Is it time to bite the bullet and realize that we are NOW in a Depression? Can we survive this?
It's a complex issue and goes back through SEVERAL presidents and several Senates and Congresses. You can see ripples coming through from Reagan, Daddy Bush, Clinton, and Baby Bush. There was too much greed in the housing and stock markets. There was no oversight and people who received loans on their houses in the last 4 years should have been counseled and WARNED NOT to get a variable rate loan but the banks were under pressure from Wall Street to WRITE WRITE WRITE more loans and give Wall Street a much desired commodity on which they could make their commission portfolios rise.
Don't forget about BEHIND the scenes as well. The CFR, the Fed, our leading economists, the "London Loophole", the Ruling Families, Bernanke, Paulson, and President Bush. EVERYONE had a part in this. On September 24, Bernanke started pulling OUT $225 billion dollars from the banking market, in a direct effort to cause a tightening of funds and create a panic that would FORCE Congress to pass the bail out plan and respond to President Bush's demands that Congress be forced to their knees if necessary to get this bailout passed.
I realize the bail out is important and that it will cause a strangling effect on credit cards, home loans, and the economy if it is NOT passed but perhaps it's better to take our lumps NOW and get this Depression OVER as quickly as possible. Even CHINA is pushing to get this bailout passed but it is to preserve THEIR investment more than it is a fear for our economy.
What we need to do is tighten our belts. The war must be stopped NOW and efforts must be made on the part of the govt to curtail ALL spending until they can balance the budget for this year. THAT will be a START! NO MORE MONEY for foreign countries ... no more money to Georgia ... no more money for ANYTHING!
Bush saw the writing on the wall when everyone was SCREAMING to lower the gas prices. Had the govt made efforts to AT LEAST do THAT then the economy would have improved, the market would hold steady, food prices would have stayed firm, inflation would have been brought into check, and things would have still been tight but it would have been manageable. Bush has relied on his bullying tactics for too long. IT'S OVER MR. BUSH! You have broken the treasury. There is NO MORE MONEY FOR YOU TO STEAL! The cash cow has been drained. The Fed needs to restrict the banks. And SOMEONE needs to speak with the Rothschild family in London and get them to EASE OFF!
This CRISIS, as they call it, is being MANIPULATED by the Rothschild Family just as they manipulated France during the French Revolution. Once the PEOPLE recognize that and focus on letting the MANIPULATORS know that there is NOTHING left to manipulate perhaps we can begin to work on this problem.
THE USA needs to have a SUPER CLEARANCE SALE! JET AIRCRAFT ...HALF PRICE! We need to show the world that we CAN produce goods at really GOOD prices! We need to start drilling out OWN oil fields and supply the market at prices HALF of what the World market is right now. Our auto companies need to SCRAP the gas guzzlers and IMMEDIATELY start making the ELECTRIC cars and hybrids. How is it that APTERA, a SMALL auto company in Carlsbad, CA can make a car that gets 300 MPG and costs under $30,000 and yet Ford, Chrysler, and GM cannot!
That is ABSURD!
The Tata from India gets 50 + mpg and costs $2,500. Bush wants to waste the environment and scrub all the health laws that have taken 50 years to get into place ... why not allow the Tata to be imported to the USA and sold for under $5,000 with SOME of the Federal Safety Standards but NOT all! Remember when it used to cost $2,700 to buy a new Mustang? Remember when a Corvette was $3,500? Remember when an AC Bristol Cobra with 425 horses that got 8 mpg cost $4,000 but gas was 25c/gallon? Those days are NOT gone ... they have just been shelved.
WE CAN GO BACK TO THAT ! WE have the resources ... we have the factories ... we have the skills ... but we ALL need to work together.
Don't buy gas unless you NEED to and then only buy enough to last for a few days. If we STOP buying fuel the prices will come down. Start buying your food at the 99c store and Food 4 Less and Save-a-lot, and Smart & Final and buy the necessities, canned food, stuff that will LAST for a YEAR OR TWO. START TO HOARD FOOD NOW! If you have any relatives who went thru the depression ask THEM what to do! THEY KNOW ... they've been through it! Instead of buying bottled water for 99c/gallon go to the Geyser Water Machines and buy it for 20c/gallon. When you drive your car use it ONCE a week and do ALL your errands on the same day and PLAN your route on Google so that you can make it as efficient as possible.
Conserve, conserve, conserve.
And above all PRAY your hearts out ... not at Church ... but every DAY at HOME. WAKE UP Praying to God ... pray to Him at lunch ... pray to Him at dinner ... THANK HIM FOR everything you have and that your family is safe and that life c