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"Wall Street tumbles on bank woes and consumer gloom" as reported by Reuters. So as the experts write so the people worry. Now some have said we need to keep hope alive and yes to that I agree wholeheartedly. Yet that is about all we have left. We all know the reality of our leaders actions and inactions, in what they have done and failed to do and where we are now. So with all the bailouts and promises why is it that consumers are not spending? Feeding the beast? They are not going to spend when our New President takes on as his Chief Financial adviser the head of one of the very same banks they bailed out to the tune of billions and is still in trouble [Citibank] . Another media quote stated that Obma has his administration loaded with veterans of capital Hill. I guess he didn't take himself to seriously while campaigning? Does this really speak to hope? Has anything they have done in the bailout or recently if anything at all spoken to love and help for Main Street America.
They talk of stimulating credit, and cutting taxes are they and who believes this for real? Credit for who? Tax breaks for who? Stimulus for who and how much? Just who are they talking about? These politicians, in my opinion these incompetents, who speak of working it out with your lender are no more then fools. Work it out, really.
They have created an entire new industry "mitigation" for who and who wins? You got it, the wheeler dealers. You, Mr and Mrs America, please bend over. So you do not want to hear doom and gloom, well that is what is before us, that is unless we do something about it. They are not other wise it would have been done already. Ok get this straight, they are not, otherwise it would have been done already. Ok one more time, they are not, otherwise it would have been done already.
Waiting on Obama, give us a break. Even he was rebuffed by his own party and had to backtrack. Lesson learned Mr. President elect, they run the show, not you. They could have taken care of credit card usury and all the rest months ago. They didn't, they strengthen those greed merchants hands to take and plunder people. Negotiate, mitigate, please. Just why can't you accept facts? They, yes they, gave the card lenders power to screw YOU concerning unsecured debt. Yes an opinion based on experience and that experience is not mine alone.
They bought the debt of these banks to free up credit- FOR WHO. Only those that have, who do not need it, and who are the only ones who can get credit. That is if they are lucky. Auto makers, give us another break. They can't move any real numbers of cars because of cost and that. Have you seen the price of cars even with a 50% discount? Who can afford them any longer? No jobs, so banks need you to be loaded before they will lend and that isn't going to change. Yes and if you buy anything from these "All American " companies your money goes OFF SHORE. We get to buy those "American" products made offshore and also the trickle down, if that.
So you're an investor, want to buy one of those cheap foreclosed homes, then check the credit of those you want to rent to. Wake up, your not that smart. Few have credit, few have jobs and those bankruptcy courts, well guess what, they are over loaded. Their answer in my opinion and of course tighter laws, screw people.
Look as believers we do not trust in the Devil period except, those that worship him and those that do his works and seek what this world has to offer them. We know what he brings. So why do we place our trust in this group? Why, do we hope in them? Is it because they say they believe in God. Hey I'll accept that, but rhetorically what God are they talking about? Their conscience is clear. No guilt. Why should they have it? They are free traders, open borders and market people, money, money, and more money at the end of every decision.
No, you may not want to hear it because you are struggling, or it just isn't your problem, yet that doesn't change anything. If it isn't at your door now is soon may be. You will know loud and clear when that friendly banker calls, sends you their legal notices registered letter, threatens you, takes from you and puts you on the street. Yes your neighbors, your police who write a ticket to keep their job, judges who fine you more to keep their job, the lawyers they all recommend, yes and our leaders, those politicians in expensive suits, feeling for us, loving us, working hard for us, really? The list is endless. Hey pay or else. Work is out, my backside. Let them stop at my door and talk man to man. They can't, their eyes would be on the floor, looking down, no, well you know what.
Now these who in my opinion who are no more then purveyors of sin come before us actually stating these are tough times, really? Well not for them. Yes and they spew out venom, we need to make tough decisions. Yes even while they give themselves raises, increase their benefits, double dip, take and they have no guilt, no remorse, their conscience is clean. Rhetorically so is Lucifer's.
Yes the same ones who say they are working hard for us and whoa re sorry for what they have to do, really? Yes once again my backside. Know this and know it well, all of this could have been avoided and very simply with limited cost to Americans. Yes it all could have been. What and how you say? I'm sure if they could have they would have. Really, please, no rebuttal necessary.
This same system that has worked for our nation since inception was and still is functional. Do you mean to say it just stopped working, like that, out of the blue? No it stopped in my opinion because we placed it into the hands of those who are evil. I base that on their works and deeds. Like I just asked, that system has all of a sudden failed?
Well while we hope understand we allow what is happening to continue. We condone it, we tolerate it and we suffer for it. What a damn shame that the only thing we have left is hope. Hope we always have for a better life, prosperity, security, for us and our posterity. Now we hope for it to, get this, RETURN not improve, to come back, really?
HOW, please answer how? No, not the fluff, the rhetoric but reality. No, not with your tax dollars, spent on labor type jobs. Oh technology, I see, HOW and WHEN. Technology jobs take time, who gets them? We will have to wait until that gets moving, oh, ok. We have a Congress balking when President Elect Obama wants to give a tax break to companies hiring AMERICANS. Do you not get it? Mr. Obama was right when he state "the same old Washington Crowd". We changed the head and got the rest, lock, stock and barrel. How totally pitiful.
If they say we go bankrupt because we are irresponsible and spent to much, get this, how do you accept them spending tens of trillions of our money and going further an further into debt without the same ramifications? Just how do you accept that? How is that not irresponsible and who bails them out if they fail? Oh, never thought of that? Well don't worry the answer is ready to go but we first must destroy what we have so you will get this demand change. Yes hope is already answered. It may not help you but who cares. You'll juts be added to the peasant class, a growing number.
Now some may label this upsetting, some direct, some may find it too hard, but when your sinking, going down, and looking for a life vest perhaps it is about time you understand that until someone throws you one you better start to swim. Yes while swimming hope and pray, but swim like you never swam before.
So if you want to hope certainly do. I also hope but I know hope has been around for 2,000 years and I am for one am still hoping. Yet to make things happen, get the job done, you need to get off your backside and make it happen. Write, call, email flood them with such a cry they will have to move. Do it today. Tomorrow, everyday until they understand the only fear they know, us and the ruination of their good thing.
As for those investors, understand this about America, No jobs, no pay, no pay can't pay, can't pay no credit, no credit can't buy, can't buy, bye, bye. Can't you understand with all your smarts? If you want to bring back the golden goose you have to bring back the American people. Lets all hope that it is not too late.
Robert T. Melaccio Sr. 2008 Copyright © 2008 Robert Melaccio
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