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Edited on Mon Sep-22-08 11:09 AM by Darwins Doberman
Putting an extra $700 billion to $1 trillion into the economy just like that weakens the dollar substaintially, but that is common sense. Which seems to be lacking in Henry Paulson's mind at the moment.
This country will never accept a socialistic model against the thinking of "more stuff makes you happier." It will accept gradual socialization of essential things like healthcare, etc. but one in which there's a disregard of individualism and no more desire to do better than the dude next door will never, ever happen here. If for no other reason, there is no genuine left movement to discuss these ideas on a national level. We could go through a depression worse than the 1930s, and the furthest left our "mainstream" parties would go is maybe a little to the right of England's current Labour Party.
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