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A GEFF should be the entity to keep an eye on the global government fiscal policies and their impact on the global private economy. Reagan pushed Neo-Keynesianism in a traditional decreasing income negative feedback environment and Clinton globalized it in a increasing income positive feedback market but there was no modern dynamic model to control it. Where does "priming the pump" turn into flooding the entire system out. That is where we are today and we need some independent advice to keep us out of political policy trouble in the future. "A crucial problem of practical policy occurs when self-organizing economic systems are allowed to be influenced by political interventions." - Klaus Mainzer. Noone seems comprehend the nonlinear economic system, any exogenous effects or at least the destabilizing trigger points of modern global economic brownouts. The U.N. is NOT the answer, they are too globally governance biased and dysfunctionally multilateralist. If John McCain really wants to move into the 21st Century he needs more than an economic advisor and an independent GEFF would provide a non-political free market model to base his and global deficit reduction or increase decisions on.
You cannot privitize profit, and socialize losses!
Wrong wrong wrong
http://www.squidoo.com/double_speak
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