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Re: schools

Lately, Counties, cities, and States have been having to do what they do to get out of their debt and reckless spending habits. For the most part, it has equated to tax increased DURING a recession.

When the Federal debt comes due. . .watch out. The responsible people that work for a living and the business that compete locally and globally are going to get it right in the jugular.

It will take us years to get out of this; and if the market climbs, it's going to be a slow "Japan in the 90's-style" white-knuckle struggle back to where it was.

Believe me--I don't want this. I'm just predicting.


Jun 22, 2009, 21:42


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