Already there is talk about the fall of the US dollar for 2008.. What a prediction !
People, I must say that in all of our research on financial future events we keep coming up with the same thing, a market crash.. Thanks to our great minds on capitol hill. Alen Greenspan shored up the economy by keeping interest rates down, but what of natural correction? Well, his orders were to keep inflation at bay by keeping the bank lending money cheep. But to what end? We are looking at the end result now.. When Bernanke was sworn in as the new chairman, he had his hands full and a different set of orders. We are now on the verge of financial collapse and it Will start from the Top Down this time.
The government says that it is our job to keep the economy going, but allows corporations to outsource labor and manufacturing to third world countries while our paychecks remain low, that is, if we haven't been put out of work by someone in India or Mexico.. But it is our job to protect the corporation's profits while they do not protect their American workforce.
The government furthers the effort of destruction by using the credit score system that forces us to have to make credit in order to have a high credit score, thus crippling our need to save (lower wages + the need to keep credit active = less saved, further equaling a week economy).
Tell me, how is this cluster f*%k thinking supposed to save the American society? or should I say, The Middle Class.
(My thoughts, either there are some seriously mentally deficient financial advisors, or there are some seriously evil treasonists on the hill).
Warren Buffet warns that the US is turning into a plutocracy. Aristotle made the statement, "The strength of the nation is built on it's middle class".
The government and the corporations are in league to make the nation economically stagnant, they will still be raking in profits, we will simply be wards of the state. AKA No More Middle Class.
The rich make the profits; The new poor (American public) is laid waste.
What deal has been made and to what end?
We have a government that has been instilling fear and removing personal rights and freedoms since 9/11, the American public has been hoodwinked into believing that they cannot rise up and take their liberties back, Tasers have been made the weapon of choice toward citizens who dare stand up to the status quo.. People have become too chicken to make a stand, they believe that the go along to get along system will prevail for them..
Well, here is a news flash America, you may go along to get along until you find yourself on the streets because you have been over taxed and under paid. Will you then wake up and take your rights back? Or, will it be too late?
There is some hope, we can get involved in the new wave of business. Although the great lie of global warming has had many holes punched into it by science, there lies the answer to the smarter of many Americans..
The ruling class has giving Al Gore the green light to create wealth out of falsehood, then the wise would fair well to get in on the Al Gore gravy train..
It will be a new game with new rules, but we can prevail if we are smart.. The other hope; Live smart.. Material things are no longer the answer to maintaining a livable life style, Brains will be the new wave.. (I'd rather have a roof over my head than a $50,000. automobile). More localized townships, more localized travel will rule the future of the new life style.
The lesson of Argentina will come to the US soon.. Face it, the US as a nation is screwed, the money has all but hit rock bottom, we have no more influence in the world, thanks to the Bush family and their greed and stupidity.. They have dragged our nation down the path of destruction for their personal gain.
Although the government has insured that the dollar will have some liquidity by tying itself up to other nations dollars, it will be in the better interest of those other nations to keep the US dollar somewhat stable, however, someone has to go down.. Will it be Citibank, B of A, Wacovia, Chase? It will happen in 2008, there will be a casualty of at least one major financial instutition.
All in all, if we are smart, we will survive this government debacle.
I hate to get into political rhetoric because I DO NOT trust politicians but, We need to keep Ron Paul in the race, we need to vote for Ron Paul.. Read about him and his stand in America.. Donate what you can to Ron Paul's campaign.
Stop the Madness, Change our government, make a difference, Vote Ron Paul..