Broken America

Image via WikipediaIn this time of economic hopelessness there are some things that people need to know about our government and our country.
     Republicans have pledged to cut billions from the U.S. budget and I think that we have all heard that most of the budget can't be cut. Why? The fact is that most countries in the world hate the United States, so in order to get any kind of cooperation from most countries the U.S. has to pay them. Both Republicans and Democrats know that we are paying billions of dollars, so that countries will not do things that are against our interest, or so that they will buy our products, or let our products be sold there, or to control who they allow to travel to our country. This is not a small amount of money it is 100 of billions of dollars. Add to that the billions we send to countries in weapons and humanitarian aide and the world is getting payed.
     The U.S. government and Congress know that we can no longer afford to pay these countries billions and billions of dollars, but they are being blackmailed by those same countries to continue paying. Neither the Government or the Congress have the guts to say no. They don't have the guts to tell countries that if they don't buy our goods we won't lat theirs into the United States. The government inability to say no to other countries has directly resulted in the flow of American jobs out of the United States.
     Companies that are based in the U.S. need to be able to stamp made somewhere else on their products so they can export them to other countries, because U.S. goods are not welcome in most countries in the world. These companies have moved the manufacturing of products to China, India, and Mexico, so they can stamp made in those countries on their labels. If they don't do that, they can't sell their products in other countries, because Made In America is not welcome there.
      The Depression we are having (it's not a recession), is directly linked to the fact that ours goods aren't allowed to be made here. American workers are out of work, because only Americans can buy goods that are truly Made In America. The fact is that since Americans can't buy enough junk, we have no economy. We can't manufacture our way out of this economic Apocalypse, because most goods are not made here. Our factories are not hiring here, because nothing is made here. Goods are being shipped directly to other countries, so they don't create jobs here. All the jobs that come from warehouses and shipping American goods will never come back because they don't exist any more. What the government doesn't want to tell you is that 13,000,000 people are Shit Out of Luck if they want to work. Those jobs are gone forever and retraining programs are only a way to cover that fact up.

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Planes, Guns, Pipe Bombs, Revolution?

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The world is crazy. People in America are taking matters into their own hands with a vengeance. The question is why. Every time it happens the questions is why. The answer is always they were crazy. Well that's only part of the answer. Mental illness has two causes genetic and stress.
If you think that most people are normal, look at your friends and relatives. Normal is a fantasy. Everyone has quirks. They just compensate for them. But take Mr or Mrs. Average and start to pile problems on them and they are less and less able to compensate. America's answers to problems are buck up and get a job. I did it. Other people's problems aren't my problem. Result, one day you are sitting at work and someone crashes a plane into your building. Not likely, right? More likely they walk in and start shooting. Suddenly their problem is your problem in a big way.
It's OK to kill abortion doctors and burn their clinics. It's OK to burn buildings to save puppies. Guess what if this is your attitude, your kids are learning that it's OK to commit violent acts. Result they are the ones that snap and walk into work or school with an arsenal.
You don't care. Everyone gets it. Well, that attitude has spread far and wide in America. People think all they have to do is pass a law. Great! After they shoot your kids and kill themselves, we'll arrest them.
It's time to look at your neighbors house and ask what their attitude toward their neighbors is, because your life might depend on it. It's time to realize that people you don't know, will do unto their neighbors as others do unto them.
Their is a lack of consideration in this country that is unmatched in only some third world countries. Americans don't want to be bothered. 10,000,000 people are unemployed in the U.S. Millions have no health insurance. I know not your problem. Well it's time to get the message that desperation drives people to do crazy things. If your kid had a disease and you had no insurance, I'm sure you would just tell them your sorry, put them to bed, and bury them when they died. You wouldn't try to save them.
Your neighbor loses his house, it's an opportunity for you to pick up a cheap investment property. Hey you got to get payed. Now the government has your attitude, because the politicians have your attitude. One third of the country doesn't vote, but they want their rights protected. Guess what. If your not a voter they don't care.
It's time that you start to care a lot. Unemployment is driving the deficit to record levels. Lack of health insurance is breaking the government beginning at the national level, right down to the local level. The recession is not going to end.
Is this Obama's fault. No! You wanted to get paid. Don't touch my money. Everything is fine for me. People learned a lesson during the great depression. It was a hard lesson, but a valuable lesson. When people can't afford to buy things. Everyone loses their jobs. The time when people paid their doctor's in eggs and odd jobs isn't gone for good if we don't push Congress and all our politicians to fix the problems that we have.
Not making a choice is making a choice and the result is usually bad. The Republicans are practicing avoidance. Hell all the politicians are. The bottom is about to fall out, believe it or not.
In the thirties Roosevelt had to act to prevent a revolution. Now, in 2010, we are once again on the brink of upheaval. People cared in the thirties, but now it's every man for himself. That attitude will result in an anger that spreads through out this country and without a sense of "We The People things could get ugly real fast.
Pointing fingers and whining are not going to get it done. A Bomb is ticking in America and the explosion could rock the roots of our freedom.
Freedom comes with a responsibility. That responsibility falls on the shoulders of everyone in this country. It's a responsibility to stand up for our neighbors and fellow Americans. That is the only thing that assures every one's freedom and at this moment it is missing.
When we can raise more money for Haiti than we can for our fellow Americans our very is core is at threat. Who will take care of us, but us? What country will ride to our rescue? None! As we go the world goes and we are a sinking ship. Our jobs are going over seas. You can't have an economy if no one can afford to buy. The less people there are that can buy the less competition their will be and we have seen with our banks what a lack of competition's result can be. I don't have to tell you that what we have is a robbery.

