Wednesday, December 10, 2008

The End Of U.S. Industry

For Over Two decades Congress has ignored factory closings. The excuse they have used has been that businesses that can't compete should close. This attitude put money in their pockets from companies who watched their competition disappear, because they had moved jobs outside the country. Congress has ignored the workers in the United States and now a cut throat attitude exists with the workers who remain in this country. American workers have gone from standing shoulder to shoulder to stabbing each other in the back and Congress and industry have profited from it.
This is not an accident. Business has been fighting labor since the early 1900's
They have conspired with the government to undermined the working man by buying congress. Everyone knows that the Legislature is for sale in this country and they have ignored it. Now, the end of industry is coming and it will echo through the economy like "The Big One" they have been waiting for in California.
If the auto industry is allowed to fail, it will mean the end of millions of jobs in this country. People do not understand yet, that their companies will close. They think that this is just the auto workers. In a country where the car is king, people don't realize how many jobs and how much money the auto industry generates across the country. Insurance companies will take a big hit from this and, so will any business that has any connection to cars.
The end of the auto industry will lead to less competition in the auto industry, which will result in impossible prices. If you have bought three new cars, you have probably paid the price of their house on cars. You probably hate the auto industry because they have picked their pockets for years, but wait until foreign companies have the market to themselves. They will bleed this country dry.
If you think this is an exaggeration, look what has happened to the price of televisions. You can't even get a the smallest set for less than 500. Wait until the Chinese and the Koreans and the Aussies start to squeeze the cash out of you. The cars will last a year, cost tens of thousands of dollars and be disposable. They will be like diapers. They will last the less time than the tires.
It won't matter any, because no one will be working in the U.S. after the companies go under and 3,000,000 people lose there jobs, because all the business's that count on those people's consumption lose their jobs. Like a rock dropped in the water the waves will spread through the whole U.S. economy taking everyone who relies on their car or does business with or uses cars go down. Try and find a mechanic after the auto industry goes under. Try to find parts. If you think parts are expensive now, wait until the parts stores close and their are no dealers. People have stopped buying cars and the economy is tanking, but when the American car companies go, this will look like a party. Stocks will simply be worthless. Your retirement accounts will contain cents not dollars. For get retirement, because it won't be an option. The clock will turn back to the time when people who couldn't work went to the poor house and people simply died instead of retiring. Hospitals will be for the rich. Money in the trillions will go to foreign companies who make cars and improve their economies. Business's will simply leave the country and leave stores here and small offices and take their money with them. Try to find a job that pays more than a fast food restaurant after that.
Industry built the United States. It brought people's families to this country and that meant that there were people to buy things. The number of people grew and industry grew and retail grew. Other companies appeared to support these businesses and it went on and on. When industry is gone the people will begin to leave the U.S. to find jobs and the people who are left will be the people who don't speak the languages in the other countries and the poor. None is going to want to live here when the jobs go.
Well at least there won't be commercials on TV. Thank The Congress for the end of the U.S. before they move overseas to work for the companies they sold us out for.

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Tuesday, November 25, 2008

Overdosing the Economy. The consequences.

World map showing inflation. Grey means no data.Image via WikipediaThe government is overdosing the economy with cash. Five trillion dollars so far. This may be good news to Wall Street, but it is a massive problem for Main Street America.
Wall Street loves money. They are used to huge amounts, but as good as it makes Wall Street feel. It is a massive problem for you and I. Why?
When 5 trillion dollars hits the economy it will be like a massive overdose of heroine and the economy will be DOA. The problem is that the more money the Fed infuses into the economy, the more likely it is that massive inflation will result. Interest rates and prices could sky rocket by 100% resulting in less buying power. In an economy that depends on people buying, this would be a massive problem of unprecedented levels.
Imagine that a new 19 inch tv could cost 2000 dollars and the grocery bill is a thousand a week, but your making half as much in real consumption ability. Now you are making money but it's worthless. You need a wheel barrow to buy a candy bar.
This is what happens when there is way too much money in circulation. At the moment we are almost there. Banks will have finished blackmailing the U.S. Government and start lending. The money will hit the economy and things will be good for a year maybe two, but then there will be too much money in the economy and the price of things will start to spike. When they do go up it will be a run away train and the government will be forced to take money out of circulation by the trillions. When this happens expect an even more staggering economic crisis than any economist can ever imagine. Not only will the bottom fall out but the handle will come off. People won't be unemployed. They will be asking what a job is, because there won't be any in this country.
The bottomline is that you can all dillude yourselves that Obama has a magic wand, but reality is going to come to roost real fast.

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Saturday, November 15, 2008

Erin Maxwell Case. The real Deal.

