It is amazing to watch the controlled destruction of the American economy while most citizens just go about with their amusements. Although Detroit is obviously the most devastated large city in America, the news is now out that many of the other metropolitan areas of the country are now suffering the same fate. My contention has always been that Detroit was just hit by the first part of this destructive wave, but I knew that it was going to hit the rest of the country. It is just not possible for the heart of the manufacturing base to be destroyed and to maintain a healthy country. But this is what people were led to believe by the mainstream media. Such is the quality of thinking and reasoning of the masses.
And believe me, the mentioned cities in the report from Forbes at the link above are not the only cities being hit by this economic depression. We know that California is experiencing the biggest fiscal deficit of all the states, so it isn't a surprise that Los Angeles is having major problems as well.
The biggest surprise to me is the non stop march of money to the Military-Industrial Complex (as Eisenhower referred to it in his outgoing speech). This country spends TRILLIONS of dollars on guns, weapons and the 'War on Terrorism' like there is no other priority. Of course, this is to protect us from these legions of terrorists who are just lurking around, waiting to kill all of us.
So let me get this right: we spend more on weapons and defense than all other countries in the world COMBINED, but we can't stop terrorist attacks without spending even MORE money? And in spite of all these expenditures, we still had a terrorist attack (WTC-Pentagon). So now we are fighting 2 wars on the other side of the world to protect America? I wonder how we are protecting America by having the Army on the other side of the planet.
Ok, even if we leave that incredibly large expenditure out of the equation, we still have the banks and other financial interests who are getting large handouts from the government while paying ZERO taxes. So these guys have GREATLY profited from the NINJA loans and other financial shenanigans (like derivatives, high frequency trading, fraudulent financial reporting , etc.), and when they get busted for all of their misdeeds and assorted scurrilous behaviors , they get free government money with no strings attached! No jail time, but 'get-out-of-bankruptcy-free' passes and the biggest bonuses & profits in their history! I'm beginning to think that I went into the wrong occupation...
The bottom line is that we are paying for America to be destroyed, and we're paying top dollar for it, all while our real economy is being decimated. So the rich get richer, and the middle class gets the privilege of being reduced to peon status while receiving the bill for all of it. What a bargain.
We couldn't have destroyed America any better if we would have given the Communists, and any other enemy of the country free access to all of the control mechanisms of the country. If this wasn't the planned destruction of America, it is definitely the best imitation of a plan to destroy America. Unfortunately, by the time people wake up and see what has happened, it will be too late. If it isn't too late already, it is very close to that point.
The worst part of it is that most Americans are busy blaming other average citizens for their own demise while fighting over the crumbs that are left of the shrinking American Pie, the people who are actually doing this (i.e., high level government officials, corporations, lawmakers, lobbyists, globalists, etc.) are sauntering away with all of the money and power.
So what are we going to do about this?
Showing posts with label American economy. Show all posts
Showing posts with label American economy. Show all posts
Wednesday, April 21, 2010
Wednesday, July 19, 2006
The President
There is evidence that the president is not too bright, and I'm being very nice and generous in this characterization of his talent and skills. It is inconceivable that the president of the United States is a moron, but all the evidence seems to point in that direction. An honest observation of his behavior, his speech, his actions and his demeanor clearly shows that he is obviously incapable of being an effective leader of this country. Let's face it. He's never done anything of any significance in his life without it being given to him by Daddy Bush. In short, the man is a 'silver spoon' spoiled frat boy. People like this commonly believe that they are much better than they really are, and that the world owes them all the good things, just because they are well-connected. He is arrogant, self-centered, spoiled, selfish, crass, rude, brash, uncultured, shallow, clueless, immature, infantile and loutish. He is totally out of touch with reality, and actually expects reality to conform to his wishes. He truly believes that he can do no wrong. Sounds something like a messiah complex. I don't think that he's really won any presidential election, but that he was selected and installed into the presidential office by the power behind the scenes. It is a very scary thought to actually believe that the American people actually elected this guy for president because that would be an indictment of the country as being unfit to have freedom. Not even the American people are that ignorant!
I'm not sure if this country can survive 8 years of this ineptitude, incompetence, and ignorance at the highest levels. Something has got to give, and from all appearances, it seems to be the American economy. Falsified government statistics notwithstanding, you have to admit that America is not what it used to be. The substance of the economy is gone. The unions have all been effectively broken, and corporate interests can now do whatever they please. The debt situation is bordering on an emergency. There is no more production in this country, all of it being exported abroad. We are on the brink of hyperinflation while the savings levels is actually negative, which signifies that we are consuming the remaining substance of the country in a cannibalistic frenzy.
Amidst all of this, the average American is content to be entertained into a drunken stupor. Maybe that is the reason that the leader is a drunken bozo who isn't taken seriously by any other world leaders. They say that the leader is a reflection of the people he leads. If that is true, then this country is smack-dab in the middle of the danger zone. If you can't see this, you are a part of the problem.
I'm not sure if this country can survive 8 years of this ineptitude, incompetence, and ignorance at the highest levels. Something has got to give, and from all appearances, it seems to be the American economy. Falsified government statistics notwithstanding, you have to admit that America is not what it used to be. The substance of the economy is gone. The unions have all been effectively broken, and corporate interests can now do whatever they please. The debt situation is bordering on an emergency. There is no more production in this country, all of it being exported abroad. We are on the brink of hyperinflation while the savings levels is actually negative, which signifies that we are consuming the remaining substance of the country in a cannibalistic frenzy.
Amidst all of this, the average American is content to be entertained into a drunken stupor. Maybe that is the reason that the leader is a drunken bozo who isn't taken seriously by any other world leaders. They say that the leader is a reflection of the people he leads. If that is true, then this country is smack-dab in the middle of the danger zone. If you can't see this, you are a part of the problem.
Thursday, July 28, 2005
The Housing Bubble
We've been so concerned and preoccupied with the 'terrorists' and things of that nature that most have probably forgotten about the huge housing market bubble that has been lingering on for quite some time. It has not gone away, and is still a great threat to the stability and long-term viability of the American economy. We are being inundated with debt, to get straight to the point. I won't go into any long dissertations about economic theory and the Austrian School of Economics, but I will say that the present course we are on is in no way sustainable. Do your research. Do NOT just bury your head in the sand, lest you become swept away by the economic tsunami that is rapidly approaching! Check out the financial site that I have in the Links list on my homepage here (Gold Eagle Editorials). The truth is out there...
Thursday, June 30, 2005
I'm not the only one...
...talking about the bad stuff going on in America. This article only confirms many of my suspicions, but the author has more proof than me. It's time to wake up and spread the word. The only people that are going to work to save us IS us! The government is in the same bed as the ones who are destroying America. They are about 90% done with the job. If we don't wake up now, we might wake up in the concentration camps. The substance of the economy has already been exported and/or destroyed. This means the end of the middle class, which is the backbone of any healthy society. This is my call to action to all those who can see what's coming. For more info, make sure that you check the links that I have in my 'links' section. Also, feel free to do your own research! Please move with all deliberate speed, as it is later than you think!
Labels:
America,
American economy,
government,
Middle Class
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