Do we really believe either one of these men will change our government enough to bring back prosperity? How can we in reality? Is it all based on words? For those who have a job, that is for now, an income and all is normal outside of some additional higher expenses, impacting, but not crippling, all is not bad. You see it all over, at the ball park, the football games, the big SUV, not bad for them, fact by sign and symbol. Their hero's have provided. However, it is only when they fall off the cart that they truly understand the magnitude of the situation. A walk up any neighborhood block, excluding the gated communities, and even there will tell the tale.
They are the 20% of all Americans who have. Nothing wrong in having at all and that is not the issue. Of that 20% about 5% own it own it all and hold the majority of wealth. This is who the bailout was for. Listen when they debate, always middle class and other nations and the world. Hello, how about here at home? You know we who elected you? Did you forget about us? Evidently because your works proceeded you. So this bailout which they prefer to call a rescue, theirs, was for them and theirs offshore.
Yes and those other 15% who have, the "Middle Class Americans" they talk about doing for and making $75,000 a year and above that these officials cling to, well, they are the fuel for the economy and all is done for them. You see they drive the Global Economy as we are now seeing, factually. When they don't buy it all falls apart. Drive past any car lot and you have your answer. That is why the real concern. That is why the emphasis on credit. It is and never was about average families and the poor. Don't want to believe that well it is truth, fact. It shows in their works and priorities even though they say otherwise. Hey does the thief say I'll be over tonight to rob you? Does the bible say to be vigilant?
Now just pick up a paper and go to the advertisements, be they cars, clothes or anything else, sale, sale, sale. 70% off, take another 10%, do not pay for three years, etc, etc, etc. Just what is that saying? Do you grasp it? Ok no buyers. It also says you have been raped for years.
How can there be buyers when the vast majority of average Americans, that 80% and 50 to 60 million are hanging by a thread? So will there be a recovery eventually for those that have, certainly. In the great depression there was one as well, yet the masses suffered. These 20% were the ones who prospered and some even became very wealthy. Yes off of the sorrows of others. Don't like to hear truth well sorry, it is fact, history.
So the real simplicity of it all is this. If there are no good jobs, only low wage, unskilled labor jobs, part time with no benefits then everything else is a bust. It is that simple. They talk of new jobs, good jobs, where, when and for who?
No my friends why the fear that is driving this market is the fact and reality that America as the consumer it once was is gone. It just can't be any longer. As I stated awhile back, they never got the new markets in place before they killed the golden goose. The world depends on Americans to buy and reality is they can't any longer at the volume and pace they did before. It is that simple. They do not have nor will they ever again have the numbers of people with good credit and a decent job and pay.
No Obama, no McCain no nobody can bring that back for the vast majority. No and it will not happen as long as this Congress remains. It is that simple. You need no degree on the wall just open your eyes. Now what is the answer? Well not much but they could have, that is if they wanted to and were the real leaders they profess to be, who love America, as they profess, did something, now, not after.
They could eliminate Usury now with one swift enactment and put real dollars immediately into the hands of average Americans, They could, they won't. They could readjust all mortgages to real values, take the hit in a way that it can be eased over time. They can, but they won't. Jobs, none, not now and perhaps not for Americans in the future. The answer already at their fingers. WPA, CCC right now to rebuild America, these crumbling homes, put people to work. Will they, no. Why, just why? Ok get it. It doesn't impact them and evidently they do not care to regardless of what they say.
You took their debt, their irresponsibility upon yourselves and your children and their childrens, children. You own their debt now and they are free and clear. How nice for them. Yes they get even wealthier. Ok need an example. If you owed them $5,000 and defaulted and your government comes along and says, hey I'll take that debt. You are still stuck they are not. They write it off, are free of it and you get to pay it back in the form of additional taxes. They now can focus on making more. They are, get this, credit worthy again. It is that simple. Great deal for those who have, not you.
So now that we have reviewed this for the umpteenth time why can't we understand it? A great question but one that is meaningless. So why would you elect them? The lessor of two evils? What a great intelligent answer. Yes evil is ok. That says a lot. Yes 94% fed up and we still elect them. Hey why bother. Just what does that say? It is beyond belief?
Now I certainly would hope that all I say is wrong. Yes wrong for the sake of my very own. Yet the signs and symbols are all about me. In the most complex and yes in simple ways. Example - What my diabetic mother got for free just a month ago she now has to pay for. Not known by many and just a simple change. No secondary insurer, guess what, you now pay. Don't pay or can't pay don't get. Hey thats the law, thats Medicare, fact not fiction for those in need, get it? It is that simple. Ok why should you pay? Ok the answer in a nut shell. In my opinion there is something greater at play here. I understand it, many don't. It is the only reality.
Robert T. Melaccio Sr. 2008 Copyright ©2008 Robert Melaccio Sr.
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