failed to keep up with the prices of rent, education, and health care. None of this is rocket science. Socialism is not the answer, the eradication of the Fed is the answer, but you can't help but feel sorry for the bottom 50% and understand why they think Capitalism has failed them. Unfortunately, they don't have the education to understand that it is the Fed that has failed them.