on money (in the abstract)
Joseph Tracy
brook7 at sover.net
Tue Nov 22 21:22:23 CST 2011
This is carelessly presented. I did not write this . I posted a quote from Jim Kunstler, only providing a one sentence intro. I don't endorse it and wasn't interested in the part quoted but the overall assertion of big fucking mess. So just be careful please I know this can happen. I guess nobody thought it was funny, either.
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>> From: David Morris <fqmorris at gmail.com>
>> To: Joseph Tracy <brook7 at sover.net>
>> Cc: pynchon-l at waste.org
>> Sent: Tuesday, November 22, 2011 10:58 AM
>> Subject: Re: on money (in the abstract)
>>
>> On Tue, Nov 22, 2011 at 9:42 AM, Joseph Tracy <brook7 at sover.net> wrote:
>> > Folks of all stripes and accents desperately seek to move their money to some safe harbor - but where is this cozy mooring? To the US for the moment perhaps; but what happens Monday morning when the markets react to the weekend news that the US Senate super-committee has been utterly unable to agree on decisive action that would forestall the scheduled massive automatic budget cuts built into this red-white-and-blue doomsday machine - not to mention the ratings agencies threats to knock UST-paper down another notch upon such failure. Oy yoy yoy!
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>> This is just plain silly. Anyone who's been paying attention knew
>> that the Catfood Commission was heading to deadlock, and if you're at
>> all progressive you'll view this outcome as a good thing. Doing
>> Nothing was the best thing to happen.
>>
>> Just listen to Uncle Ernie:
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>> http://www.dailykos.com/story/2011/11/21/1038837/-Bernie-Sanders-explains-why-no-Super-Congress-deal-was-the-best-deal?via=blog_1
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> The republican provisional offer of a so-called compromise on revenues was a hoax--a scheme to get the Bush tax cuts extended.
>
> The Washington Post editorial this morning completely fudged this fact. It didn't lie but it didn't connect the dots either.
>
> The Times did good however.
>
> P
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