The Banks are squeezing every last dollar they can from everyone they can get; I know, for they have

I understand that we are not to be in debt, so I am not sharing the following with you wanting to be scolded for being in debt. What things are is what things are, and some of us for various reasons got ourselves into situations that necessitated taking on debt and now we are getting ready to pay dearly for it.

Sparing you the details, for they are not important, let me simply say that the following are the facts:

1. We have never been late on any obligation for twenty years.

2. We live in a home that when re-financed in May of 2007 had, at the time, a full one third equity position. In other words, there was deliberately room left for unexpected expenses in the future.

3. We have 7 credit cards with balances on them and another 5 with zero balances.

4. Our income and expenses are the same as they have been for many years.

5. NOTHING has happened, on our end, to alter our situation in the past year and one half.

With these facts in mind, let me tell you what is going on. We have three credit cards that all go through the biggest bank in America. We have had these cards for between three and ten years. At times they have had balances approaching their limits and at other times balances of zero. NEVER has there been a late payment, over credit fee or any other negative. At present, all three carry balances which are at or below 50% of the credit lines.

Last week we received notices with the bills that as of December, the interest rates on all three cards were going from 6.99%, which they have been at for years, to 18.99%. As if this was not shock enough, we were informed the credit lines on all three cards were being frozen at current levels. Although we were able to “opt out” of the rise in interest rates by guaranteeing we would never use the cards again, we effectively were shut down by a bank we had up until a month ago, EXCELLENT relations with.

Yesterday the exact same thing happened with another bank we have two cards with. In both cases the so-called justification for the action was the bank did not like our “debt to income ratio”. Hello, it is the same as it has been for months. Before I had a chance to take all this personally, I did some research and found out what is going on which pertains to any of you carrying credit card balances.

A very trustworthy source, whom I trust completely wrote in an article yesterday that all the major banks and financing institutions are in the process of dealing with 2 trillion dollars in bad credit card debts. To handle this, they are systematically going through their clientele and doing exactly what they did to us with all but the very best customers on their books. In other words, they are cutting their losses by assuming anyone not making $500,000 per year is going to default on their credit card bills and thus they are freezing lines of credit and charging outlandish interest rates.

This has been going on for months and months with those in deep financial trouble, the difference is that now it is spreading to the “common folk” like my wife and I. The banks are bleeding money faster than Uncle Sam can give it to them. Look at the stocks of all the major banks and they are nearing the point of being worthless. No amount of money poured into the banks is going to help, for they are slowing slaughtering the very people who could have made them money via mortgages, loans and credit cards.

We recently found out that the same home which we had one third equity in 18 months ago now mysteriously has basically no equity. How on God’s green earth can a home lose 30% of its supposed value in 18 months? At the current rate, we will be “upside down” within six months. Oh how the vultures are circling as they make their plans to snatch this attractive property and acreage out from under us. All we can do is pray and do the best we can. These matters are way bigger than we are.

Don’t be surprised if any outstanding lines of credit you have get frozen soon. Don’t be surprised if the assumed equity you think you have in your home suddenly evaporates into thin air and you find yourself owing more than someone says your house is worth. Don’t be surprised if the reward you get for paying your bills on time, not being extravagant and trying to save money via retirement accounts is having to file for bankruptcy along with 50 states, thousands of cities and in due time, the United States of America.

Yes, that is where this is all heading. Sooner or later the government’s funny money will not be worth the paper it is printed on and no matter how much of it you make or save, it will not be able to help you. Those who sit back thinking they are safe and secure, will see sudden destruction come upon them. Those who thought they had enough in savings to carry them through their retirement years will be trying to survive on Social Security checks alone. Those who thought they had money to burn will find that money has all been burned up.

America’s chickens HAVE come home to roost in the sense that gross mistakes made due to greed are destroying the very financial foundation of this country. All logical measures which could really help the common person are laughed at and rejected outright. Instead, more and more money is thrown to the hungry ravenous wolves which represent the corrupt financial institutions of this world. They will never be satisfied until they have gobbled up every dollar from every soul in America. God help us.

