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Re: President Obama Destroys Economy!!!
Data indicates that what destroyed the economy is greed. Greed is when you want something you cannot afford so you borrow more than you can pay to have it. Greed is when a greedy person loans money that belongs to someone else (aka pension funds) to other greedy people to buy things they well cannot afford at excessive interest knowing full well, with data in front of them, that the chances of getting that money paid back to the people you borrowed the money from in the first place are statistically lower. Greed is when you invest, then leverage the value of the initial investment to re-invest, with intention to double the return. Greed is when the investment is made in something that has inflated value from the greedy fellow investors. Greed is using money you do not have to take and buy things that do not belong to you nor did you earn them.
The bubble of greed started in the 80's. Movies were made about it. It was pointed out for years. Now the margin calls are in, the loans are due, the values are adjusted to actual rather than inflated, and the greedy are whining and blaming someone who has been in government office less than (4) months for activities that have been going on and building up to this for years. The words "america" and "greed" and "consume" have been put into the same sentence for years. Now suck it up. You have nobody to blame but yourselves. Want sympathy? Borrow some more imaginary paper money from each other and buy some. Eventually you will be able to invest in "sympathy options" and "sympathy futures" that will then artificially drive up the costs of purchased sympathy. Said investments, sadly, will probably be offered by the greedy along with other interesting markets like "carbon footprint credits" and others of imaginary value.
Now ima go watch "flip that house" to see if I can "add" $10,000 "value" by making $500 improvements on my bathroom (laughing). Looks to be a busy day.
WII
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