10/3/12

The problem wtith with austerity programs

The problem with austerity programs is that they hit the masses. They never deal with the enormous subsidies to special interest groups. And we are all guilty because our case is so special that cannot be touched.

The power groups in charge of the country rarely are those who suffer from the austerity. This article shows a classic example of what I mean. Just click here.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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