How about giving us all an equal share of the next 5 trillion

It has been conservatively estimated that the United States Treasury together with the Federal Reserve Board has loaned and/or given approximately 5 trillion dollars to banks and other financial institutions this year in their attempt to stabilize the economy. Everyone keeps talking about the 700 billion dollars involved with the bailout measure, but there were huge amounts of money involved as far back as last winter being loaned to banks at low interest rates. Little, if any of this money ever has been repaid.

The mere mention of a figure such as 5 trillion boggles the mind. When the word “dollars” is added after it, the mind cannot possibly grasp the immensity of it. Not too many years ago, a very wealthy person was called a “millionaire”. Anyone who owned a million dollars was looked upon as one of the richest people on earth. Now game shows have prizes of a million dollars.

These days the people who are very wealthy are called “billionaires”. There are only a few of them in the world, but they pretty much dictate much of what goes on in this world due to their incredible financial influence. The Warren Buffet’s and the Bill Gates of the world truly are in a class by themselves as far as their net worth. But, as rich as these people are, none of them even come remotely close to being a “trillionaire”.

When these kinds of numbers are tossed around, no one can possibly grasp how big they really are. For people like me, a hundred dollar bill is still something very special and unique. It would take ten billion one hundred dollar bills to equal a trillion dollars. Logically, it would take 50 billion one hundred dollar bills to equal the 5 trillion dollars spent to try and save the American banking system. I hope all these big numbers have gotten the point across that we are talking about a lot of money.

On the other side of coin (so to speak), in the African country of Zimbabwe, they have such horrific inflation that their money is basically worthless. Before they revalued their currency recently the following shows how bad it had gotten.

Can you honestly imagine spending 10 trillion “whatevers” to get some breakfast? I guess you could if the value of your “whatever” was basically zero. The more these huge numbers are tossed around, the more it makes you wonder if the day is coming in this country when a cup of coffee will cost a trillion dollars.

If I were running this country, instead of giving the banks 5 trillion dollars to squander; I would divide that number by the 300 million people in this country and GIVE each one of them an equal share. Talk about stimulating the economy. If each person in this country received an equal proportion of 5 trillion dollars, the amount each would receive would be:

$16,666.666

Food for thought.

the staggering cost of receiving medical treatment–is it worth it?

Let me be brutally honest here. I have a list of physical ailments and corresponding medications and therapies needed to deal with them that is a mile long. With situations ranging from heart failure and coronary artery disease to diabetes to numerous herniated discs in my neck and back to kidney failure to liver problems along with skin issues; I have little choice but to try and survive on my paltry $600 disability I receive monthly from Social Security.

My life is spent going to one doctor, therapist or procedure after another. My money is spent on various drugs needed to somewhat keep all the various conditions under control along with the co-pays and deductibles for all the visits and drugs. Just yesterday I say 4 doctors in one day and spent $100 in co-pays alone. My wife also had a physical problem yesterday which resulted in her seeing the doctor. The final bill for co-pays alone came to $125. She made $130 working over 8 hours yesterday.

Now granted, yesterday was somewhat unusual since I had two doctor visits that only come up every three months, but when an entire day’s earnings are used up just visiting doctors—Houston, we have a problem. Due to the treatment regimen needed to deal with my back and neck problems, I must see the Chiropractor/therapist/medical doctor three times per week for the next few weeks. This is a $100 per week commitment. To get the prescriptions filled to relieve pain and speed the healing process cost another $50. The gas to make the drives cost another $60.

We recently had to make the yearly decision as to taking the high or low option on insurance through my wife’s employer. The basic difference came down to whether the insurance would pay 70% (low option) or 80% (high option) and whether co-pays would be $35 (low option) or $30 (high option) for doctor’s visits. The difference in price for high vs. low was an incredible $45 per week. In other words it was going to take $45 more per week to get insurance to pay 10% more of the bills.

