Tag Archives: bankrupt

If You’re in the Banking Industry

Get ready to get Hammered.

Actually… getting hammered might be the best way to deal with what you’re in for.

The Left has no victory… no achievement… no success they can point to as justification for you voting for them. And to keep up the façade of everything not just being “okay” but “Improving” they need more money. A lot more money.  Well, You and I are out of money and not buying that everything is Okay, let alone Improving. In fact, it seems that Major News Outlets are the only one’s climbing on the “everything is okay” bandwagon offered up by the Obama Administration.

With Detroit bankrupt and more to follow including the entire state of California, the majority of us Hating Socialized Medicine, Work Hours being Cut, Salaries dropping, Unemployment Rising and the Dollar being Devalued the Progressive Liberals will have to go after Someone.

Enter the Banks.

As if it hasn’t been bad enough for our lenders being forced by our elected officials (Hello Barney Frank and Chris Dodd) to give people money they could never pay back, they are about to get a hefty second dose of a pointed finger accompanied by a shrill scream of how Evil they are. This is the only page left in the “gin up the base” play book.

So batten the hatches and get ready for the storm. Get ready to hear about all the “favors” granted to the banks by a benevolent Government. Get ready to hear a constant whine of how unfair the banks have been to those segments of society who always seem to get treated unfairly. Get ready for the barrage of example where the banks have not yet paid their dues for the malfeasance during the housing bubble and subsequent collapse…

Even though it was Representative Barney Frank and Senator Chris Dodd who designed to scenario for it occur, then forced it to happen.

Why again are these two not in jail?

Anyway, here we go! It’s election time!


Will Harry Reid Shut down the Government?!

Looks like it.

It looks like the Progressives will fall on their sword to save the Crown Jewel of Socialism… even though the majority of Americans Don’t want it.

At this point one has to ask “Why?”

Why are the Democrats so ideologically bound to a Universal Health Care scheme that not only raises prices and reduces the quality of services for everyone, but will end in bankruptcy just like the past Socialist schemes such as Medicare, Medicaid and Social Security.

It seems to escape all of our leaders, every minute of every day that We are Out of Money.

So is that their goal?

Could it be the End Game is to bankrupt the entire country?

Is there a “sane” person anywhere in the United States who would advocate such a plan?

Well… yes.  Many of them in fact.  But the ones who put it on paper were

Two Liberal Progressive Professors who are still around and quite influential… Cloward and Piven.

“The  duo taught that if you flooded the welfare rolls and bankrupted the cities and  ultimately the nation, it would foster economic collapse, which would lead to  political turmoil so severe that socialism would be accepted as a fix to an  out-of-control set of circumstances.”

Read more: http://www.americanthinker.com/2011/08/cloward-piven_paradise_now.html#ixzz2gO76NmwQ

It all makes sense once you realize that there truly are people out there that hate the way this country was created.  They’ll look right at the camera and say unequivocally “I Love America!”, but the America they love is a location, a place on the map, a place they happen to reside… but absolutely not an idea.

In the End, They fully intend to spend us into oblivion.  And, Everything is Going according to Plan…


The Condition

We humans are the only creatures that realize we are going to die… and we don’t like it.

In fact, we go great lengths to delay, distract and deny our destiny.

In the end, this often syphon’s off our happiness, and much of our wealth.

If we become too consumed with the above, we find ourselves alone, having driven our friends, relatives and acquaintances away.

Such is Detroit.

There is nothing new with a town, or city, finding itself at the end of it’s life span and having to embrace its fate.

Throughout History, towns across the U.S. have lived vibrant lives only to pass away when their usefulness was expended.  Many of these places are fodder for Ghost Stories or Movie sets.  A few found a new reason to live.

However, as is often the case with humans, our Detroit has refused to Grow Old with Grace.

It has also not welcomed any attempts to reinvent itself as a more mature and wise city having a wealth of knowledge offering safe harbor for new business and attractions.

Instead of reality, it has opted for the Botox.

Many of us have watched the demise of this City for years… decades even.

And, like a drowning Man, Detroit has tried to drag the rest of us down with it.

But the intelligent have kept a wide berth.

