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It means my 401K is worth 50% of its value one year ago. It is now worth less than I've invested over the last 20 years.
Meanwhile, I've been hit with a huge tax bill because I was self employed for most of 2008. The government takes the money I worked my ass off for and hands it over to deadbeats on main street and wall street.
There's going to be a revolution alright.
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Ceterum censeo Carthaginem esse delendam.
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