We, as usual, chose the low option with a $40 medical re-imbursement option. Even choosing this package, the cost per week is $85. Some would say that is a small price to pay to have decent insurance; I would say that we are thankful to have the coverage, but…

If I had to go in the hospital for any of my various maladies, I would be responsible for a $300 per day co-pay and then insurance would only pay 70% of the cost of all things done while in the hospital. A one week stay in the hospital would cost a staggering $3,000 or more probably. Needless to say, I avoid any trips to the hospital like the plague.

I put off getting a bridge put in my mouth for a year. This is the third of four needed bridges. Since insurance only pays a fraction of the cost, I was left to pay the rest. Last week, an astounding $4,500 was charged to my Care Credit account to pay for a major bridge, a crown and other needed work. Last year a similar bridge “only” cost about $3,500 which was slowly being paid off. I am now maxed out on this account so I can only pray for no more emergencies.

I had to get the truckload of mail order prescriptions filled last week. The bill was just under $500. Trying to find the means to pay all these bills along with everything else is frustrating and a lesson in how people end up hopelessly in debt. Even if there were no other obligations, staying on top of numerous and varied medical conditions ends up eating all available funds plus more. Yes, things like Care Credit help with Dental and Veterinary bills (a staggering sum to care for our sick dog which recently passed away), and hospitals will set up payment plans at times for big bills. But they also want you to cash in retirement accounts and drain savings plans also.

Everyone talks about the reason people like my wife and I are in the dire straits we are in financially is due to our irresponsibility concerning finances. They say because I am lazy and won’t go find a job and insist on being sick all the time we are in the mess we are in. Here is my question to those who blame me for all our woes. Should I, as Jimmy Stewart tried to do in “It’s a Wonderful Life” go jump off a bridge and at least end the constant draw on finances my ailments bring? Should I hope to get killed in an accident on the Interstate so my wife can collect from a couple of accidental death insurance policies I have? Am I to try, at almost 56 years of age to find work knowing I cannot faithfully show up and do the job?

One of the doctors I was at yesterday was in a foul mood. I was ten minutes late due the previous doctor talking on the phone for fifteen minutes with his financial broker. The doctor in the foul mood spent all of five minutes with me and was obviously upset for I was his last patient before leaving at 10:30 in morning. I could hear him complaining as the nurse did the pre-work about patients not respecting the doctor’s valuable time. I should have walked out then and there. How many times have I waited for hours on a doctor hopelessly behind schedule.

If I could survive without medical care, I would. If I could survive without prescription drugs, I would. If I could guarantee an employer I could and would show up daily to work and do the job without being in a drug fog, excruciating pain or having to leave to go to doctor visits three times per week, I would. Since I can’t, what else can I do but what I do?

I hate being a physical liability to not only my wife but society. Should I move to Oregon and ask to end this life? Am I to sit in front of stores with a can asking for alms? Am I to ignore all my medical conditions and let them slowly kill me? I wish those who quickly condemn some of us for the situations we are in would honestly look at what got us in them instead of blasting us with their self righteous and pompous sermons about responsibility.

Which is more risky; 700 billion with no oversight to government or $25,000 to each adult in the country?

No accountability for the 700 billion bail out money. No one knows who has received how much and what is being done with the money already given. Is this any way to run a government? Of course it is when we are talking about the United States of America.

There will, no doubt, be some bail out for the GM, Ford and Chrysler. They will be handed the billions of dollars needed to appease the UAW and keep the multitudes of high salaried top officials happy. Meanwhile, where is the bail out for all the small businesses in America? Where is the bail out for the beleaguered families unable to make ends meet?

These crooks who parade around the halls of various official looking buildings in Washington should all be hauled before tribunals and sentenced to life in prison for high crimes and misdemeanors against the American people they swore to serve. These people serve no one but themselves and the influential power brokers who tell them how to vote and who to give away money to next.

The corruption in Washington has reached epidemic proportions and has nothing to do with which political party a person belongs to. The vast majority of all Congressmen and women are pawns in the big game being played out by the groups who control the affairs of this nation.

