Thursday, October 27, 2011

THE BOTTOM LINE, part four

10/27/2011

THE BOTTOM LINE, part four

It is not that I am a pessimist, and to an extent I am, but I have my reasons. Are you popping the  cork of the bubbly because the Dow was up 347 today, then put it back, cork it.

How can there be a recovery coming? And if it is will it apply to you also? will you be out of the hole tomorrow? Have a new job or a higher paying job? Will your children be able to move out finally? Surely you jest!

The jobs are not coming back, and the government keeps lying, education system is designed to fail us, as is the banking system, as was the housing bubble, the war on drugs,  left and right, conservative and liberals keep fighting as if they have all the answers, or even any answers at all, the they don't. The ship of nation is sinking, the fight right now is not as to who gets to be the next president as it is about who gets to read the eulogy, who gets to sign the death certificate.

First thing to remember now is this, even though the government is lying and they can make up numbers as good as the Soviets did about their economy, the US government is not in control of the economy, sadly now neither is the Federal reserve bank, we are at the mercy of the banks, the really big banks and the so called financial institutions, we are at the mercy of the "investors" who do not invest are mere gamblers, we are at the mercy of those who have loaned us money, private and foreign countries.WE ARE AT THE MERCY OF THE SPECULATORS. Remember that song, "Dirty Laundry"? These speculators are betting on the head dying, and the body too. Credit Default Swaps" were also about the housing market dying.

I am for a lot of government spending, but now a days the whole economy is based on government spending alone,  while the TEA party complains about the government giveaways to the poor and needy and elderly, I have shown time and time again how these payments actually enrich the wealthy while still leaving the needy and elderly destitute, this is counter productive , more so when the tax rates are so low that who ever ends up with the money gets to keep all of it.



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

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