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Goldroom
by Gary E. Andrews - 10/08/26 01:40 PM
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SOMA
by Gary E. Andrews - 10/07/26 11:11 PM
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Joined: May 2001
Posts: 7,412
Top 30 Poster
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Top 30 Poster
Joined: May 2001
Posts: 7,412 |
Well, I raalise it is hard to see the whole picture when you weren't there when it happened or haven't researched it. I can only skip over the events that have brought us to where we are today but let me try. For some reason we had a depression in the 30's. Don't know exactly what happened but I suspect there were speculators that thought they were going to get rich from nothing to get rich on. Somewhat like the housing debacle today. People thought they could buy houses for a good price and sell them a few months later for a good profit. However the market can't sustain the ever upward prices so the bottom fell out.
Our great president Franklin D. Roosevelt got Social Security passed, even tho some were against it, it became reality. As of today it is going towards running out of money because there isn't enough money coming in to sustain the system.
Enter our next great president Lyndon Baines Johnson, a Protege of FDR by the way, who sold the people Medicare and suggested it would only cost about 9 billion dollars to run and sustain. It too is in the thros of failure but many don't pay attention to the ever mounting National debt of which is now over 11 trillion dollars.
The people were sold a "Pig in a Poke" and they bought it. Not all but most. And the people were left holding the bag. And let me repeat, People voted for this by keeping policitians in office that gave them what they wanted. Don't blame the policitians. A lot voted against these socialisim issues.
While some may want to deny all these facts it was the Democrats that started us down this primrose path. And we are headed right back to where we started in the 1930's. The question now is will the people be smart enough to not go down this primrose path again? While some Republicians may have voted for some of this from time to time they certainly can't be held responsible for the disasterous results. The facts do not square with passing around the blame.
There may be some good news however. Supposedly more conservative veiws are in the pipeline of which will eventually repair this grand experment of the last 70 plus years.
The housing crunch certainly speaks for itself.
Ray E. Strode
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