The current “manufactured” crisis involving some of the largest financial institutions in this country is all but done, with the current administration jumping on the Socialist bandwagon and hatching a plan to bail out a bunch of over their head gamblers. So what’s next in store for us? Probably the inevitable world-wide depression I’ve mentioned a few times here. A lot of people are breathing a little easier because they believe (wrongly so) that the economy will be saved. But that ain’t exactly so. The economy was merely brought into compliance with what the behind the scenes power wants for this country.
Sounds like it might be a good thing in the short take, but remember the Hollywood tool that’s called a “Trailer.” A Trailer is just a clip of the best part of the movie. We see that ad on TV and say “WOW! What a great movie! I’m gonna go see it right away.” So how many times have you gone to see a movie because it was a great Trailer, and the movie turned out to taste worse than dog food, or maybe what the dog left behind? And then, since you don’t want to look like a fool for buying into the Trailer’s hype, you tell everybody it was a great movie. And the lie gets passed around until the movie gets put on a DVD at Wal-Mart in the dollar stack.
$4.00 a gallon again before FebruaryThat’s what’s happening now. The papers say we need to bail out these losers who were too stupid to realize the risks they were taking, and everybody agrees. If it’s in print, it must be true, right? Maybe in Mr. Rogers neighborhood, but not in the real world. What’s looks like will really happen is that these companies are going to become part of the Federal bureaucracy, and the taxpayers will get stuck footing the bill. Of course, the plan in full hasn’t been released as of the time I write this, so I can only make a rough prediction, which is just my opinion. But right now, from the headlines over the last couple of days, I believe the taxpayer, which is you and me, will get stuck to the tune of two to three trillion dollars by the time all is said and done.
But that’s not the worst part. The worst part is by accepting this very poorly devised plan is that it brings the US deeper and closer to becoming a Socialist nation. BYE, BYE Freedom. In the long run, it’s not going to help the individual taxpayer who falls behind in the mortgage, or loses some money because of poor decisions in the investment markets. And it shouldn’t. if you can’t afford to lose money by investing it, you shouldn’t be investing it. If you can’t afford the house you are living in, why the hell are you still there? And the same goes triple to the big boys. It’s not up to me as a taxpayer to clean up the mess these millionaires and billionaires made. They won’t come and clean my house, why should I clean theirs?
The price of food will continue to climb….But while we’re wringing our hands over the rich people losing money from bad decisions, the economy is still slipping into the bottomless pit of the world’s economy. The value of the US currency has not recovered to where it once was, and it probably won’t. Right now things are pretty cozy because we are in an election cycle, but once the vote is over, watch out! Expect to see the price of gasoline climb over the new year, and plan on paying $4.00 a gallon again before February. Likewise heating fuel as well. The price of food will continue to climb and probably be about 3% higher in the first quarter of next year.
How can we stop this from happening? It’s not easy, and it may well be too late. Vote for conservative leaning politicians instead of the left leaning liberals. Many liberals don’t realize it because they’ve been blinded by the light of a false morality, but the ideals they claim to cling to are actually based upon Marxist philosophy. All men are created equal by God, but that doesn’t mean every person deserves the same lifestyle. We need to eliminate the welfare system that continues to be an excess burden upon the Federal budget. We need to increase the amount of goods being exported to foreign countries and reduce the amount of goods being exported from foreign countries.
John McCain was picked on and criticized by the liberal media and Socialist left when he said that “Our economic system is fundamentally sound,” and claimed that he didn’t know what he was talking about. But you know what? He’s actually right. The system of free market enterprise is a sound system. The problem is that too many abused the system, and expect to be rescued from the mistakes they have made.