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Originally Posted by Guest
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Unfortunately, other than in sci-fi we do not get the chance to try out alternative paths BUT, we can look to history as to what has been done in the past AND THE RESULTS.
It, would take books to develop my view. Look at where we are-We have allowed QUANTITATIVE EASING. The term sounds impressive but in plain ENGLISH it is buying your own debt with printed money. The result is now and has been in the past that other countries do the same thing to devalue their currencies and the result is currencies being reduced to trash. We all are aware of German rampant inflation before WWII. Far fewer of us are aware that Spain and several other countries had exactly the same result. If, our fed manages to control this mess they have created-IT WILL BE THE FIRST TIME IN HISTORY THAT IT ENDED WELL.
If, you make a mistake it damages little more than your family. When, government makes a mistake it damages all of us-our country AND TO A LESSER DEGREE THE WORLD.
Through economic actions never envisioned by our countries founders our government has left people-us retired people wil no choice but to put your life's savings into the ponzi scheme we call the stock market. For those of you with a pension. You are not free of the stock market, The money to pay your pension is in the stock market.
Our federal government has greatly expanded power. I find it interesting that our LIBERAL controlled press screamed bloody murder that Bush and Chaney expanded presidential power and there is not a peep that Obama has gone far further then Bush did. Obama had previously pardoned more convicted CRIMINALS then the six presidents before him combined. Obama has just pardoned another 200. Obama has stepped all over the constitution. It might be legal-IT IS NOT THE INTENT.
We separate, the branches of government Judicial, Executive, and Congress. By his acts Obama is being ALLOWED to act as a DICTATOR.