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  • How the Federal Government will Lose in 2009 [View article]
    Our policymakers do get it. They line the pockets of themselves and their friends as they make the laws that alow for such action to take place.


    On Jan 09 09:14 AM prudentinvestor wrote:

    > You eloquently state:
    >
    > "There are consequences to everything. The consequences of shuffling
    > resources (taxing productive ventures and doling out those resources
    > to failing ones, i.e. bailouts) are stunted growth for good businesses
    > and propagation of bad ones. Artificially propping up asset prices
    > means that those who are generally less competent remain the custodians
    > of society’s capital, and diluting the money supply inflates away
    > everyone's wealth over time, particularly harming the poor and middle
    > class."
    >
    > It seems so clear, so how come our policymakers don't get it?
    Jan 09 09:57 am |Rating: +7 0
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