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Dow: 6000. Do I Hear 5?

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The stock market fell to the point that people used stock shares as wall paper during the great depression. If your financial advisor keeps telling you you're fine, and you listen, You are just plain stupid. The stock market can fail altogether. Businesses can shut down. It's happening all over.
The republicans want to punish the coountry for voting for Obama, so they and their rich freinds have gotten together to screw you. They will do anything to make the economy worse, because they think that you will turn to them out of desperation if it gets worse.
They are playing politics with your jobs, your houses, and your money. They don't care if you go down. You are collateral damage in their plan to regain power. If you need proof look at the Republican Governor that refused stimulus money. The people in their states may lose their jobs and their shirts, but they will get reelected. This is their grand plan.
The Republicans tanked the whole economy, the stock maekets, and the banks, but that's not enoough they want you on the streets selling apples. You don't remember your history people. The republicans were in power at the beginning of the Great Depression too. Their policies have done nothing, but cause economic disasters in this country. The rich have even gotten the shaft from them.
Ronald Reagan the great Republican hero caused a recession. I think every Republican has started one. Maybe they have a secret pact to cause recessions and depressions.
All their freinds own gold and platinum, so when the stock market is on life support they will sell the gold and platinum and buy stock at two cents a share. They still have millions because they got out before it really crashed, so they will then buy stock for pennies and make billions, while you walk the streets with your families. It's no problem though, because you won't mind, will you?

Hidden News Hits Mark On Dow Drop

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On octaber 24th The Hidden News predicted the Dow would hit 7000. Well folk, It's almost there and still dropping. Had you payed attention then you would have saved a boat load of monney, but were not here to tell you I told you so.
The Dow is likely to hit 6000 before this mess is over as Tech Stocks take a major hit. Tech stocks will come back though. The keys is to dump stocks buy bonds which have out performed stocks and sit tight.
This crisis is far from ober. It is just begining. As Credit Card Compnies indiscriminately raise interest rates on people the default rate will triple. People who were good credit risks will suddenly lose the ability to make payments. People who were bad or average credit risks will default like mad. There will be no amount of money the government can invest in the banks to save them at that point. They will simply fail.
The banks have chosen their own demise buy following this policy. They will force people into bankruptcy at unprecedented levels by making them unable and unwilling to pay off their Credit Card Debt.
In the mean time Congress is sitting on their hands, because the banks own them. They are so afraid of the banks they will let the econommy suffer a nuclear disaster. This is the beginning of the end folks. Get a safe. Go to a credit union, but get your money out of the banks. If you own stock you are toast. Sell it for what you can get. Liquidate all your assets if they are affected by a major bank and sit on it. Roll your 401ks into iras and run I repeat run from anything to do with a bank that offers credit cards, because once a person defaults on one credit card the rest follow like dominoes. Expect the Dow to drop to 6000 maybe even 5000.
The govenment, the media, and the stockmarket would have you think that a panic is going on, but the real story is the market is about to hit lows that can't be predicted and can not be comprehended. The Dow could simply fold, since it is only based on 30 high performing stocks. If the dow folds, it could take the whole market with it.
The result of this could be a depression deeper than the great depression and even a decade of economic failure and misery.

