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Old 12-19-2012, 09:56 AM   #1
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GATA's Bill Murphy & Chris Powell on Capital Account, discussing latest smack downs keep our somewhat beaten up morale up

Basicaly, they see it as (and well argue the case why) a government operation. Which, when you think about it, has some serious implications - one of them is, there will never be any prosecutions, let alone convictions. Secondly, it might go on for much longer, than if it wasn't govt. enterprise - and the only "exit strategy" to end it, will be a big reset - when somebody, somewhere starts asking for delivery of their physical, there WILL be failure to deliver (or many), and the whole thing comes crumbling down.

Which, taking into account government's achievements track record in different fields, is a given.
benjamen and Au-Myn like this.
“...the issue which has swept down the centuries and will have to be fought sooner or later is the People versus the Banks.
Lord Acton

Last edited by bushi; 12-19-2012 at 12:06 PM.
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