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To: spunkets
"What matters is the political beliefs motivating the directors of GSach's operations. The rest must follow directions."

Yes, I indeed left it out because it is irrelevant to the truth. Some things do not depend on one's political views: Republicans and Democrats, Nazis and Communists all agree that water freezes at 32 degrees.

What is written in the report in question is of that kind. There is nothing political in it, just well-established economics. It reflects no political motives or beliefs.

Which is what prompted the previous post: if you cannot judge it for yourself, that's fine, but then suspend judgment and reserve your opinion. No need to read to deeply and invent nefarious motives where they don't exist.

28 posted on 02/23/2011 9:24:41 PM PST by TopQuark
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To: TopQuark
Yeah, you have to be a troll.

Nobody could be that stupid.


29 posted on 02/23/2011 9:30:09 PM PST by Minus_The_Bear
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To: TopQuark
"What is written in the report ... There is nothing political in it, just well-established economics. It reflects no political motives or beliefs.

BS. It's socialism and that's both political and economic.

"I have not heard a repudiation of a positive observation, namely, that reduction in spending will reduce growth."

I believe that no one ever made such an observation. Growth refers to the entire economy's growth, not just that of GS, or any particular groups favored by those in power. Also, the spending relevant to the discussion is -PLEASE PAY ATTN- govm't spending of other people's money via govm't credit increases, on unproductive endevors. The only growth occurring, outside of what GSachs expects to take from their share of the redistributed capital, is in fiscal and total debt of the economy. That's a shrikage in GDP, not only for the present, but for the future also.

41 posted on 02/23/2011 10:19:50 PM PST by spunkets
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