ARE WE THERE YET?

10/06/20008


ARE WE THERE YET?

There is a small fish tank in the bedroom of my daughter, it has only one gold fish. The fish swims around, and around and around. Sometimes I ask my daughter, what if the fish thinks the the tank is the whole universe?

In my poem " Shooting Star", is a verse,
" everyone alone
in their own space and time,
I would'a called you again,
If I had another dime."

That "everyone alone in their own space and time now seems prophetic.

Does the fish think that the bowl is the whole universe? Probably, well if you consider how our leaders and more specifically the financial wizards of the Wall Street have acted over the last few years. If you consider how ignorantly have the people of the FED have behaved.

Even now, the latest morons of the financial circles, Hank Paulson and Ben Bernake and the guy with the MBA, whatever his name is, think that they are alone in the universe and they are on controls and they know how to fix it.

It really goes back to what I have told you all along, that "life is a game of connect the dots, if you don't connect all the dots, and don't connect the in the right order, you will miss the whole picture".

By the time this is all over, we will be back to the real savings, real interest rates, real down payments and real credit. So how long will it take? Well, ten years or may be twenty, we have to learn to live in reality, oh that is if there will be any free societies left standing.

Why I say that, well the amounts of debts involved requires that either the federal governments, the world over, turn over all the earnings and taxes to private individuals, to pay off the cumulative debts, or alternately confiscate all private property.Other than that what are the choices?

Is it not what I have been warning you about for years?

"and I would'a called you again"
but is there anyone listening?

Bush' world, his universe, is the fish bowl called "banking". It was never more true the axiom, " you dance with the one who brung you", we have the bankers to solve the problem that the bankers created. Oh the insanity!

And it is still not enough, we fail to understand that the problem has been created by having too much of that "imaginary money", the virtual money of the unending reservoir of "God's Head" called the FED.

Like that fish in the fish bowl, Hank Paulson, Ben Berneke, Bush etal, have a limited knowledge of the universe. For them the universe starts and ends in banking, thus the problem of banking can be resolved by more banking gimmicks, if the problem is credit, then we need more credit to loosen up the credit. Yeah right!

Are we there yet? We just were black mailed into taking on another $850,000,000,000
that is eight hundred fifty billion dollars of debt for nothing, no reason, and it does not help the economy or the credit situation or makes us depression proof, or does it?

With the so called credit crisis, on which we have decided to blame everything is not the disease, the cancer has been growing since Reagan started the ball rolling, deficit spending with lower taxes, low interest rates (to keep the interest on the federal borrowing low)was and has been the malaise.

So here is word for Mr. Bush and Mr. Paulson, at the end of the movie, "Finding Nemo" as the fish escape from the dentists aquarium and make it the ocean, only to find themselve in plastic bags and wondering, "now what!", so some days life just sucks.