California is burning and no one cares. Texas and Louisiana were steamrolled by Hurricanes Ike and Gustov and no one cared. FEMA is out of money along with the Red Cross and most charities. The only ones with any money are the big banks who just keep getting more and more “loans” from the Treasury and Federal Reserve.

I am tired and I am angry. I have tried to help people in distress and find resources for those in need for a long time. There is no one around to help for all their resources are being spent to stay afloat themselves. The money situation is way past the crisis point in this country. It is at the “there’s no way out” point.

How can those entrusted with the oversight of 700 billion dollars not have a clue where the money is going and how it is being spent? This to me should qualify as illegal or at least grounds for an investigation. But no, we must find billions more to throw at the tired old automobile giants who should have changed their ways years ago. We must throw more and more money at situations which need to resolve on their own.

If the government gave a hoot about us, they would allow us to withdraw one time from our 401K plans and IRAs without the atrocious penalties normally incurred. Sure talk of this surfaced awhile back and then vanished. Many of us will have to pay the penalty soon for we have no other source of money but our retirement accounts.

If the government simply gave every American family $50,000 with no strings attached what would happen? How could whatever would happen be any worse than giving banks hundreds of billions of dollars with no oversight? What would people do with that kind of money anyway?

Most of us would immediately pay off debts. Guess where that money would go? TO THE BANKS. Next up we would pay down on our mortgages. Guess where that money would go? TO THE BANKS AND MORTGAGE HOLDERS. Some of course would spend the money on big screen televisions and computers and furniture, etc. All of a sudden the retailers would make money again.

But this solution is to simplistic for the morons who run this country. To simply give the people the money is irresponsible for they cannot be trusted. Since when can a politician be trusted, especially with money? The government’s response to this whole fabricated financial mess has been convoluted and irrational. But what do you expect from a body of people whose only mission is to make themselves and their cronies rich.

I say give every citizen of the United States over 18 years of age a check for $25,000 with ZERO tax liabilities and no strings attached. Sure it would cost a bundle of money, but nowhere near the 5-10 trillion dollars flushed down the rat holes of the banking and other financial businesses.

Watch would happen to the United States economy within a month if everyone suddenly had $25,000 to work with. Some would invest it, some would spend it, some would save it and many would use it to pay off debts. Regardless, it would be used in a way to stimulate the economy and stabilize not only the financial markets but thousands of household’s budgets.

Of course my plan is only in my dreams and will never happen. Oh well, it was a nice dream for awhile.

The Commandeering of the Financial, Business and Mortage Industries=New World Order nearing completion

How can anyone sit back and say “all is well” while watching one government after another take over ownership in part or in full of its financial institutions? How can people honestly think it a good thing for their government to assume control of the very institutions entrusted with the life’s savings of its citizens? Those who have sat back and watched without comment the unprecedented takeover of the wealth of one great country after another need not bother complaining when they soon wake up and find they have no personal wealth remaining.

It is purely delusional thinking at best to think that any lasting good will come from the commandeering of first the mortgage industry, then the investment banks, then the banks and soon many businesses by the government. Dangling financial bailout money like a carrot in front of desperate business owners in return for part of full ownership in their business is pure folly, yet it is happening at breakneck speed.

Who in their right mind would think this whole financial fiasco is not contrived? These things which have happened did not take place by accident. The current credit squeeze did not just happen overnight for no reason at all. This was all a carefully planned and executed endeavor on the part of those who pull the strings of the world’s political and economic power structures to capture and transfer the world’s wealth to themselves.

While the common business owner, mortgage owner and individual highly in debt rejoices in the daily announcements of “free money” to bail them out of mistakes they made though greed or bad judgment; those who are assuming control of the nation’s assets are smiling all the way to their vaults where they will be storing the deeds to the nation’s real estate and ruling jurisdiction over the businesses which produce the wealth.