Suicides in the United States, by race, ethnic...Image via WikipediaFirst of all let me explain that Erin Maxwell was a young girl who died by hanging in her room, in a house that had the filthiest conditions imaginable. The conditions she lived in were reported several times to DSS, but they failed to act. People have been told that her case is unique and that DSS did all that they could under NYS (New York State) law. The real story is that DSS has very wide powers under the law and is required to investigate a report of neglect or abuse involving a child on each occasion that a report is made.
The fact is that someone is lying in this case and some people may be guilty of violating NYS law. The Law says that a school and every employee in it must report any suspicion of child neglect or abuse to the school social worker and that the social worker must investigate and determine whether the claim has merit. If the claim has merit the school social worker must inform dss or the authorities.
In Erin's case the teacher's were providing Erin with clean clothes when she arrived at school because her clothes smelled of urine. She was seen eating out of trash cans also and there were probably other signs of neglect. This would have to be reported under the law on every occasion that it occurred and it would have to be documented by the school in writing. So far there is no record of this being done and if it was done and reported to DSS in Oswego County the County would have to investigate the claims thoroughly after each incident.
Erin's case with DSS in Oswego county had been closed and no one was investigating her living conditions. Point blank, someone here either lied or violated New York State Law, because DSS has stated that they had no reports about Erin in the year before her death. In any case people who knew Erin from outside the school have said that they reported her situation to DSS. The bottom line is that under the law DSS was obligated to investigate under NYS law if anything was reported by the school or people who had knowledge of Erin.
A S>U> professor has weighed in and said that Erin's case is out of the ordinary. An aberration in the system. It is true that Erin's living conditions were an isolated case, becasuse of the severity, but I know that children are regularly kept in their homes in Onondaga County when their living conditions are not appropriate. I worked for the City school district for many years and know that there were many occasions where reports were made to the social worker and DSS. The bottom line is that children are living in unacceptable conditions right now and, because these cases aren't allowed to be made public children suffer every day.
This is the states dirty little secret and it will never be addressed until it is brought out into the open. DSS should not be allowed to monitor itself. Everycase should be reviewed by an independent source to determine if appropriate action has been taken.
As for Erin's death, their is a definite possibility that she killed herself, because she was trapped in the living conditions she was exposed to and locked in her room from the outside on a regular basis. I have been involved with children who have tried to kill themselves as young as 9 years old and it is not as rare as some may think. Erin must have known that many people knew about her living conditions and she also must have known that no one was helping to change them. Imagine being locked in a room in a house filled with animal feces from wall to wall. A house where there were hundreds of cats and animals routinely died. Imagine that some of those animal were in the freezer. Is it hard to imagine that someone caught in this situation might consider suicide. Imagine how hopeless she must have been. I think that suicide is not a factor that can be ignored in this case. My belief is that the state police did not want the attention that her suicide would bring, so they charged her brother on very little or no evidence at all. No DNA or anything else that would connect him to her death, except that he was in the house when it occurred.
As to the premise that people who are suicidal speak about it, this is a total misconception. The majority of suicides are unexpected and come with no signs at all that the person was going to kill themselves. I know several people who killed themselves and it always came as a surprise. Most people who really want to die don't advertise, because they don't want to be stopped. This is a fact that most psychiatrist can tell you.

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Loan Sharking 101, The law they don't mention.

Himba lady preparing deodorant. She uses smoke...Image via WikipediaHi Kiddies: Todays lesson is on loan sharking. Jeeze, what's that! Loan sharking is taking advantage of someone's poor financial situation to charge them a ton of interest. In most states loan sharking is illegal, but it seems that states have conveniently forgotten this law. Not only have the states conveniently forgotten this law, but Congress seems to condone loan sharking. That is why your bank can suddenly jack your interest rates sky high. Under many state's loan sharking laws the banks are engaged in illegal activities. I would also like to point out that just, because it happens a lot, it doesn't make it legal.
Organized crime used loan sharking to rake in loads of cash and if you didn't pay, they broke your legs. The banks don't break your legs. They threaten you with lowering your credit score and destroying your life.
Congress and the state legisltors of every state have been paid off with donations from the banking lobby. They have been allowed to run roough shod over the american people. Regulation is a bad word in the republican vocabulary and the Democrats are down on there knees in front of the bankers and they aren't shining their shoes. Only banks can wield enough power to make the government bail them out to the tune of 2 trillion 700 billion dollars. According to The Bloomberg Report. The government have lent banks 2 trillion dollars that they have not disclosed. The Fed has refused to saay which banks recieved the loans or what collateral they put up.
The bottom line is that the government will hand over truck loads of cash to the banking industry to gain their cooperation, rather than passing a law. If the government is going to buy credit card debt, then people should get lower interest rates. After all they are lending us our money. The banks are stealing from people and getting paid by the governmentt to do it.
It is time to write your attorney generals people and tell them to enforce the loan sharking laws. Ild say if everyone calls something will happen. Pass this blog to everyone you know and let them know what the government is doing.

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Wednesday, November 5, 2008

Now The Rubber Hits The Road

Climate zones of the contiguous United StatesImage via WikipediaWell by now you know that Obama is President. It's a historic day and a historic change in America, but this is where the rubber hits the road. Obama has a mandate and now the Democrats will have to put up or shut up. There is no more finger pointing or blaming that can be done. They have to deliver. It's all on them now.
If you don't get what Obama promised, the blame lies with him and The Democrats, period. They've talked the talk. Now they have to walk the walk. My mother always said if it quacks like a duck, walks like a duck, and looks like a duck, it's a duck. Well, Obama did his quacking, walking, and appeared to be the agent of a new era in The United States, so he better get busy. He has no excuse not to do what he said. If the plane crashes now, it's the pilot that caused it.
We have no time to wait people. Things have be different on day one. They have to improve steadily. We all know what's at stake here. The future of our kids rides on it and our grand kids too.
Obama's election is not the end of something. It's the beginning of something. Let's all remember this. We've cut our politicians to much slack for too long. It's time they took responsibility and time to hold the m responsible. The country sent that message to The Republicans. Now it has to hold The Democrats to that standard. No more Lobbyists. No more pay offs. No more Washing ton old boy network. My mother always said three strikes and your out. The Democrats have one strike already from their lack of action last term. There are no do overs. They are all grown ups. They should be held accountable like you and I. If you don't work your fired. If you can't do the job you out. That's the real world. The world we live in every day. We don't have the luxury of saying present and frittering the day away. Americans work and so should our government or out they go.
Sometimes you have to try on a few pairs of shoes before you find some that fit. Americans should be prepared to do that with it's politicians too.

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Sunday, November 2, 2008

Demcrats agree not to Prosecute Bush?

Image via WikipediaThe Hidden News is looking for comfirmation of a story it is about to run concerning a deal between Democrats and Republicans not to investigate Karl Rove or any members of The Bush administrationfor crimes committed during the Bush years. We need this comfirmation to validate information from a secret source. The story alleges that a deal has been cut at the highest levels of both parties to allow any Crimes committed by the Bush administration to go uninvestigated. This would of course have to be approved by the next president. The source states that in return Republican's will cooperate with The next administration and The Democrtas in Congress. At the moment the Hidden News is not ready to confirm the legitimacy of the information. Which, mentions the possibility of pardons being granted. Please help The hidden News Confirm or assuade this information. Wea are especially interested in a response from Obama and Mc Cain about this issue.

