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Re: Jim Cramer of MSNBC Predicts a Great Depressio
Solution in 2 parts:
1) Cut the capital gains by at LEAST half
2) Start immediate and aggressive domestic oil exploration and drilling
Simplistic? Not at all.
Oh yes, you would also need to remove the legislation written in the 90's that DEMANDED that financial institutions write a certain % of "bad loans" in the name of affirmative action (the laws that started this whole mess in the first place!).
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