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Re: rlfb06 post# 300

Wednesday, 07/10/2013 10:15:49 PM

Wednesday, July 10, 2013 10:15:49 PM

Post# of 316

And the game continues at the expense of the crowd and the day of reckoning for this to play out is inevitable, just a matter of time.


So, so sad, but very likely true.

The US government has been reduced to little more than a wealth redirection machine, as far as non-defense policy is concerned.

I recall as a boy in Jr High in a class called Civics (is such a thing taught any more?) one of the "hot button" issues was whether the government was effecting "redirection of wealth" with its social policy, but from the wealthier to the poorer, and whether that was appropriate as a role of government, whether that was socialist, communist, etc..
My how things have turned full circle.

ECC continues to show relative strength in the face of this sector bear, and for no real reason other than the principals involved and the treasury as far as I have seen.
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