Ladies and gentlemen, the Illuminati have won. There is no turning back what has happened the past month. The transfer of wealth is nearly complete. Now all that is needed is a period of relative prosperity to promote the mistaken notion that all is well and then the big collapse will strike and suddenly millions of people will lose their homes, their businesses, their bank accounts and stocks. Once this happens, there will be no recourse but to cry for what could and should have been if only…

Sell your stocks, cash in your CDs and buy gold. Sell your expensive house with the sky high mortgage and find a little place to rent or buy to fix up. Liquidate your assets and take the earnings and invest in gold, silver or other tangible commodities whose value is not imaginary but real. Sell your business and concern yourself with being self reliant and self sufficient instead of laboring 20 hours per day to keep the government off your back.

What has happened and is happening before our very eyes is the long anticipated and much denied takeover of America by the big money, new world order elitists who will never be satisfied until they squash the common person and succeed in grabbing everything he has spent a lifetime earning and saving. Anyone so naïve as to think the American government acts on its own in the interest of its citizens welfare obviously has much to learn.

Don’t take my word for it. Invest some time and honestly read about the agenda and grandeur plans those promoting the New World Order have worked from for centuries. This is not merely another conspiracy theory, this is what is happening even as I type this blog post. It is absolutely mind boggling to watch what is taking place under the very noses of an apathetic and brain dead American public.

Can you not see, have you no eyes to behold what is happening? Everything in every realm is cascading at breakneck speed toward governmental control of everything. Sen. Obama is running ahead in the polls based on the mantra of “change”. The change he promotes and is cherished by so many is that of the government taking over everything and then providing for the citizens. Socialism 101.

It is too late to change course and there is little if anything that can be done to alter what is to come. Americans fell for the ploy and not must pay the price for their greed and blindness. As everyone’s retirement accounts dwindle and their homes lose value; there waiting with eager anticipation is the savior and messiah who will ride in on their white horse to bailout the moaning and suffering masses who cannot fix the problem themselves. All hail the power of the government who shall redeem the people from certain destruction.

Integrity and Honesty vs. Greed, Corruption and Lies=The American battle

No country, no matter how might it is, can expect to maintain its greatness if it violates principles long enough. The Roman Empire ultimately fell because it ceased doing the very things which had led to its power. The great empires of a few centuries ago fell into disarray because of greed and the failure to abide by the governing principles which led to their rise.

The United States of America has steadily gone downhill during the very time it appeared to the world to be gaining strength. Ever since World War II, this country has veered in the same direction which led to the fall of the Roman, British and other once great empires. When the truth is no longer held sacred and greed is allowed to rule, the inevitable result will be collapse of the system.

Almost an entire generation saw nothing but prosperity starting in 1981 and continuing until 2007. There were certainly a few bumps in the road such as the “recession” of 1992 and the period after September 11, 2001; but by and large, most Americans were “blessed” with an unprecedented period of financial prosperity which enabled millions of people to move up to the coveted “middle class” or even higher.

If Americans would have saved and wisely invested their new found wealth, there would be no crisis at the moment and this country would be the envy of the world. But, once greed and selfishness replaced conservative financial stewardship and charity; disaster was inevitable. Greed breeds corruption and abuse of power which spells calamity. All that has been exposed by the huge investment banks on Wall Street shows clearly the pattern of unbridled greed and the evil that springs from it.

I remember traveling to see a friend in western Connecticut in July of 2007. I was amazed to hear of and see the incredible properties which were only the SECOND homes of the high finance people who ran the big investment banks and worked on the trading floor of Wall Street. These huge properties were used only a few weekends per year and a few weeks in summer. One such property, in need of much work, was on the market for a few million dollars. I am sure it sold before the collapse.

Those who made hundreds of millions of dollars at the expense of those they allegedly served are guilty of high crimes and misdemeanors. Those who continued to pad their own pocket even as their companies sunk into bankruptcy need to be prosecuted for fraud and thrown in prison for a few years. Those who caused the very crisis we all are enduring through unethical and many times illegal activities need to be held accountable for what they did and serve appropriate time for their crimes.

