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Michael, A thought

Michael, It appears that the US government is spending money to prop up business whose models are antiquated or unfair, take your pick. In my opinion propping up these dinosaurs is at the expense of the next great thing, whatever that may be. That is shameful because not only will we be paying for this for generations but we could quite possibly not see the advancements that defined the last century. The decisions that are being made are so bad they have to be on purpose.

We as civilians are forced to change when times change and labor markets change. We are no longer learning to be punch card operators, but the government seems to want to keep using the figurative punch cards when there has to be a better way. Are we suffering from sunk funds syndrome where we place more importance on money already committed over money that will be spent in the future? I also wondered if you buy into the idea that the Federal Reserve is not very Federal and is completely controlled by big banking? I understand that this is not a new idea, but I wondered if you had any insight. I happen to believe that the Fed is quite possibly the biggest dupe job ever pulled on America. It seems that the issue of Central Banking is so old that we have forgotten what we are fighting about.

Submitted by Rusty (not verified) on Mon, 2010/02/08 - 8:23am » 

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