Sep 26 2008
The Greater Depression of ‘09
The great depression of ‘29, as they called it, was just a practice run for the economical devastation we are about to undergo. At least, that’s my opinion. Let me say, first, I am not a gloom and doom person by nature. In fact, several years ago I made myself a promise that I would never make any decision out of desperation ever again. So, when I predict a fall of this country in which I do not think we will recover, it is not out of an innate need to think the worst and try to rile others into making rash decisions. After all, isn’t that what our governmental heads are doing just this moment as they tell all that we must act quickly to bailout these failing institutions?
The desperate appeal and scare tactics of Bush, McCain and yes even Obama are unforgivable as far as I’m concerned. We already owe (and continue to rack up the bill) trillions for the Iraq war that was sold to us with a bag of lies. What will it take for us to ever be able to pay back that money? I certainly don’t have the answer to that question, but I do know when someone one comes up with the answer, it won’t be good for us in middle class America. Now, these idiots want to bail out these huge firms. Sure, I understand people, lots of people, will loose their jobs. So, lets deal with that now rather than make mistake by racking up trillions more debt that we can never pay back.
Can China call in a loan? I’m just wondering, because isn’t that what happens in our country when we don’t stay true to the conditions of a loan. And isn’t that what they are telling us is the whole debacle of these collapsing institutions, too many loans that had to be called in. What happens when we renege on our agreement to China regarding our loans. Does China get to take over America? It’s a strange and unconceivable thought isn’t it? I can’t help it, that’s how my brain works.