The government can continue to throw non-existent money at the financial monster devouring this country’s assets, but it will do no good if nothing changes from within. If those who oversee and run the banks and other financial institutions are corrupt and unethical, all they touch will reflect their evil ways. The government could bail out every bank and every business and every family which is in deep financial trouble and the problem would still not be solved.

Unless the underlying problems of greed, corruption, fraud, extortion and lies of all sorts and kinds are purged from the financial sector; the same problems will resurface again in different places and with different people. Honesty, integrity and commitment to principle must be honored regardless of the price that must be paid. Simply waving the magic wand and producing wads of money to throw at the problem solves NOTHING. Unfortunately, this is all that is being done and all that will be done due to the agenda of those intent on taking over the wealth of this world.

World’s Money Men Winning the Jackpot of OUR money

The experts tell us there will be another “bloodbath” on Wall Street today. There may be, or it may be another “dead cat bounce”. All that matters is that the American public was told if the big 700 billion dollar bailout package passed, all the problems would be fixed. Anyone who bought into that line probably falls for the e-mails saying “you won the European Lottery…”

If Congress ever did its job correctly, which will happen when I win that European Lottery, they would have passed long ago all the “sweeteners” that enabled the bailout bill to rush through the House on Friday. I find it an insult on my intelligence that these people think we are all so dumb to not see what they are doing. They sit on legitimate bills that honestly help the American taxpayer and then throw them all on a doomed bailout package to pick up votes from nervous Representatives worried about re-election in their districts.

So, now that we all get to pay for wooden arrows and rum, we get the privilege of watching the government try to stop the economy from hemorrhaging by placing a band aid on the gaping wound. Within days of this latest “fix”, the wound will erupt again, pumping the very life of the country out onto the street.

Back “in the day”, they used to deliberately cut a person and drain some of their blood in hopes the diseases and toxins making the patient sick would drain out in the blood. Perhaps that is happening today in the financial sector, but there is a very high risk the economy might “bleed out”. Everyone who watches CSI knows that most murder victims die when their body loses so much blood, there is no life left in them.

The human body’s natural way to deal with wounds is for the blood to clot. Once the blood clots at the site of the wound, the bleeding stops. This is unless too much blood is lost before the clotting takes place. I happen to believe the economy could have and would have clotted on its own if the politicians promoting their own agendas had not started trying to “fix” the problem. Just exactly how much good did the Economic Stimulus checks mailed out to most of us in May and June do? I know Wal Mart and Target liked them.

That money was gone as quickly as it came, for that is what the President told Americans to do with it. It was our Patriotic duty to spend the money the government “gave” us (which was our money to begin with before we paid it in taxes). All America has to show for that money is a bunch of things. New cars, televisions, furniture and clothes are found in many family’s homes. A few extra hundred dollars are not found in too many people’s savings accounts.

Not too many months ago, we were suffering though endless weeks of $4.00 per gallon gasoline and almost $5.00 per gallon diesel. During this time, the “experts” (such as the Treasury Secretary and President) kept telling us that all was fine, even with the high fuel costs. The high price of fuel was blamed on oil being $140 per barrel. Hmmmm. Last I just checked, oil was under $90 per barrel this morning. That should translate into $2.50 per gallon gas. Last I looked, ours was still over $3.40 per gallon.

Those who through their greed want every penny they can steal from us will not stop their endless shenanigans until they manipulate markets and tax codes to get it all. Whether through increased taxes or decreased buying power; one way or another the world’s money men will not rest until they rake in their winnings like the winner of the world’s biggest poker tournament. How unfortunate it is that those winnings are our earnings.

Pork Laden Politics Yields Socialistic Bailout Success and birth of USSA

While I love the United States of America, I despise the entire process in Washington whereby bills are passed and America operates. What has taken place this week is nothing short of a disgrace and those responsible should be thrown out of office or into prison, or both.

On Monday, the House rejected the “bailout” plan by twelve votes. Wednesday night, the Senate passed a “bailout” bill 74 to 25. What on earth changed in two days to cause such a huge difference in the popularity of this bill? What changed was the bill itself, and how it changed is a perfect example of how and why Washington is broken and there is NO WAY TO FIX IT.

