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In reply to the discussion: Obama’s Two Mistakes That Lost The Country [View all]ConservativeDemocrat
(2,720 posts)Buy gold and bullets? Lest those marauding Democrats get their hands on your precious treasures and women in the coming financial apocalypse?
Sorry, Robert Reich may be a reasonably smart guy, but he's no prognosticator. When Paul Krugman starts to issue warnings, then I'll actually begin to worry. And he says exactly the opposite of these Very Serious Articles you've dug up: debt, far from being bad, can often be quite good.
And by the way, many of the worries about evasions of financial controls are addressed by Hillary Clinton's proposed Wall Street reforms. Furthermore, there are people on Wall Street that praise the plan too, saying it will bring stability to the markets. I know this doesn't mean much to people like you - as you're as nutcase about Wall Street as Teabaggers are about Muslims - but there really are moderate Wall Streeters out there who want the place reformed, and nothing will get past congress without at least some of their support.
- C.D. Proud Member of the Reality Based Community