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Prophets and Losses

AZhot Wrote: Feb 05, 2013 8:54 AM
Our fate was sealed when the sixteenth amendment was passed. It was easy to scam the public then as there was no instant mass communication like we have today. It would be interesting to see if this amendment would pass today even with 50% of the masses being a**es. At any rate, it's far to late to reverse this corrosive acid that has destroyed our country. This is why republics such as ours only last a short time. Life becomes too good and people become mentally and physically lazy. Enter the siren song of the collectivist's. Happens every time so far.
Texas Chris Wrote: Feb 05, 2013 9:23 AM
There is hope. Judge Nap claims that even a constitutional amendment can be unconstitutional...
Tinsldr2 Wrote: Feb 05, 2013 10:00 AM
Now that the federal government is playing an ever larger role in the economy, a look at Washington's track record seems to be long overdue.

The recent release of the Federal Reserve Board's transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much faith should we put in their prophecies today -- or the policies based on those prophecies?

Even after the housing market began its collapse in 2006, Federal Reserve Chairman Ben Bernanke said in 2007, "The impact on the broader economy and financial markets of the problems in the subprime market seems likely to...