What the brilliant Senators did was find out what certain House members needed and wanted in their districts and added provisions to the “bailout” bill to give these Representatives the candy bars and ice cream cones they demanded to switch their vote. The end result was a bill that came from the White House originally as a three page document requesting a 700 billion blank check. Now the document is over 400 pages in length and crammed to the hilt with every kind of pork imaginable along with the originally requested money.

The sad part of this mess is that House members are now vowing to change their votes because the bribe offered to them by the Senate worked. These supposed men and women of principle who told America they voted their conscience Monday when they said “NO”, turned out in many cases to just be playing the Washington game of politics. These are not people of principle, they are professional crooks who get a thrill playing the high stakes game of poker using our tax dollars as chips.

Every economist contacted by the media adamantly opposes the bailout package passed by the Senate and will pass the House today. How is it that those who study and teach economics think the package will make the whole problem worse while politicians who make their living as Washington pork producers think the package will save the American economy? Who do YOU think has it right; the politicians or the economists?

By the time this day is over the Treasury Secretary will have what he wanted all along, those with much money invested in Banks will be a bit more protected (FDIC insuring up to 250 thousand instead of 100 thousand) and some folks will escape the dreaded Alternative Minimum Tax for another year. By the time the dust settles and Americans really see the HUGE PIG that passed both the Senate and House it will be too late to do anything for the election will be over and all those voting in favor of the pig will be re-elected.

A few months from now when the euphoria of President Obama’s inauguration has worn off; the American people will wake up one day to see the liberal and self serving Congress passing every new form of socialism the new President wants passed in record time. As the USSA develops, many will look back to the “good old days” when credit was tight and the markets were spooked—but at least we were still a free country and not a socialist state.

Dead Cat Bounce or Main Street Applause; what happened to Armageddon?

So I guess we will be treated to more fun and games in Washington this week. Word has it that one way or another, the White House will have its bailout/rescue bill passed by the end of the week. However giddy this makes Wall Street, there will a price to pay by especially House Representative who end up giving in to the relentless pressure being put on them to vote correctly the next time.

Despite gaining back almost one half of what was lost yesterday, the experts are still saying that today’s upswing in the stock market is nothing but a “dead cat bounce”. Of course if the market just keeps rising after yesterday’s disaster, these same experts would say it was that the market hit rock bottom and is on the way up.

What if the upswing not only in United States markets but also those in Hong Kong and Europe was NOT due to any bouncing dead cats but a reflection of the confidence people have in the correct vote made by the majority of Representatives yesterday? What if the steep climb in the market today was due to Main Street letting Wall Street know how it really feels?

The American public does not want a bailout/rescue plan. The only ones who want it are the politicians and finance people. Most of us in these United States feel like this bill, in whatever form it takes, is being crammed down our throats by sanctimonious and arrogant officials looking down their noses at us peons saying “we know what is best for you”.

When is America going to rise up and vote these clowns out of office instead of just griping about them not doing their job? When is America going to threaten them with loss of their job if they don’t quit going against their wishes and promoting whatever advances their career instead? We the People have brought this scourge upon ourselves by re-electing the same people over and over again to supposedly represent us in Washington and then telling pollsters we only give Congress a 10% approval rating.

Where is the anger and venom directed at Senators and Representatives not doing their jobs that is directed at the President? Why is George Bush the most hated and despised President in modern history but the Congressmen and women who are even more despised never subjected to the same “throw the bum out” tantrums Mr. Bush is subjected to daily?

I am no fan of Mr. Bush and I am most certainly no fan of the United States Senate or House of Representatives; that is until yesterday. What took place yesterday was nothing short of incredible. Men and women from both parties decided to stand on what they were told the will of the people was and did not cave into the pressure of politics to vote as their leaders demanded. Yesterday’s vote proved there are still true patriots serving in Washington.

Whatever takes place this week will most certainly bring forth the desires of those who dictate who gets what in this country. Ultimately those who so boldly stood their ground yesterday will crumble under threats of defeat or death. I honestly pity the future for some of those who refuse to compromise even under direct orders to do so.