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The Crap Shoot With Kids

Since the start of 1994,  Ford made airbags st...Image via WikipediaI know this is not political on the surface, but it is an issue that many people care about.
The recent lunacy about the herpes virus vaccine leads me to write this from an objective point of view.
I am fairly conservative in my personal view of children and sexual activity. I really don't approve of teems having sex, but life and a daughter have taught me the folly of stupidity.
I taught my daughter conservative views on sex and marriage, which seemed to penetrate her brain to a great degree, but she became an unwed mother at 20. I love my grandson dearly and I didn't consider suggesting an abortion. She did not consider it either and thus my precious grandson was born when I was 45.
The pregnancy forced her to quit college after a year and a half, She lived with the father for two years and married him, but it has been a challenge for them and sadly it has affected my grandson negatively, but this is not the real point of today's blog.
The point of today's blog is that stupidity happens. We have all been stupid in our lives from time to time. Some people are so stupid they they deny they have done stupid things. I call these people idiots. Denying that you have done something stupid prevents you from learning and growing as a person. I have a particular pet peeve abut people who blame the devil for their stupidity, because these people seem to believe that they some how were tricked in to doing something stupid. The fact is you chose to do something stupid: no matter how it turns out. People do stupid things on a regular basis. We have seat belts and air bags in our cars to guard against accidents. Many accidents are a direct result of being stupid; on one or both of the drivers parts. Most people do not disable their airbags and rip out their seat belts to prevent their children from doing something stupid and crashing the car. They realize that doing that would not make their children less likely to do something stupid. They also realize that the consequence of using this as a way to prevent their child from having an accident might result in their death. What's my point?
My point is that when the subject becomes sex, many people use this method to keep their children from having sex. The odds of sex causing your child's death is high. Never mind right or wrong or the devil. People and especially kids do stupid things that have real life and death consequences. I know at this point you have gone into denial, because sex makes you turn into an idiot, but try to follow along. One shot can possibly prevent your child from getting or spreading cancer to other people. I assume that the shot would keep the boys from getting it. I could be wrong, but in any case, there is a good chance that it will keep your daughter alive throughout her life. Why on earth would you decide that cancer is a better outcome than life, You see the virus that we are talking about spreads faster than the flu and it kills women. It should be clear that there is a chance that, even barring a stupid action by your child, there is a good chance that someone else will catch this virus. The virus can't be killed people, so basically you are putting your daughter's safety in the hands of every other person and their good or bad choice (IE stupidity). It seems that you trust everyone else more about sex than you would with a car. Do you really want to watch you daughters be eaten alive by cancer? Is it, so important to you to avoid the subject of sex that you would live to watch them have their uteruses ripped out and toxic drugs pumped through them? Is it possible that death is your choice for your child over sex? I understand the fear, but the fact is that catching this virus at any age could girl your little girl/ Forget about sex. You can tell them it's a flu shot. but for your child's sake, you shouldn't deny anyone elses or your child to live cancer free.
This is my opinion of course and it's based on my morals. I don't want my child to get and spread a virus that can kill your child, because stupidity happens, and I don't want my child to die because of your stupidity. If one child dies because of your choice, then I think you're going to have a lot of explaining to do to God and I don't like your chances.

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Friday, October 24, 2008

Economy? No, Major Catastrophe

Are you still listening to the experts? Lost your money? Who told us things were going to be great? Was it the experts? Yes, it was the experts. The real deal is this: The stock market is going to drop to drop to about 7000. Futures trading was suspended today to postpone the drop, but when those people get their transactions to the trading floor, the bottom is going drop out. Did you have a 401k? Not any more Monty. That and a dollar will get you a cup of coffee now.
So what do you do? Get out or stay in? The answer is stand pat for a couple months. Wait for the market to bottom then buy, buy, buy. One caution: Don't by any bad stock. Buy into solid companies that have a history of performing. Don't buy real estate until the bank's have reached fire sale prices on foreclosures. Until the banks get rid of those houses the value of homes will drop like a safe from The Empire State Building. Long, fast, and unrelentingly.
Get ready for a depression! If Congress says 2009 and the experts say 2009: add three years for yourself. Jobs are headed for China folks. The only people who don't have to worry about their job going to China are people who can't do their job from China. Those people shouldn't feel safe, because your jobs will go to the newest immigrants to arrive here. Need English to do your job? Your not safe either the Pakistanies and the Indians (people from India) are speaking it as a second language. Remember India used to be a British Colony. See Ya! My advice learn how to fix things. You need that, because no ones going to buy anything. They are going to fix it on the cheap. Of course you can always go into mental health. There should be a huge increase in people with Depression and suicidal tendencies.
Think I'm joking? Apply for a job at Chrysler. Oh Chrysler's for sale.

9/11 Revealed: The Top Secret Story

The Homeland Security Advisory System scaleImage via WikipediaAccording to a new book released recently, The NSA (National Security Agency of The United States. was listening to conversations between Osama Bin Ladin's headquarters and at least two of the 9/11 Hijackers while they were in The United States. The book sites Secret Intelligence sources. The sources said that The NSA not only were listening to Osama Bin Laden's headquarters, but that they knew the two terrorist were in The United States. The listened for what was, reportedly, months leading up to 9/11 and had detailed transcripts of conversations between Bin Laden's headquarters and the hijackers. Not only were they aware of the terrorists presence in this country, but when the CIA requested transcripts of the conversations, The NSA refused to share them or allow the CIA to listen to the conversations while the were occurring.
Eventually The CIA managed to tap Osama Bin Laden's headquarters also, but were only able to hear the conversation on Bin Laden's end of the line.They once again approached The NSA and they refused to allow the CIA to hear what the terrorist were saying or what had been said earlier.
As we know the attack took place and thousands were killed, but what still has not been revealed is whether The NSA had the details of that attack on tape or in transcripts, Days or even months before it occurred. One would think that it doesn't take a rocket scientist to figure out the answer to that question, but we will leave that to you to decide. As to the reason The NSA would not release the information to The CIA, sources say inter agency rivalry played a great role in their decision.
It is now clear why The government created The Office Of Homeland Security. It is not clear however, why there was a need to tighten security at airports to the extent they have tightened it, given they new about the terrorists before hand. Clearly one could see political reasons for many of the measures that Bush has taken unilaterally and in cooperation with Congress.
These facts could make one wonder if the government wanted to wire tap all Americans without the restraint of the law or due process. You take a guess.