Contrary to what anyone says, there is no surprise to be found here.  Simply truth.

This is the normal cycle, no matter how hard we want to deny it.

And, because of it’s denial, only from the ashes will there be any possibility of a new beginning.  But there are never guarantees.

Let me be clear… ashes.  Everything must be gone.  The Unions, the Mindset, the Icons.  The People have already left.

Then Detroit might, just might, be able to breath as it once did.

So here we are.

The end of a life.

Only acceptance will bring peace.

Cheers to a life once lived well.


Short Attention Span

I’ve already forgotten:

We’re bankrupt.
We’re printing money, and paying bills with it, because we don’t have any.
We’re playing with the unemployment numbers and the best we can do is call it “crappy” where it was once called “criminal”.
We’ve Socialized Medicine and it’s costing all of us more money than ever before… but Socialism always works, so no problem.
We’ve sent Assault Rifles to Mexican Drug Cartels and it’s OK.
We have a new “unspoken” policy of allowing our Diplomats overseas to be Murdered.
We have completely given up all Rights to Privacy and apparently condone the NSA spying on us.
We believe the IRS should be able to target Americans based on their political beliefs.
We agree that we need a Domestic Military, called DHS, designed to apply force within our borders.
We enjoy being groped at the airport by the individuals who could not qualify to be police officers.
We continue to believe the housing market collapse was caused by “greedy” banks.
We think there are still people starving in the United States while facing an Obesity Epidemic.
We’ve decided that what used to be called welfare is actually an earned benefit.
We think a consensus is an appropriate replacement for the scientific method.

We believe it when our politicians tell us they will do something.

What was I talking about?


DISTRACT

The United States is Bankrupt.

The U.S. Government continues to deny the fact they caused the problem in the first place… supposedly with the best of intentions.

The Federal Reserve is reduced to printing as much money as possible because they believe it is the only tactic which THEY can “save” the entire system.

The public is starting to understand that every time the Federal Reserve prints more money it immediately devalues everything they have saved.

The public is realizing that QE or Quantitative Easing which is this act of printing money that should otherwise not exist is nothing more than taxing all those responsible enough to have put away for their retirement, own their home, own their business etc.

The public is seeing clearly that this tactic is not working.  (In fact, it has never worked anywhere in the world.)

There is no growth.

Unemployment is flat… and it’s only that “good” because the numbers a being played with.

The stock market is going up, but only because the rest of the world is terrified at what is going on in their countries so they are putting their money in the U.S.  This will stop very soon, once the majority of wealth has been relocated.  Then what?

The EPA is taking control of every industry in the United States through existing, and many new, onerous regulations.

Our President Fiddles While The Middle East, Korean Peninsula and Rome Burns…

So… these are the issues we are being told by the press to pay attention to? RIGHT NOW!

Gay Marriage.

Illegal Immigration.

Racial Discrimination.

Fairness.

Let me ask, does addressing any side on any of these issues solve our current race to fiscal oblivion?

No.

All that should matter to us, at least any of us who love the country as it was founded with Individual Liberty being paramount, are the Four Horsemen of the Fiscal Apocalypse.

1.  Social Security

2.  Medicare

3.  Medicaid

4.  And Now… Universal Healthcare

Yet we sit on our hands arguing about Social Issues.  Social Issues which will mean nothing when the economy collapses… we suffer food shortages… energy rationing… riots.

The insult we must all confront is an ever-present resistance to spending reductions of any kind.  This latest resistance to a mere 5% cut IN THE GROWTH RATE of spending bringing it down to 5% should have brought us all out into the streets.  That it did not frightens me the most.  But it empowers those in charge.

We are in trouble and those who find it acceptable are desperate to distract all of us from what is important.

If we don’t deal with the Four Horsemen there will be no country left to deal with any imagined social issues.

First things first.

Unless the collapse of the country’s economic system is desirable we are headed the wrong direction… fast.  Cloward and Piven will tell you it is and everything is going perfectly.

This is the moment.

It’s happening right in front of you.

It will not become any clearer.

You’re being played…

Just ask the common folks who considered themselves “enlightened democratic socialists” in Europe.

Better stock up on your Port, Chianti and Champagne while you can.