The Bottom Line Keeps Falling

Image by bobster1985 via Flickr

I've been fairly silent in the past month, because I was waiting for the last shoe to drop. I thought that politicians would start speaking the language of the average person, but it seems that they are still enveloped in their fantasy world.
They are playing politics as the economy burns to the ground and believe me it is a 20 alarm fire. Congress seems to be caught in the 0's culture of drugs that can allow people to hallucinate that reality depends on perspective. It seems that they are hallucinating that the bottomline keeps falling lower and lower in respect to the how soon they will be solvent again.
Every day people are looking at their retirement and their bank accounts and praying that they are caught in a bad dream. Sorry people, this is not a bad dream it is what happens when a country stops making things and all the money has been sent to asia. You see what the politicians and economists call a global economy is a fantasy that a fool dreamed up. You can not have jobs in a country this size if people are not buying goods made in the country. The bottomline is that buying american was not just a slogan, it was an economic necessity. But, companies in the U.S. were greedy and the American people wereg greedy. The companies sent all the products that were made in america out to be made overseas and the American people blindly invested in those companies. Well, the chickens have come home to roost. Empty factories that could have pumped money into the economy and kept the wheels greased are crumbling and the mask of prosperity has fallen off. People can see that the money they thought was here was never here and now the government has to print it and hand it out, so that this country will have money in it's economy.
What people and economist failed to understand was that the economy of a country is a fish tank. Monet goes around and around in a circle over and over again and it gets more added to it as it is needed, like the water in a fish tank.
So what happens when you start pumping water out of the fish tank. It runs out and the fish die. Well America pumped dollars out of the country and the economy died.
Make no mistake the economy is dead. The question is can it be revived. The answer is no. This economy is dead forever. The days of borrowing insanely are over. The days of spending with impunity have ended. A new economy must rise from the ashes of the old economy. People in the U.S. have to make things again. They need to buy what is made. This country got to be the greatest economic power in the world, because we made it better, smarter,and in large enough quantities so that products were affordable and reasonable. Now things are disposable. Nothing last like it should. People have gone back and bought the ssame things ovr so many times that they are in debt up to their armpits. They depended on raises to stay ahead of their debt and most of them did. But, and this is the big but, the things they bught were inflaated in price. They were spending money to buy things that lost half their value when it left the store. That was the begining of the end people. When you can't sell your things for more than you bought them for, when your house has no one to buy it, because the price is out of everyones purchasing power, it all comes crashing down. The U.S. economy became a giant pyramid scheme and the music stopped playing and millions of people were left without chairs. They had no savings. Their houses were overvalued and there were no buyers. Result: An economic crisis that rivals the great depression.
Of course the banks didn't help, because they handed out money like mints in a hotel and relied on borrowing more until they were repayed. But suddenly, millions of people were not repaying the money. The banks couldn't borrow more than what they could repay and they couldn't repay anything. So, the banks began to fail.We threw money at them to save them, but n one asked if they were in debt so deep that they were lost.
Obama has asked the 1 trillion dollar question. How much do they owe? This is something that Wallstreet doesn't want to know. Commpanies don't want to know either. Really no one wants to know, because if they have too much debt, no amount of money will save them. Think of all the money you won't have if they default. Nothing will be worth a plug nickle, because everyone will be broke. There will be no buying, no selling, nothing. What you have right now is what you'll have 5 or ten years from now. This is the skeleton in the closet and Obama's about to open the door.

Disaster,Mayhem,And Economic Impotency

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.

Bailout or Breaking You

Image 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.

Senate swallows Bush's Financial Fantasy Story

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.

Bush's Financial Iraq

Congress is hell bent on voting to bail out their fellow country club members. Bush continues to use fear to drive the American People to follow him blindly like sheep. Bush must be related to the boy who cried wolf, except there is no wolf within miles. The result of this bailout will be a commitment by the Federal Government to pour billions into Wall Street indefinitely. Just like Iraq, They will be back asking congress for more and more money, with the threat that the whole economy will collapse. We will see trillions of dollars going to Wall Street so that they can continue to live "The Lifestyles of the Rich and Famous while we pick up the tab. The Republican's say that without this deal there will be another Great Depression. The truth is that if it is approved threat depression will come, because the the dollar will be worth nothing after they print trillions of dollars. You'll be papering your walls with dollars and using them as box straw instead of bubble wrap.
In what is one of the most incredible lies ever told by any politician, Bush claimed that the bailout was not designed to save any particular financial institutions, after saying that people's money is safe. If it's safe then why the bailout? There is a lie there somewhere. Think about it.
The politician's have sent out a smoke screen to cover up the real reason for the economic crisis, which is the price of oil. Anyone who beleives that there is another reason for it is on crack. There was no problem until our politician's gave the oil companies a blank check to charge as much as they wanted for oil. When gas hit $4.00 a gallon, American's stopped buying things because they are putting their last dimes into their gas tanks. American's are even charging their gas to facilitate their ability to continue to get to work. In other words they are charging gas to get to work. so they can pay their credit cards and eat. Has Congress given us a bailout for that? Of course not, because they are owened by the oil companies.
The economy is headed for a major crash no matter how much they give Wall Street. This bailout is just a tactic to get past the election's before the economy crashes. Congress is just delaying the inevitable until they can get reelected and Bush is trying to get out of office before the bottom falls out. Why? The reason is obvious. He wants the next president to take the blame for his complete incompetence.
The press is so obsessed with putting Obama into office, that they are allowing our own government to sell us out. On top of that, they are living in a fantasy world where nothing exists except for the election. It seems that in their world everything is fine except that we haven't elected Obama yet.
American's have told Cogress and the president to stck this bailout in a dark location, but they persist in going ahead with it. What is the solution to this problem? Vote them all out. Go directly to the voting booth and vote them out.