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Published Letters: 90
When Wall Street is out to get some thing or some one they refer to it or them in slanderous conotations . a la liberal ! Social programs as "ENTITLEMENTS" . "lIBERAL PROGRAMS" . Take S.S. The GOP did not like that program when it was introduced and they have not changed their minds . The song they play is "it is in serious trouble" . In the 1860 the population of our country was around 40Mil . Today we are approaching 400Mil . An ever growing working population . an ever growing amount of money going in to S.S. . A growing population means that more people are born and immigrate to the USA than the amount of deaths . As long the USA has job increases to accomodate the new people S.S. can never be in trouble . Since R.R. laid hands on the S.S. money and included it in his budget to hide his deficit the GOP has lied and missled in their attempts to reduce the out flow of S.S. to hide over spending .
I have no idea why they drag out Mr D.A. and his friends to hear their ideas . Mr D. A. and friends never tell the truth and he has no idea of what faithfullness is . A beautiful lady like Joan could certainly do a lot better .
When GWB was doling out money to friends that had not played by the old rules he complained about the opposition wanting to bring back banking rules . The GOP is attempting to do business as usual which is why we are where we are today .
Joan has the mind and the brains . This is a great article . Something related is the backing away from "Buy America" in the stim package . The GOP just doesn't get it . Using tax payer money to prop-up American companies for American jobs improves our economy greatly and if Americans have more money to spend on goods from China , China will be happy also . The GOP is good at complaining and no-good at managing .
With this new Admin and congress they have plans to switch from hiding costs to open and honest accounting . I hope this also includes taking S.S. out of the national budget assessment . That would expose the true condition of the national debt and at the same time demonstrate the true condition of S.S.
Just think : Birds of a feather flock together . When we hand over our life savings to Wall Street this is exactly the kind of people that will be managing our money , taking fees , large bonuses , and large salaries . Think about the position our seniors are in because of the games these pundits and their friends played with their money . Had all of their money been put in to US savings bonds purchased directly from the US Treasury our seniors would not have lost one penny and our government would owe the American people and maybe not so much to other countries . The US Treasury does not charge fees , pay huge salaries , or bonuses . They just pay some of the best interest with safety and that is why those other countries invest in US Treasury Bonds .
What you said there started me thinking about the bank people around the world that bought in to "mortgage backed securities" and caused this ugly mess helped by stock sell-offs and short selling . As much as Wall Street would like us to believe it stock prices have almost nothing to do with our economic situation . Stock trades are people selling and people buying . Nothing more that could affect other conditions . Our problem is we have been brain-washed by Wall Street in to giving our life savings to them to play with while other countries buy our government bonds . We should buy our own bonds and forget the greed Wall Street dangles before us . As we can see Wall Street is not a safe place for seniors to have their life savings .
The prison business is so good in this country even the major hotel corporations , an ex-president , and the out going vise-president have invested heavily in this business . It may be that every state pays one of the major hotel companies a large sum of money for each prisoner . Look at your State's web page and you will see ads to communities for establishing employment opportunities in their areas . So the end of the drug war would not only wreck the South American economy but ours and Wall Street . Even though hemp was probably the largest industry in the world for many years before this continent was known the forces against legalizing it are the largest companies and most powerful people . These include the big pharmaceutical , the oil , and the chemical companies . In other words this would be like going up against the Creator . These politicans all know that so all they are doing is just making noises .
Wrong ! Wrong ! Wrong ! If you want the very best place to invest , invest in the good old USA . US Treasury accounts are good for America , give a good return , and is the safest place for your hard earned cash . Putting our money back on Wall Street is like putting our hands back in the fire after we have been badly burnt . The Republican party is the political arm of Wall Street and at this time they are extremely mad at Americans for not voting them back in again and as their punishment they will try in every way to ruin this administration . The banks not lending is an example of how to ruin an economy . Join the Chinese ! Buy US Treasury Bonds . The Chinese are not stupid .
We all need a hero . Glenn Greenwald is mine .