When We Forget History, We Truley are Doomed To Repeat It!
We are now into the worst economic times to hit this nation since the great depression. This is an undeniable fact, despite the current Administrations denial of this fact! Our system of economics, of free trade and capitalism, is about to crumble around us and no one in the Gov is willing to admit it!
Instead, our Gov continues to borrow money from the private bankers at the Federal Reserve, using our, “future” earnings as individuals to guarantee the repayment of the debt it is acquiring. In a vain attempt to kick start the economy, our President borrowed $800 billion dollars and gave it to financial institutions which were about to go under from the fast and furious rush of bad loans they had made over the last 2 decades, as well as bad investments.
Indeed the very individuals, the likes of which that brought us Enron, were given hundreds of billions of taxpayer dollars in order to cover the bad speculations, mortgages, and the other multitude of scams they had perpetrated on the very people whom are their life blood. Obama the President handed these individuals mine and your children’s future in an ill gotten idea that bankers and investors would take this money and reinvest it into the country.
Alas, the greed of bankers is unending. These individuals continued to dole out millions in big bonuses to its executives and once again made stupid decisions with our money. 800 Billion dollars of yours, mine and our children’s wealth, just handed over to private banks and investment firms. Once again these individuals heartlessly used the wealth of the collective individuals of this nation, to line their own pockets.
Did we expect another result?
Obama now stands before the people of the United States and says he needs just $400 billion more, to get our economy going again. He is calling it a “Jobs Package” this time instead of a “Stimulus Package”. He is actually on tour of the United States right now trying to tell the American people to just give it time, and four more years, it will work. He assures us that it is economists that have come up with this plan and that it will work.
My question is who came up with the first round?
Oh, yeah, I forgot, Bankers!
Home much of an idiot we the people must be.
How stupid must the POTUS think we are as a nation? He must think the American people are very ignorant if we would just hand over another $400 billion of our wealth to watch the Administration piss it off.
Wait, he does not have to convince us, just the idiots we elected to represent us in the Senate and Congress. This of course is the same Congress and Senate that was stupid enough to give out the first round of our money in a failed attempt to save the economy.
These are the ones whom Obama is about to plead his case to make another BAD loan in the name of the American People from the Federal Reserve.
Our trusted Federal Reserve will then in turn print this $400 Billion dollars, from thin air!
Yep, Were doomed!!!
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