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	<title>My Reference Frame</title>
	<link>http://www.myreferenceframe.com</link>
	<description>For individuals who think for themselves.</description>
	<lastBuildDate>Fri, 02 Jan 2009 17:31:32 +0000</lastBuildDate>
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	<item>
		<title>Having A Bad Day?</title>
		<description><![CDATA[If you&#8217;re having a bad day just remember: without doubt there will come a day in your life beyond which you will have no more days.
No one knows when exactly that day will be but it is coming.
When that days comes, if you’re lucky, you may have a moment to recognize “well, this is it; [...]]]></description>
		<link>http://www.myreferenceframe.com/tips/having-a-bad-day/</link>
			</item>
	<item>
		<title>Bank On It: Madoff Had Help.</title>
		<description><![CDATA[I saw an article today titled &#8220;Doubts grow on whether Madoff acted alone in fraud.&#8221;[1]
They better be growing.
This much money lost after years of forgery and only 1 man knew about it?
Forget it.
Madoff had help, and if I had to guess I&#8217;d start with his son&#8217;s, those honest souls, bless their hearts, who had the courage to turn their [...]]]></description>
		<link>http://www.myreferenceframe.com/investing/bank-on-it-madoff-had-help/</link>
			</item>
	<item>
		<title>President-elect Obama: A conservative after all?</title>
		<description><![CDATA[I read today that President-elect Obama is considering delaying his tax increase on the wealthiest Americans. [1]
At this time I am not in an income bracket where I would be affected by Mr. Obama&#8217;s tax on the rich: I&#8217;m in the &#8220;95%&#8221; who would allegedly benefit.
But why would I, or any other honest person with [...]]]></description>
		<link>http://www.myreferenceframe.com/politics/president-elect-obama-a-conservative-after-all/</link>
			</item>
	<item>
		<title>Robbing Peter To Pay Paul Is Not An Economic Strategy.</title>
		<description><![CDATA[And that is exactly what the recent string of government bailouts amount to: a short-sighted, desperate attempt to avoid paying the piper.
Why?
Because more debt is not the answer to our economic problems.
Capital, or value that we produce and don&#8217;t consume, is.
There are 2 ways to create capital:
1) Cut up the credit cards and start spending [...]]]></description>
		<link>http://www.myreferenceframe.com/economics/robbing-peter-to-pay-paul-is-not-an-economic-strategy/</link>
			</item>
	<item>
		<title>This Is Capitalism?</title>
		<description><![CDATA[I read the following in a New York Times article this morning about an apparent bidding &#8220;war&#8221; taking place between Citigroup and Wells Fargo for Wachovia:
Citigroup and Wells pressed regulators to seize Wachovia and let them buy its assets and deposits, as JPMorgan did with WaMu, or provide some sort of financial guarantee, as regulators [...]]]></description>
		<link>http://www.myreferenceframe.com/economics/this-is-capitalism/</link>
			</item>
	<item>
		<title>My 2 Cents On The Financial Crisis</title>
		<description><![CDATA[1) The Fed should not lower the federal funds rate today.
2) The government should not bailout AIG.
Let&#8217;s end this so we can move on (told you it was 2 cents).
*Update*
Just heard news the Fed is keeping interest rates steady.
This, in my opinion, was the right long-term move for the American economy.
Now let&#8217;s see what happens with AIG.
]]></description>
		<link>http://www.myreferenceframe.com/economics/my-2-cents-on-the-financial-crisis/</link>
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