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Petróleo Brasileiro S.A. - Petrobras Message Board

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  • ilap2004 ilap2004 Jan 27, 2012 2:49 PM Flag

    Byron Wein makes sense


    "The fact is, the only way out is to destroy the dollar."

    No not at all. We could start by, for example, increasing domestic energy production. That alone takes some of the heat off of the budget, because of increased tax revenues and lower entitlement payments and cheaper energy spurs manufacturing, further increasing tax reveues. It also takes the heat off the dollar because of less oil imports.

    You repeal Obamacare and put some kind of SS reform in place which will probably consist of increasing the retirement age, Romney's position, although I would prefer the hugely successful individual investment accounts like they have in Chile, but the Democrats would block that.

    Remove a lot of the other wacked out stuff he's put in, including loans to "green" companies that never will earn a profit and on the surface appear designed to reward his political allies, and his idiotic proposal for high speed rail, which is by the way a failure in other countries, contrary to what people may have heard.

    These are real things. Your statement is defeatist.

    This topic is deleted.
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