TSXV:SLX.P - Post by User
Comment by
farshooteron May 02, 2011 6:18pm
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Post# 18519799
RE: Minor difference
RE: Minor differenceThe first run to $50 was a scam thanks to the Hunt bros.
This run is due to the collapse of the most powerful country and currency, in the world.
Nearly two-thirds of the US Federal budget goes to NON-discretionary spending, that is, mandated spending. This includes such entitlement programs as medicare and social security. Therefore, about one-third of budget spending is discretionary ... and most of it goes to security spending!
Now ... all this Republican talk, especially talk from the Tea Party, that the entitlement progams need to be cut is just that -- talk. There is no way in hell the old people are going to agree to give up or have their medicare cut. Unlike the banksters, they are not psychopaths. And that goes double for social security. If social security is cut or scaled back, the number of homeless "in the most powerful country in the world" will dramatically increase.