Okay, this can't be as stupid as it seems

[ppar3566]

i'll provide a link to the full text of the current Constitution:

http://www.hescominsoon.com/?p=1469

Thanks will read over time. Not sure if i want a constitution or not in my country. For the most part common law and legislation has worked well but with an increasingly hetrogenius society it might be a good idea while everybody is still playing together nicely .

 

[Hescominsoon]

When i refer to things i refer to the US..your country will have different laws, charters..etc etc..

 

[ppar3566]

When i refer to things i refer to the US..your country will have different laws, charters..etc etc..

I know, in my last post I mentioned I wanted the link so I could see if a constitution (as in the idea in general/not a cut and paste job of the US one) would be a good thing for my country or not.

 

[Avesther]

spending your way out works IF the money actually exists. Credit is not capital..it is debt and the world is so overleveraged right now there's little if any real cash to spend.

I'm not talking about the dumb dumb that has a $400,000 first mortgage on their house for their house, a $100,000 second mortgage for a vacation property, a boat and a care with all the bells and whistles and two maxed at 20,000 credit cards, all on a 50,000/year wage. These are not the people who will spend our way out of a recession, these are the people that got us there in the first place.

I'm talking about well and smartly leveraged companies and even people who can not get access to the credit they need to spend and invest. I'm talking about companies (that have been well run and managed) that need access to credit to purchase capital assets and inventories (that are paid back through their own future earnings potential). Where credit is only a temporary means to bridge the gap between cash outlay and cash inflows: hence the term bridge financing.