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To: Jumper

You should do some more reading. We are in an intended depression, like the 30’s and the 70’s. None, I repeat, none of those in the leadership of either the House or the Senate are trying to “save” the economy. Their actions are to preserve their own power and pad their own pockets.

This overspending is intentional, and Obamacare is part of the overspending and in addition, it takes wealth out of the economy as businesses waste money and manhours figuring out how to meander through the enormous bureaucracy.


8 posted on 09/24/2013 5:56:45 AM PDT by cotton1706
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To: cotton1706
I fully understand the economic woes this nation faces. I also understand the missteps made by both political parties. We have moved from a agricultural and manufacturing base to Service Industry and Information Age employment base.

I am totally opposed to both a managed economy (ObamaCare) and the politicization of job growth, which is essentially what Obamacare is about. We first had QE1 (Bush-Obama family living room chat in December 2008 whereby Obama was given the first QE blessing from the outgoing president). Obama used QE1& QE2 to bail out the Auto Unions (under the guise of saving the Auto Industry), and Clean Energy (New Jobs and the utopian wet dream of clean sustainable energy paid for by taxpayers) at the expense of "affordable energy" (Coal, Oil, Liquefied/Natural Gas, Nuclear).

The economy is in a recession, the socialization of the country well underway, and the only real job sectors in America for the masses is in the Health Care/Medical, Education, and Police/Fire/Security (I'll throw the Military into this lightly).

Losing jobs in the medical field is not an option with the economy dying - transferring the employment responsibility to Insurer's (Heath Insurance) is the same as what the QE, QE1-3, and Present QE4 $85B a month thru BANKERS was for the rest of the economy. Making ObamaCare work is more about a political solution to sustaining an entire sectors JOBS rather than providing a Service/Health Care.

If I were influential I would promote cheap Oil, Gas and Coal with a very limited "clean energy R&D program" to make this economy work. Once it pulled out on the back of cheap energy, maybe a Services/Information Sector(s) Economy can work with Agricultural/Manufacturing Sector(s) society/Economy.

I will continue to invest my IRAs actively in the Energy Sector where I understand investments in light of Quantitate Easing which totally blew conventional investing wisdom out the window.

17 posted on 09/24/2013 7:07:46 AM PDT by Jumper
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