I agree with most of this statement, though I am highly skeptical of
anyone's ability to create a regulatory system that will eliminate economic
cycles.

On Thu, Jan 8, 2009 at 3:24 PM, Gruss G wrote:

>
> I'm saying that 70% of our economy is consumer spending based and that
> needs to be replaced by someone or something.  At the same time we
> need to fix our broken financial system as well as put regulation in
> place to stop the peaks and valleys because the public won't tolerate
> them.
>


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