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Wednesday, October 15, 2008

NEWS FLASH: PRESS ELECTS OBAMA!

Location of Washington, D.C.Image via WikipediaWell it's all over. The press has told you what you think now and who the winner is going to be. Why bother going out to vote? Obviously there really is no point to voting, because the press has told you what you think and they have decided the winner.
I think The Press has gotten way out of control. It just makes me so angry that they keep telling me what I think. I think most Americans are fair minded people. Yeah, there are some idiots on the left and the right that say unacceptable things. Unfortunately the first amendment applies to idiots too, but for the most part it's good.
This is not a football game. There isn't a next season to get it right. You have to stand back and look at the facts. The facts are simple. Raising taxes on anyone during a depression is bad. It takes money out of the economy and sends it to Washington and we all know how Washington spends it's money. The President makes suggestions to Congress. He doesn't pass laws. The Congress passes laws. The same Congress that you all hate. In Washington a good idea starts out in a committee and they work out a deal. They change the bill so that they can pass it. This means the good idea becomes not as good of an idea. After the Committees it goes to the floor to be voted on and people add amendments. This usually results in the rape of the original idea. This happens in The House of Representatives and in The Senate. Next The House and The Senate sit down and wheel and deal on the bill. They add things and change things and finally the pass something that has nothing to do with the good idea we started with. These are the facts. You have to decide who can twist enough arms to get a bill through Congress with the very minimum of changes, because peoples jobs, homes, and the food in their grocery cart depend on it. The fact is that Congress cares about you when they want to get reelected. The rest of the time they could careless if you fall in a hole. Obama style is to sit back and let people talk and if he doesn't agree with something he votes present. Is that what you want in the White House. McCain is wrong about taxing benefits, but that proposal would have a chance of passing in Congress. They both talk about cutting programs line by line and doing the same with the budget. The truth is that no President has the power to do that. They can either sign or veto the bill. The budget is proposed by the President, but Congress takes out what they don't like and adds other things they do like and sends it back to the president to sign or veto.
I said this is not a football game and what I mean is, there isn't away to unelect someone you don't like after they are in. You can pull your quarterback in football, but not in this game. The reality of tonight's debates was that Obama spent the night dodging questions and changing the subject. You see as much as McCain doesn't want to talk about the economy, Obama doesn't want you to know who his friends are or that he voted present 130 times in the Illinois State Legislature. He didn't have the guts to take a position and stand his ground and say yes I believe this or no I don't. You can't vote present as President. You have to make a decision and see it through.
The Press seems to miss that point over and over, so they have told you who to vote for so go do it. They run your life right? I am still considering writing in Hillary, because at least she was in touch with reality, whether you like her or not.
I'm sure she would have Bill continue his trips to Africa to support his health initiative there, so he wouldn't be under foot.

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Want To Say "DUH To The Press And The Government?

Location of Washington, D.C.Image via WikipediaWell The Press is starting to get it, but the government is in denial about the economy and Americans. We seem to live in the real world, as opposed to the fantasy world that Washington is living in with the press. We know our paychecks don't buy what they used to and that our jobs are going to India and Chine. We also know that employers are blackmailing Americans with the all to real threat that they will go to China or wherever. Now here's the world the government and the press are living in.
They think that we should borrow until we can't borrow any more, and then borrow some more. They don't seem to care if we can't pay our bills, but they sure do care if banks can throw loan and credit card offers at us until the shredder wears out. Yes, if they could pass a law that forces you to borrow they would. Obama, McCain? Don't kid yourselves. They are not offering real answers. We just keep getting the same canned ideas over and over If you believe that they are going to help you, you need to go to the clinic and get off crack. Why?
The answer is simple. When jobs and houses and oil caused us to go into shock and scrimp to pay the bills, they voted an 800 billion dollar plan to bailout the rich. If you say that's not true I say show me the check that came to bail you out. If you can I want to know why the rest of us didn't get it. Who voted for that money to bailout the bank's? Obama and McCain, that's who. What did they tell us about our bailout? We'll take care of you later, That's what. I hope you are not betting on that happening or holding your breath. The first will result in complete despair and the second will cause you to pass out over and over. They haven't talked about a plan, because they don't have one. Isn't it strange that the whole country is asking for specifics on the economy and neither of them seem to have any. This should be a clue to you, or does someone have to hit you with the kitchen stove? The fact is you need to bas your vote for the one that isn't going to rape us with taxes. You need to vote for someone who doesn't like the idea of a global economy. Global economy are the words that mean your job is going to china and the government is going to give the company tax breaks to do it.
What we need are jobs based on making things and building things. Jobs that make people want to buy made in the USA. We need to have an economy that does not have made in China stamped on it. People you need to start reading labels. Made in china means some one's job went out of the country. It means that what you bought is toxic (contaminated). Lead bas paint, hazardous chemicals, and god knows what else are in anything from China. Half of what China makes is not allowed to enter Europe, because they have safety standards, but you just go right ahead and vote your job out of the country. Vote yourself and your children into a life time of debt. Vote for higher gas prices, Vote for the biggest depression in history. I haven't decide who I'm voting for, but I'm considering on writing in Donald Duck. After all his uncle has money. Unlike us.

