Might as well ask for a trillion dollar loan because that's how much it is going to take for us to not go into a "depression".
People are afraid of spending money because we have no job security, rent payments overdue, and a capitalistic mentality that has given the upper 1%, 20% of the countries total net worth, up from 8% 15 years ago. It was the banks giving out loans to people who have no way of paying them back, that created the 1929 crash and this bailout is a way to prevent a recurrence. The problem with it is its illegal and Un-American. If one company can mess things up so badly that it can bring down the entire economy you can count on there being others that will follow suit trying to get some bailout money from Uncle Sam when its coming out of yours and my own pocket.
We as a country are in trouble and have been in deeper than many of us have realized, but help is on the horizon if Obama can get into office.
Obama became the first major-party presidential candidate to turn down public financing in the general election since the system was created in 1976, and what this means is that he is not in debt to the oil companies, banks, and other lobbyists the way traditional politics has been run for too long, and is free to be our first idealist president and with the house and senate on the same team our country is poised to regain its international swagger the way a cowboy president would never understand.
Safehaven is an online blog that delivers knowledge on a wide range of interesting topics. Possessing this knowledge protects you from ignorance. Equipping your mind with the quality of being eager to learn allows you to be armed with an arsenal of information. Here at Safehaven we touch base on politics, talented artists in whatever their craft may be, and sense this is my blog.... I will talk about whatever I feel like! Lol! We all know knowledge is power, but obtaining it is something that most people lack. Safehaven is that junction that connects someone who is eager to learn, with the knowledge that they so anxiously desire.
2 comments:
Might as well ask for a trillion dollar loan because that's how much it is going to take for us to not go into a "depression".
People are afraid of spending money because we have no job security, rent payments overdue, and a capitalistic mentality that has given the upper 1%, 20% of the countries total net worth, up from 8% 15 years ago. It was the banks giving out loans to people who have no way of paying them back, that created the 1929 crash and this bailout is a way to prevent a recurrence. The problem with it is its illegal and Un-American. If one company can mess things up so badly that it can bring down the entire economy you can count on there being others that will follow suit trying to get some bailout money from Uncle Sam when its coming out of yours and my own pocket.
We as a country are in trouble and have been in deeper than many of us have realized, but help is on the horizon if Obama can get into office.
Obama became the first major-party presidential candidate to turn down public financing in the general election since the system was created in 1976, and what this means is that he is not in debt to the oil companies, banks, and other lobbyists the way traditional politics has been run for too long, and is free to be our first idealist president and with the house and senate on the same team our country is poised to regain its international swagger the way a cowboy president would never understand.
GoBiden.
Thanks for the feedback dan. I really appreciate it!
Peace
Trevor (safehaven215)
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