i'm not trying to be a pessimist but this latest fiasco with government not tackling this country's titanic debt and curbing their spending, resulting in the downgrade of this country's financial standing by the S&P, should be a dire wakeup call to everyone.
i know we've got financial gurus out there and others still trying to sell us short..."the country is making progesss, look the unemployment numbers went down," etc.
but it is obvious to me that the government is apparently oblivious and/or unwilling to face the truth of where we are, financially. and because they have put off making the hard decisions, i do not believe we are going to rally out of this any time soon.
Quite frankly, i'm tired of hearing people in the news media and others making statements that Obama is "doing the best he can, etc. he inherited this economy from Bush", etc.
That's a pile of rubbish. I don't see "better" i see a worse economy. the reason: NO ONE is addressing this problem in a meaningful way, let alone coming up with a do-able solution. this is plain reckless.
Let's not put the entire blame on Obama for our financial woes. This is a problem that has gone a long time without anyone tackling it because it's all about getting re-elected and paying off too many special interest groups.
now our state of the union is in financial disarray. both the Democrats and Republicans are culprits. they might as well be partners in crime as they have been negligent in doing their job. maybe history will show that they have been criminally negligent.
Because they have not acted, we are on the road to ruin. Obama and his cronies have just hastened the process.
please don't waste your time trying to convince me that this President is not aware of the extremely serious repercussions he has caused to this country by his so-called lack of indifference and his sore excuse for decision-making. You cannot convince me that Obama is oblivious to the serious damage he has done. for example:
by continuing to allow a Treasury Secretary to recklessly spend our money, patently allowing banks to drive consumers into financial oblivion, using trillions of dollars to bail these financial institutions out all the while rallying us 'round the flag that his administration is doing everything it can for us but then paying his cohorts and others handsomely for getting him elected; refusing to address our unemployment problem (just hand out more checks instead of creating jobs) and keeping the biggest spendthrift of them all, Ben Bernanke employed and in charge of printing more useless greenbacks.
Bernanke to us: "continue to place head in sand and keep printin those greenbacks to stave off the inevitable. they (that would be us) won't know the difference. they're just a bunch of grunts."
Who paved the way for this to happen? could we say right after WWII when people were war weary and just wanted to put it all behind them, or way before?
Who knows the exact date. it doesn't matter anymore. the point is that all of us are now facing an extremely serious credit crisis.and all because the people we elected to lead did not do their job.
why didn't Congress act awhile back when it was stated that "even if you taxed each one of us at 100% it wouldn't even make a dent in the debt we now owe?"
you know what's really depressing about this whole thing? these clowns won't be hurt (they've got their pensions, they've got their millions stashed away in off-shore banking accounts) but WE will. and many of us have already suffered and suffered grievously.
if you now believe that things are coming that we might not like to talk about or even want to contemplate, now would be a good time to take a good assessment of your situation. some things you need to consider:
You need to be doing everything you can to protect your savings, investments....IRA, 401K, etc. you need to be stocking up on food and water, meds, and put a family plan together; and sit down and discuss anything else you think you might need; meet with like-minded neighbors and form community preparedness groups and attend your city council meetings and find out what disaster plan they have in place in the event of something happening.
there have always been fools but the one that sticks in my head is the one that said...
"IT COULDN'T HAPPEN HERE, NOT IN THE U.S."
Don't bet on that.
These are my feelings and mine, only.
No comments:
Post a Comment