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Wednesday, October 8, 2008

Obama and McCain The Hidden Truth

Plot of S&P Composite Real Price-Earnings Rati...Image via WikipediaWhat do Obama and McCain know that you don't? They knoow our way of life is about to change forever.
The next seven years are going to see home prices drop like a stone. In a depression the dollar becomes harder to get, so it buys more. But it is a double edge sword, because what you make goes down. The problem with our situation is that the dollar is losing value and home prices are going to drop radically. You are losing equity in your home every day. The resale value is tanking. At the same time, there are more dollars in the economy, but banks won't lend them. Imagine a damn when water pours into the river like mad. The damn gives way at some point and the result is devastation. We have banks acting like the damn and dollars acting like the water. When all those dollars hit the economy the result will be run away inflation and devastation.
Let me explain how this hurts you. When your home value is low and money is flooding the market your house will be dirt cheap. Unless you hold it for decades you will never get your money back. Home prices do not rise as fast as other prices. This makes them a good long term investment over a life time. The same properties that make your home a good investment can be devastating. Here's why. When you buy when home prices are artificially high, the value of your house drops substantially when the home market stabilizes at it's real value. In this case, millions of houses are on the market and they can't be sold, because they are overpriced. At some time the force of the market will cause these houses to drop dramatically in price, becaus as they get run down there value decreases. Bank's know this, so they don't put money into the houses, they dump them all at once and cut their losses. When millions of houses become available on the market dirt cheap, you and everyone else sees the value of their house drop below market value. The result is that your morgage becomes a liability to you, because your house is not increasing in value. This is the case because you owe two or three times more than you'll ever get back. Think of it like a car. A car loses value every year, but if everyone suddenly needs to sell their cars the value drops like a stone until cars become less available.
What Obama and McCain know is that home values have not even begun to drop at the rate it is going to when those banks cut their losses and sell at fire sale prices. They also know that there will be too many dollars in the economy, so anyone who comes to buy your house will be paying less than you can make back, even if they give you more dollars, because the dollar is going to be worth so much less. Inflation will cause the price of everything to go up, but your dollar will be worth less, so if they pay 1000 dollars for a tv then, it will be the same as you paying 500 now. Imagine now that these people have twice as many dolllars as today and your house value hasn't gone up at the same rate. If you paid 200,000 for your house and they buy it at two hundred thousand, they will be paying the equivilent in dollars of 100,000 dollars. The result is that you will lose 100,000 dollars to inflation.
I know this is very complex, but do the math inflation makes the price of everything double, but the price of your house stays the same. What happens? you lose lots of money. This is why so many people are walking away from their houses. They know they will never get their money back. Since your home is your largest investment you take a bath. Combine this with your losses in the stock market and you have lost your retirment.
These are the things that Obama and McCaine are avoiding revealing at all cost, because they don't want to lose your vote. Did you notice that the bailout will not start until after the election? Guess what> That is not an accident. They want to get elected before the real trouble starts and so does Congress.
It's really too late to avoid this calamity. The people in the stock market understand that this is going to happen. They know when it happens the economy is going to have a fatal heart attack. They are selling like mad, because they have no idea which companies will survive. You see companies have been investing their money too and then borrowing at a lower cost to pay their bills. Companies that lose their investments and can't borrow will drop faster than the banks did. People who watch the market, and whose life is the market, are getting out faster than rats from The Titanic. It's no accident that gold is 900 dollars an ounce. Gold holds it's value.
Perhaps you have no idea how little an ounce of Gold is. I suggest you weigh an ouce of lead and see how small it is. Lead weighs less than gold.
Do your freinds and family a favor send the link to my blog to all of them. I am not trying to get famous or get millions of readers. I am trying to pass on some very important information to as many people as possible. My Link follows. Just cut and paste it into your email and send it to everyone you love. http://thehiddennews.blogspot.com/

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Tuesday, October 7, 2008

Disaster,Mayhem,And Economic Impotency

(The Depression) The Single Men's Unemployed A...Image via WikipediaI guess you missed my blog about the stock market, so I'll recap. We have not hit bottom yet. The bottom will be in the 8000 point range. Do you not get that this is the beginning of an unprecedented depression? Every major bank in the world is in big trouble, because they bought bad investments. To quote National Public Radio, Iceland is facing the possibility of going bankrupt. The whole country, get it? This is a wildfire and no one can put it out. People all over the world are feeling this financial crisis. Banks will not lend, or can not lend.
Some banks borrowed so much that they have no money to lend. They are hoping that they get paid back, but as the world economy tanks that becomes less and less likely. those banks are going to go down. These are banks all around the world, so no one can see the bottom of this. Other banks are afraid to lend, because a lot of banks are going to go under and if they do, companies that are banking with them will lose their money. According to National Public Radio, big companies can't get short term loans to tide them over, when they are cash short.
The things that you are not being told are huge. First of all, Social Security is in critical condition and medicaid and medicare are nearly doa. They are using the defibrillator on them. The government has been diverting the money from them for years to pay for other things. There are iou's in the Social Security Trust Fund from the government. This is a huge problem, because millions of people mave medical coverage through Medicare and medicaid, so guess who's going to pay when the government can't. You are. People will be in the hospitals in overwhelming numbers and with no reimbursement hospitals will pass the cost on to you. Millions of people are on Social Security and they have no other income. They didn't make enough to have a 401k and many of the companies they worked for went bankrupt and stole their pensions. If the government can't pay for Social Security what do they do?
What the candidates aren't telling you and you don't want to hear is that the economy can't be fixed. I know you don't believe that, but you didn't hear answers during the debate, because there are no answers. I'll explain.
People have borrowed themselves into a corner. They are one pay check away from losing their cars their houses and pretty much everything else. The day is here when those paychecks go away. No one can buy. We all know this. You have all seen the handwriting on the wall and you know if you borrow any more your a dead duck. The economy has been running on borrowed money. Companies borrow and you borrow and that's how they were buying. The problem is that you can't borrow your maxed out and so you can't buy. Companies have no income, because you can't buy. This means that one company after another will lay off people. Lots of people. This is why the stock market is dropping like a rock. The insiders know that the economy has ground to a
halt. Stores are not ordering goods people. They are only ordering what they can sell and since your not borrowing to buy things, they are not ordering much. The first thing people stop buying are things they don't need. Gift shopping is optional now. You may have even made agreements with your friends family and coworkers to do less this year, or nothing. If you haven't you"re one of the few. Next people will start selling things. Have you noticed that you can't drive a mile without seeing a car for sale. Dealerships are closing, because people are going to keep their cars to the till they die in the road. Everyones selling their second car, so the market is saturated with cheap used cars. Travel is a luxury now. Even ebay is laying off. If you can't see the handwriting on the wall you have your eyes closed.
Obama and McCain danced all around this crisis tonight, because it is political suicide to tell you the truth. The truth is, everything has stopped. Foreigners can't buy. Money is gone. It was in the stock market and guess what, it evaporated. Everyone in this country has maxed out their credit and so have the companies. This equals depression folks. Soup Kitchens, homeless people, people trading items to get food and help from handy men. Didn't you get a hint of this when the pipes in people houses were being stolen for scrap metal?
Americans are in denial and they are listening to people who have a vested interest in telling you that this is just the same old thing happening over again. The market has dropped before and it goes back up eventually. People, what part of this is the worst it's ever been including The Great Depression, don't you get? I know that you have no clue what that was, but basically bread crust was a good meal in those days for about 70% of the people. The government made everyone turn in their dollars and issued new ones at a two for one rate. If your not afraid, you are living in fantasy land. It's not just time to be afraid, it's time to start figuring out what you can sell. I know my grammar sucks, but what i have said in my blog has consistently happened, or is abuot to happen.

