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    Recession next year?

    Dr Steph wrote... Not much of a cat fight at all. Rates hiked, US economy falters, US economy slows, world economy slows more, US and world interest rates fall, but US spread higher than world rates so US dollar remains more bid than expected. Stocks meander, oil remains unchanged in real...
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    Recession next year?

    Excellent Commentary All ........................................................................... Paulson & Bernanke... The only weapon against a declining dollar is higher interest rates...and it is higher interest rates that will negatively affect housing and stock market numbers...
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    Significant Reduction in Petroleum / Gasoline Prices, HOW?

    Kicking Wrote........................ Solution is very simple to me, besides addressing the refinery capacity issues, encouraging alternative energies and the fight against terrorism ( not in the way it is currently done but through diplomacy and a whole different foreign policy distancing...
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    Laurence J. Kotlikoff We are Bankrupt

    FutTrd wrote: I won't pretend to know if US will go bankrupt for sure, but I did go already through process of being citizen of country that went bankrupt and I can tell you gents, the only way to prepare is to own property, lots of property and land. gold too, but only if you can...
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    Laurence J. Kotlikoff We are Bankrupt

    Excellent Commentary All ....................................................................................... The real question here is what constitutes wealth...and what is its value... Take FORD for example.....Unless its assets are fruitfully employed...what is it worth? What...
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    Free Energy Developments

    http://www.steorn.net/frontpage/default.aspx
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    Arguments Against Flat or ConsumptionTax?

    Excellent commentary... No...the main issue here is that nothing is going to meaningfully change ...unless things are really changed... Albeit that the US may have the best governmental system in the world currently ...does not mean that it cannot be vastly improved... If one is pleased...
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    Medved QuoteTracker a resource hog?

    I have personally used QT for over two years....and I upgrade every beta change as soon as it has been released....and have had no problems with QT at any time...while requiring data for over 40 charts...
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    Arguments Against Flat or ConsumptionTax?

    What´s the matter....do you not like paying for those fat no bid Halliburton-Cheney military contracts etc ??? You know...with the advent of the internet....a true change in the form of government can happen....namely one with visibility... Why have an antiquated two party system....when...
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    Arguments Against Flat or ConsumptionTax?

    Excellent Commentary All The real issue at hand is what system needs to be implemented that will actually make a numerical positive difference... If a matrix is granted and employed but does not make a numerical difference the system will have changed for naught... The USA has high...
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    (Why) do most traders lose?

    Excellent Commentary.... Holmes said... I chalk it up to lack of skill and the inability to learn the tools of the trade. Best Regards, Steve -------------------------------------------------------------------------------- Or is it that the "iWant it now!" babyboomers do not...
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    Arguments Against Flat or ConsumptionTax?

    Excellent excellent commentary.... The real question here is how necessary is it to change the tax system and what difference would it make... The add on consumption tax could be either seen or unseen...Today the consumption tax is unseen... However the point made is so true...when the...
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    Arguments Against Flat or ConsumptionTax?

    Gnome... Exactly..thank you... And what I am further saying is that the US must view the world´s tax systems...and make the US tax system such that businesses will run to the US to place their business origins... This in turn...will create again many of the losses that have been...
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    Arguments Against Flat or ConsumptionTax?

    Well these are all good thoughts....and I do understand the labels.... However...Paulson will be thinking about what structure of taxes will make the US more competitive in the world....and since the costs of production are so high in the US...even more emphasis will be placed on legal...
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    Arguments Against Flat or ConsumptionTax?

    Excellent Commentary I certainly understand your thinking and expected these types of comments... However ...money is money...and knows no label.... And of course the topic is about two labels... However...what you are really doing is trying to make a decision about the ownership of...
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    Arguments Against Flat or ConsumptionTax?

    Excellent Commentary Actually the matrix is very simple.. Today´s consumption tax... To purchase $1,00 worth of goods (fed only) Wealthy... $1.38 Middle ... $1.28 L. Middle.. $1.18 Poor........ $1.05 Add 3 to 7 points to include state and locals...
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    Arguments Against Flat or ConsumptionTax?

    Look...the point here is that you already have a consumption tax... When a person pays for something....he has to earn over the amount of the item to buy it... A wealthy person has to earn $1.38 for every $1.00.....and more modest income individuals has to earn $1.21 for every...
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    Arguments Against Flat or ConsumptionTax?

    Okay let's get to some of the real reasons for people opposing the consumption tax. Please note I'm not offering the intellectual excuses people are enumerating. Wealthy people : are not going to be inclined want a tax on their consumption when the current system places very little burden on...
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    Arguments Against Flat or ConsumptionTax?

    Actually tax revenue would increase even more at 10%...10% than 15..15 ,,,and would dwarf the tax revenue taken in today... Evasion...the IRS...and many add ons to prices would dissapear...and the multiplier effect of this difference would arise...furthermore every country in the world would...
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    Arguments Against Flat or ConsumptionTax?

    The real issue here is what amount of money does it require for an individual to buy an item... Today...simple terms.... A well to do person....$1.27 A wealthy person....$1.38 A lower middle class person...$1.18 A poor individual $1.05 Of course financed items cost even...
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