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Re: poorgradstudent post# 68891

Saturday, 11/22/2008 6:05:21 PM

Saturday, November 22, 2008 6:05:21 PM

Post# of 257259
Poorgrad,

I think we're all being silly if we think our government can get us out of this mess. From the way I see it, the best solution is to let many parts of it burn and disappear.

Our country has to rebuild its pyramid of workers from the bottom to the top. It would have to create new taxes on wealth instead of income to fund it. We made so many bad economic decisions over the last two decades that we can't afford taxings tomorrow's income to cover it.

In hindight, I'm wondering why we elected Obama if he's hiring 95% of the previous Clinton people. Hillary would have been a more logical choice.

Lastly, I'm not sure what Geithner will be if Summers, who was Clintons Treasury guy is Obama's in house advisor.

By the way don't forget Summers and Geithner worked together in the mid 90's for the IMF when they fixed Mexico and Asia. They devalued their currency and increased taxation threw the roof.

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