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Friday, October 3, 2008

Blackmailed into The Bailout

The University of Virginia, designed by Thomas...Image via WikipediaWhat do you do if your huge banks that hold the keys to the economy and you are about to take a big hit? You use blackmail to force the government to take on your losses, so you can make huge profit's. How do you accomplish this? You simply refuse to lend money to anyone and let it be known that the lending freeze will continue if you don't get bailed out. Is this what the banks did? Have you got some money to wager, because you can bet that's what happened.
In a country where loans fuel the economy, they have more power than the government. Congress promises an investigation, but it's a safe bet that if you elect these people back into office you will get the biggest cover up since Watergate and unlike Watergate it will work. No one is ever going to know what went on in the backrooms of the banks or how they held this country hostage until the government wrote them a check. The Bush legacy of lying to the public has a new mile stone. One that no other administration has ever been able to come close to matching and one that will never be matched again.
We are now committed to printing money faster than the credit offers you used to get. I guarantee you that the government will print money with great abandon and the dollar will fall like a rock. If you had a trip planned to any country outside the United States, you had better forget it, because you will have to hand them a suit case full of money to get a coffee. In the mean time the government will go back to Communist China with their hands out begging to borrow money. China won't need to invade us they will own us.
Expect the Chinese to wait until we owe them, so much that they can dictate policy to the United States, then expect them to take away your freedom. The Bush Administration is selling us out to the Communists right in front of our noses and no one is raising a finger to stop it.
Lead in our kid's toys toxins in our food. What else will the Chinese give us. Perhaps a new Constitution written in Chinese. The FDA has now stated that a known toxin is acceptable in our food, because the Chinese have so much clout in this country. Put a little of this toxin in to every product you eat adds up to a lot. The Chinese are murdering their own children with Melamine and now we find that it could be in a lot of our food. How many products are you eating now with this toxin in it and how much does it amount to in your diet. Better find out before you end up dead.
The Bush legacy is a history of caving in to crooked businessmen, crooked Banks, thousands of dead soldiers, and toxins in imported goods. It will be a depression that last for the next seven years and a blood bath in Afghanistan. On top of that the odds of Al queda and the Taliban taking over Pakistan and getting nuclear weapons is growing daily. Imagine Bin Ladin with nuclear weapons.
Bush has sold America out at every turn and the bailout is the biggest sell out of all. The million dollar question is where was Congress when this was happening and the answer is standing with lobbyists who payed them to turn their backs on the people. You voted them in and they sold your future out and the future of your kids out. They knew the banks were black mailing the United States and they paid them off. I wonder if they were saving our investments or their own. I'll bet you already know.

