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Re: gharma post# 274

Sunday, 04/14/2013 10:31:38 PM

Sunday, April 14, 2013 10:31:38 PM

Post# of 314
I'll admit, a little OT but the discussion does affect gold and miners. Even a lame duck administration can impliment considerable political/economic change and the associated intended or non intended concequences. What I see are two diametrical opposites. Free market (if such a thing still exists)/capitalistic camp vs a socialistic/micromanagement camp (my observation). The current camp seems to believe budgets and budget deficits are irrelevant as all you need to do is buy more ink and "tax everything that moves and doesn't move" (Hillary Clinton, Oct 30, 2009). Thus the importance of the '14 elections. Interestingly enough, as we head further away from free markets the disparity between the rich and the poor widens. One would think in a pure capitalist society this would be the case (the disparity), but alas, not. What we are seeing now is the biggest transference of wealth from the middle class. Politically, the parties will always be split and the motivations will always be the same in subsequent elections. Hopefiully it will just be a matter of balance with seperate but equal legislative, judical and exectutive branches. Once the balance of power is skewed heavily to any one side, therein lies the risk of past world failures. On the financial side we've learned nothing. The TBTF's have gotten even TBiggerTF (and it's been allowed to happen). JM2cents
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