Those in the Illuminati or Bilderberg or Council of Rome or CFR or perhaps just the old New World Order will most certainly get their way by the end of the day. Whatever is passed in Washington is guaranteed to make the rich richer and the poor poorer. Whatever is ultimately passed will be what those who really control the decision making process in this country want passed. But at least we got to enjoy for a day the blessed glow of seeing men and women for once take a stand. God help many of them.

Transfer of wealth nearly complete; Soon the government will own your family as well as your house and job

I have just about taken all I can handle concerning what has transpired in Washington the past few weeks. Never before, in the history of this great country has so many of its resources been transferred from the public sector to the government so quickly. The citizens of this country have been fed a constant diet of Grade A manure regarding the severity of economic problems and the real reasons for the sudden bailout plan.

If anyone believes more than 33% of what anyone associated with the government says, they are believing exactly what they hope everyone believes. When the United States Treasury Secretary is a former CEO of one of the five big investment banks that are now zero, where does one think his emphasis will be? No other Treasury Secretary would have ever tried the maneuver done by the Treasury Secretary and the head of the Federal Reserve when they showed up at the Capitol and insisted the Congress had to give them 700 billion dollars within a week “or else”.

If not for the gloomy picture of American finances being painted by the media in other countries more concerned about the real issues of the day rather than getting a certain person elected President; I don’t know if I would believe there even is crisis. But, since it is common knowledge that the economy stinks and was going to melt down if not bailed out, there really was no other option than the one chosen.

So, we somehow have 700 billion dollars to keep the banks from going belly up. We somehow have another 25 billion to keep the automakers from declaring bankruptcy. We have billions more that will surely be given to the airline industry within the next few months. Where does the government get this money to “loan” to these industries? From the tax dollars we all “give” the government. Even so, there is a huge shortfall of tax revenue so where in reality does the government come up with these billions of dollars? They borrow them, just like everyone else.

The national debt is now been raised to around 11 trillion dollars. Everybody and anybody knows good and well it will never be paid off. Unlike us, the government can just keep adding more and more debt and never have to worry about repaying it. Unlike us, huge corporations can borrow what seems to be an endless amount of money from the United States Treasury with little expectation of it ever being paid back.

Banks are getting ready to be bailed out for making atrocious loans to people who never deserved them and then buying and selling those loans all over the world allowing more banks to profit. Now these loans have gone bad and we must loan the banks the money to pay off the bad loans they made to illegal aliens, poverty stricken people with no jobs and thousands upon thousands of people who lied about their income.

My question in all this is very simple; when are all of us who are struggling to pay bills, make our mortgage payment and pay more and more of our income to medical expenses going to be helped? If these professional politicians really wanted to stimulate the economy and turn things around, they would have given every family in America a voucher for $20,000 that could only be used to pay off debt, catch up on or pay ahead on mortgages or buy a new car or truck. But, since politicians don’t think in terms of what would benefit the citizens; they don’t think about helping them.

Can you imagine the impact on the banks, as millions of people suddenly got current or actually ahead on their mortgages? Can you imagine the impact of billions of dollars of new revenue (not loans) could have had on Banks? Can you imagine the impact on General Motors, Ford and Chrysler to have billions of revenue instead of new loans?

Of course no one even considered giving every American family one penny in this whole thing. We already got our “economic stimulus” back in May and June. For many of us it was only a few hundred dollars.

I sit here in absolute awe at what has been allowed to happen in this country over the past month. One of these days, Americans will wake up one morning and be hit with the stark realization that their elected officials sold them out to the high and mighty power brokers intent on owning every asset and every person they can get their devilish hands on.

There is nothing to vote for in November. Both candidates are equally a part of the scheme to transfer this nation’s wealth into the hands of the government under the pretense of an economic collapse greater than that of 1929. If one really read the fine print of the other provisions of this bailout package NOT specifically tied to the money, one would quickly see that the ultimate agenda is more government control and interference in everyone’s life.