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Thursday, October 2, 2008

The Election and The Change Game

Crazy Sarah PalinImage by earthpro via FlickrWe all want a change. That's a fact. Americans want someone to change the way Washington works. We really need change. The politician's have been telling us that they represent a change during the presidential races for decades. Most of you don't remember, or don't care to remember, that George Bush said he was the agent of change. He ran as a Washington outsider, who would shake up Washington and make it work for us. Of course we all know that he got elected. Why, because you don't look at people's records and you're biased in one way or the other. You should have known there would be no change when he picked, one of the most ultra Conservative hawks to be his running mate. A man who was pro big business and pro big oil. The man was Dick Cheney. A man we have all grown to hate.
Now once again we hear that this election will change our lives and change Washington. You are all on the band wagon once again letting your emotions and biases guide you. Obama's people think that he will bring change, but who is his running mate? A Washington insider, who represents the status quot (the same policy). I watched him during the democratic debates and he stated that Obama was wrong over and over, but now he has gotten religion and some how sees Obama's policys as if they were brought down by Moses with the Ten Commandments. All in the sudden, the Washington, where he has served for over 30 years, is the problem. Why wasn't it the problem ten years ago. The fact is that Washington has always been a problem. Now I know you Obama people are foaming at the mouth, so here's the other side of the coin.
McCain is not beloved by Republicans, because he actually reads bills and votes the way he thinks is best, but McCain is stubborn. That is good and bad. He thinks that the answer to all our problems is to cut taxes and let us alone to prosper, but as you know, business is leaving our country for China daily, so a tax cut isn't going to fly when your unemployed. He doesn't understand that for the most part we don't manufacture things in this country Any more, which means that we can't find and keep work, so we can't prosper.
Obama and McCain are at two different ends of the spectrum, but they are selling change. Get your calculator out and crunch the numbers and you'll find we are screwed with either one. Look at the make up of Congress and you will find career politicians, who vote to keep their spot in Congress, but have tons of options if they lose. We all know what those options are; working for lobbyist, representing foreign governments and writing books and doing speaking tours at 50,000 a pop.
If you want change you are going to have change who's in Congress. I don't get why your neighbor is not good enough to vote for what you need, assuming you agree with them. If the people you live next to don't know your issues, then you are not talking to him or her. I guarantee you that if you took the time to ask, you would find out he or she has the same problems you do. Americans seem to forget that the majority of president's weren't sophisticated snobs. They were regular people with faults and shortcomings. I think you are all caught up in the trap, that the President has to have status and an Ivy league degree. The truth is that people with ivy league degrees have nothing in common with you. They have ten times the earning power and can pick their jobs. They mingle with people who have a vocabulary that leaves us saying, what did he mean and what does this word and that word mean. They have million dollar homes in neighborhoods where you would be picked up and questioned for walking down the street.
I am not trying to tell you how to vote. The economy is not going to improve, just because you elect one or the other, It is in the tank and it's not going to suddenly turn around. I am trying to get you to set aside your biases and listen to the candidates without letting your opinions affect you. When you start doing that you are going to have good questions that you want answered and you will see that neither side is answering questions. How many times have you heard candidates say they have a plan and how many times have they followed it? The most amazing thing is when you ask them about their plan they refer you to someone else or somewhere else. It makes you wonder if they know what's in the plan and whether they want you to know what's in the plan.
A good used car salesman tells you all the upsides of the car they are selling you, but when you look it up on car facts you find it was under ten feet of water in New Orleans. No one is checking the facts for you here and your not demanding them, so if you get that car, it's your own fault.
I always find that no one voted for the guy when things go south. Amazingly he won through an act of god. The votes just suddenly appeared. Both these guys have skeleton's in the closet. Obama voted present 200 times on bills that came before him in the Illinois Legislature. I find it difficult to believe that he had no opinion on over 200 bills. McCain is a straight shooter, but he draws to fast and has been known to make mistakes. He is a fly boy through and through. You don't have time to think at 200 miles an hour with a MiG bearing down on you. I find this a bit troubling in politics though.
Change, change,change! We all know we need the right kind of change. but saying change over and over is not an assurance that things will change. More over it doesn't mean that it will be good change. I think you had better ask for specifics, or the change you get might be your living arrangements. From your house to the curb.
George Bush promised us change and we got change. We went from pretty good times to an economic nightmare. We went from peace to fighting two wars. By the way none of these people are coming home to stay, they are headed for Afghanistan and as you may or may not know, Afghanistan has never been conquered by a foreign power. The Russians met their Vietnam there. Will we do much better?

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Wednesday, October 1, 2008

Bailout or Breaking You

FDR's Economic Philosophy / The New DealImage by Tony the Misfit via FlickrFor everyone who didn't understand the bailout and are now sitting happily on their couches thinking their 401K's are safe your wrong. Yes there insurance and la dI dA, but here's what really happened today. The Senate has just voted on a bill that tells you to go into more debt, so companies can prosper. On top of that they have assured that we are going to go into a depression for the next seven yeas. The catch is that this depression will be accompanied by an astronomical inflation rate when the, now, 800 billion dollars hits circulation in the money stream. But guess what. That will not happen until after the election.
What does this mean to me?, you ask. Well basically your money isn't worth as much, which means your not going to be able to afford as much. Basically this money is like crack is, when it comes to the economy. For those of you not familiar with crack, it's a stimulant. Now your saying, stimulating the economy is good and I will say it is, but there's a catch. In economics 101 they will teach you that there is a very delicate balance in our economic system. This means when you break it down, not enough, and you don't get a higher standard of living, but too much and it's an overdose and the economy dies. Now your really confused right? I'll break it down for you. Buying and selling makes the economy go, but the amount of money that is available, determines what things cost. If everyone has a lot of money, then the dollar may or may not be good. Borrowed money means that the dollar is worth less, because it has to get paid back and that reduces the amount of money people have to spend. Just like you can't borrow until you can't pay your bills. In the same way,the government can't borrow more than it can pay back or the value of the dollar goes in the toilet, because the only thing backing the dollar is the government's word that it will pay people back. Other countries want what they lent us back plus interest. Well you say, just print it. Well, the problem with printing more money, is that, the easier dollrs are to get the less they are worth. You know this because when there was, supposedly less oil the price went shooting up, but when there was a lot of oil it was 99 cents a gallon. Yeah, I know, you don't remember those days, but ask grandpa. Well right now there is a lot of dollars in the world, so the dollar is cheap. Too cheap. That means when you go to buy something from another country, they want more dollars than they did before to make up for the fact that dollar's aren't worth as much as money in their country. Now this makes sense, right?
Well there were trillions of dollars floating around the world, so the dollar fell and as you know prices went up. What's my point, Right? Those dollars got into the world economy slowly and look at the damage they did. Four dollar a gallon gas. Food prices through the roof. The economy is on crack. Prices are getting higher and higher. This 800 Billion dollars is the kicker. All in the sudden there's all these dollars and the government can't tell other countries that there is enough property, possesions, and goods to back it up. This is when the bank comes to you and says pay up everything now. Countries can do that too. They can say pay us the actual amount you borrowed with interest and guess what we can't. Now, no one wants dollars and they start asking the country to pay them in goods. Well the government doesn't have enough goods, but it starts sending what they have to the people who have dollars. This means that there is less of everything in this country. The price of everything goes through the roof, because here in the states there are shortages of everything.
Now here is the bad part. The money in your 401k won't buy as much, because everything costs double. You thought I forgot that, didn't you? No not at all. You can't afford to pay the bills so you can't retire and there you go your screwed.
Guess what? The cost of things are about to go way way up and the money in your 401k might get you a new car without the gas. But wait, it gets even worse. Your company can't sell anything because of the prices, so they close. Then a lot of companies close and jobs are as scarce as platinum and that's scarce. No one has a job everyone has bills and everyone owes the bank for their credit cards. If you haven't got the idea yet your not employed or employable, but basically there's not enough room in the rescue mission for everyone. Now the great Depression was like that, but this is going to be 100 times worse. My recommendation empty your 401K's and buy someone else's money. or gold or better yet platinum. Don't call your financial adviser, because, guess what, His money is already there. The rich people's money is there. the only ones who don't have there money there are people who believe George Bush and people like you, who didn't understand until it was too late, that they were about to lose everything. Of course you don't believe this and neither did the people who thought that buying a million dollar house would result in doubling their net worth and making them rich. By the way they are not living in those houses any more. The bank's and foreigners who bought the mortgages own them now. Why didn't they double their money? Now I know your either stupid or super rich. Only, so many people can afford to pay the mortgage on a million dollar house and the people who are going bankrupt and losing their houses are the people, who didn't know that there were no more people to buy their house and thought that they could get rich quick. so what's the point of all this.
The point is that the government is desperate for you to borrow money, so your neighbor keep his job and the hell with whether you can pay it back. Your collateral damage. They also want your neighbor to borrow, so you can keep your job. Wait, that doesn't sound correct right? Wrong, that's exactly what they want. Your congressman knows this is a game of musical chairs with all of you and guess what, when they stop the music a whole hell of a lot of people are not going to have a chair, but they will be out of office or working for a foreign government or any place they can find that will assure them of having a chair. Sorry that this was long, but I actually thought that you might want to know it's time to grab a chair and sit in it until the music starts playing again, in about seven years. This mean's buy nothing. If it doesn't keep a roof over your head,feed you, or clothe you, don't buy anything. Put every dime you have in the safest investment you can find. Some of the aforementioned are good. Pay all your bills asap. Yes credit cards too. Too many or too much, two words, go bankrupt or wait and go bankrupt in any case you are going to go bankrupt. Don't get caught holding the bag when they make it impossible to go bankrupt. Guess what I am doing now. Paying off everything. I shopped for xmas and i'm done. I am not going to get caught with the bag or without a chair in this game.

