AS ROME BURNED

06/18/2009


AS ROME BURNED

As I wanted to use the phrase "AS ROME BURNED" as my title, I googled it to see if it had been used in regards to our current situation before. I have come across the title and you can read it also at, http://monthlyreview.org/mrzine/wolff130208.html. published in Feburary of 2008 it does however confirm my beliefs of August 2007 here at http://tombstone001.blogspot.com/2007/08/breaking-thebanks.html So I am not the only one being scared by or has been scared by our situation, but what I am about to write here and suggest to you is not at like what is in the above article, so it will be worth your time to continue reading.

In my earlier post, I talked about Honor vs Honesty, http://tombstone001.blogspot.com/2009/06/honor-or-honesty.html
but first, let me remind you I only write about how I see the things, and i don't tell you what to do, I show you the reality, as i know and see it, what you do , if you learn anything, is totally up to you .

There is a police strategy, you keep the criminal talking and sooner or later a bit of truth will come out. So it was when the American ship was hijacked by the Somali pirates media were talking about the business model. I suppose then that in a free market economy, the industrialists are no more than mere criminals in business suit, but with the same moral standing as the hijackers.

We all know that the communism failed, we celebrate that, do we yet know that the capitalism has also failed. We have been living a lie for the past thirty years. Tax reductions do not increase government revenues, no matter how you slice it. I have also proposed and explained that all money spent is actually and in fact government money, that the rich do not create jobs so you can buy food and iPods for your kids, the government controls the purse strings and "creates" new money as the economy expands.

For the last three decades the government has gone crazy and become irresponsible. As the manufacturing was shipped overseas and imports increased, the government kept increasing the money supply and kept the interest rates low to cover up the problem of lack of revenue, we should know that if the interest rates went up by just two points the deficit (due to increase in the interest payment) will become untenable. The opposite, if the interest rates are kept low the dollar will fall and inflation will go up.

In the midst of all this, we are spending money to keep up the false facade of a high standard of living, because if the standard of living of the Americans was to fall drastically and suddenly, there could be great problems.

At the same time, the commiseration media, also called the talk radio, keeps fanning the flames of stupidity, blaming Obama for all that has gone wrong with the country and there must be idiots by the millions who are buying the horse manure, dished by the likes of Hannity, Limbaugh and Boortz.



LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE