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Tuesday, 10 August 2010 10:59 |
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Hi - this is the candid conservative with today's candid minute...
For the average person, finding a reliable way to protect your money is like playing whack-a-mole. That's the game where you see how many moles you can hit on the head before time runs out. You bonk one mole and another pops up somewhere else. Unless you're real fast, smart, and experienced - the moles will win. So it is with America's upside down financial markets. The fact that we've doubled our money supply in two years and borrowed ourselves into oblivion absolutely guarantees there will be no soft landing in these hard economic hard times. Yet our stock market is going up. Companies that we helped prop up last year because they were too big to fail are making mega bucks this year. In today's America politicians and financiers have too many tools for rigging the game in their favor. They can manipulate interest rates, the dollar printing press, our tax code, the law, regulations, and the media in ways we can't. While we play whack-a-mole - culture vultures are whacking us. The American Dream is being sold out for the American Deal...
I'm Dr. Carl Mumpower and you've just spent a minute with a candid conservative...
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