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Senate swallows Bush's Financial Fantasy Story

A diagram showing the front side of a typical ...Image via WikipediaApparently, The Senate has swallowed Bush's financial fantasy hook line and sinker. They have scheduled a vote and are about to assassinate the American people's financial security.
The property that Bush and his buddies want to buy has not been maintained and some of it is in terrible shape. Bush would have you believe that someone would take this property off the government's hands at some point. The problem is that the government will have to maintain it or repair it. This will cost a boat load of money and once the government owns it they are committed to it's up keep. If they don't keep it up they will have to sell it at fire sale prices. The government's record on maintaining this type of property is abysmal, so you can bet the fire sale is coming. What does that mean for you and I?
It means the government will take a huge loss and because they are pumping 700 billion dollars of new money into the economy, inflation will sky rocket. How many of you remember the days when interest at banks was between 15 and 25 percent and everything doubled in cost. This what we are in for if this passes. The dollar will become like the penny. You will be stuffing them in cans and exchanging them when the can is full. This is just what the administration wants, because their rich friends will be getting unprecedented interest on their millions. We however will be saving it cans for lunch money. The days of going out to dinner are over people. Congress and the White House just want to hold the crash off until they can get reelected and that's just what this bill does. When the election is over you can bet that we will all be paying for it in cash. Get used to buying with cash too because the days of groceries on your credit card will be over unless you happen to be in the upper 5 percent of the income bracket and they don't need credit. If this isn't clear enough for you bone up on the great depression and then throw in staggering inflation and you might have a clue of what's coming. Basically, financial Armageddon is about to hit and this bill will only make it worse in the long run.
What the government knows is that the economy is based on you borrowing. That is the grease that makes the wheels of the economy turn. If you can't afford to borrow, it all stops and you will not be able to afford to borrow after this election.

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Monday, September 29, 2008

Bail out the Banks? What about American's

Let me try to explain the public's reaction to this bailout. Why is the reaction so negative? The fact is that people don't like banks. In fact they hate them.
For decades now banks have done nothing, but charge us the highest interest rates that the market will bear. They have nickled and dimed us to death with fees and late charges and any gimmick they could find to bleed us dry. They have used credit reports to hold us hostage and to justify higher interest rates. People know that the banks have done nothing but steal from us any way they can.
Congress has allowed this behavior and catered to the banks every whim. People are tired of their behavior and Congresses turning of a blind eye to it. Now the banks come to us with their hands out and threaten us again, but this time things are different. We aren't going to bend over backwards for them and we aren't going to vote for anyone who does. The small concessions that the banks are making to get bailed out don't impress us. If they are desperate and it doesn't look like they are, then they need to change these behaviors, because the next shoe to drop is to simplt default on all the debt that americans have aqucired in credit card debt. People don't care any more. They see it as us against them. The banks have enslaved us and we don't care if they fail. It may be self destructive, but people are now making a choice between handing their paychecks to the credit cxard companies and their basic needs. They are choosing their basic needs and they know that they are not in the position they are in because of the banks alone. They are in this position, because Congress, both Democrats and Republicans have sold us out to the banks.
We don't beleive that anything will change after this bailout. They have seen Cogresses lack of commitment to changing this situation, so they aren't buying that things will change. The Congress will get reelected and continue with the same behavior that it has demonstrated over the past few decades and we know it.
If Congress is afraid of losing in this election, they have a damn good reason. People aren't going to accept this deal. Congress talks about main street and protecting them, but there is nothing in this bill that will reign in the banks and change the basic fact that the banks continue to steal from us, with unethical practices. that's the deal breaker and until that changes you can bet that no one will support this bailout.
This is a depression and people know it. It's not unnoticed that Congress won't use that word. They would call it anything, but a depression to escape the political consequences, but those consequences are coming to spite the fact that Congress will not call a spade a spade.
I suggest that you take some time off, rather than vote for this bailout. A nice trip to Europe to visit with dignitaries. Anything to avoid committing political suicide. I only tell you this because I support you and beleive in you, but if you vote for this a lot of people are not going to be happy.

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