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U.S. called a house of cards just on brink
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He was and is still the champion of Reaganomics.
Reaganomics is a fantasy of disastrous proportions and consequences. Reagan's tax break benefited only the rich and privileged, which he offset with the single largest peace time social security tax hike in history... to pay for his tax break... at the sole expense of middle class Americans. We're still suffering from the residual of his fantasy-based economics.
Want to straighten out America's economy? ... get back to giving middle class Americans a fair shake. Politicians (from both parties) need to quit making economic war on middle class America. Maybe it's time to scrap the whole tax code and implement the Fair Tax. For sure, middle class America would be the primary beneficiaries to that one.
If we want money in our pockets and food on our tables then we need to shut down Wal Marts all over the country and do away with the the North American Free Trade Agreement. It's time for the CEO's of these U.S. Corporations to tow the line and think American First!!!
1) Money
2) Power
I agree with JH that term limitations for all elected officials are a matter of prudence and of constitutional reform. This will prevent to a large degree, career politicians.
I would go one step further, and propose a part-time federal congress. Let them work for a living like the rest of us, and represent much like other state legislatures do, part-time.
I believe this will deter power and money hungry individuals from political office. For there will little of both at the federal level, when compared with the current situation.
Course, Hmm, those people are hard to find anymore.
Bush's claim to fame is that he has accelerated the process by adding the prescription drug benefit to medicare and fighting for and passing tax cuts.
I would also like to add that the Democrats new messiah Obama (the likely next pres IMO) hasn't exactly acknoledged the issue in any of his platitude laden speeches. In fact, last I checked his entire platform was based oodles of new spending. Change indeed, thats all you'll have left in your pocket if he's done.
I might also add, this is not a Democrat vs Republican issue, it is a Democrat and Republican issue.
Pull your heads out of the ground. We can't grow out of this mess.
Shame so many people jump on his bandwagon and then attempt to blame President Bush for what's (in his opinion) happening. Anything to attack the president.
Obviously many are unfamiliar with what you are talking about. But there are some of us pre- Cold war fogies still around. The Russians had nearly the same stranglehold over the U.S. up until the fall of the Iron Curtain. F.D.R. under the Lend lease program had authorized the Treasury department to issue a series of Gold Certificate printing plates to the soviets during World WarII. There were several sets of these plates made. The Soviets wore out several of the sets printing and stockpiling Billions of Greenback Gold Certificates and secretly warehousing them. When we tried to get the plates back only the worn sets were returned. The Treasury Department realized the significance of the problem right off...... that much more currency had been printed than accounted for. Intelligence sources later confirmed what the Soviets were up to and that they still possessed two remaining near mint sets. The last of the sets were smuggled out of the Soviet Union by British agents in the 1960's. The soviets were never able to capitalize on destroying our economy for several reasons. I'll have to continue this later since I need to go and limited to500characters.
It must be difficult for you to witness the GOP (with The Bush Doctrine at the head) - imploding right before your very eyes.
The age of critical thinking has begun - and there's no stopping it now.
Then it's on to the New Renaissance!
Continued from Part I:
Poor old Harry Truman. First he had to be told about the Atom Bomb after FDR died in office and had to make a rather hasty decision to use them. Then looking at re-construction and all that would be needed to begin rebuilding Western Europe, he's finally told of the the Soviets plans to flood the world economy with legal U.S. Currency backed by gold. (NOTE: Under FDR the U.S. had been taken off the Gold Standard in the 1930's and it was actually illegal to own or possess gold.) Fortunately for Harry, he lost his bid for election and so Dwight Eisenhower inherited this problem of the Gold Certificates. For Utahns and for members of the LDS Church this is where the story gets interesting. Ike carefully began filling his cabinet and looking for key advisors to help solve the re-construction issues and many issues with the emerging New Soviet Union The Soviets thinking of what the post war world was going to become was far different than the perspective of Great Britain, France the U.S. and all of their allies. The Soviets were fearful of not being included in World affairs
McCain, Clinton and Obama are politicians... Power hungry, more of the same... politicians....
We are turning into a 3rd world country in fornt of our eyes....
Hope we all have talents to raise our own gardens or have the foresite to have a storage of food supplies.... Read about the great depression... we will most likley suffer the same.
If you think that America is the only country living on credit and running up tremendous debt, every westernize country is doing the same thing, it is a global problem. Answer, quit spending and start saving, not just the countries but each and every one of us. We are all part of the problem so we can be part of the solution.
As LDS we have been told to be prepared in all ways and that includes financially, get out of debt and stop all unnecessary buying.
Immigration and terrorism are not the biggest threats to this country, we are with our out of control spending.
Today the President of the United States stated (or should I say, as he read from the usual pre-written speeches given to him) "we are not in any recession."
What dark days for America.
Is it November yet?
Those of us who are informed and aware know this to be true !
Continued from Parts I&II:
The Soviets fear was so great that before the war ended they took several drastic measures. Thousands of Allied soldiers were taken prisoner including hundreds of Americans. They held them prisoner in Goologs in far remote areas such as Siberia. Many Soldiers were released as deals between the Soviets and the other Allied nations were concluded. Many American Soldiers however, were held for many years and the Soviets continued to use them as bargaining chips until sadly, our own government allowed them to be forgotten. This whole story is not one that our government wants revealed. A movie about the Gold Certificates and the recovery of the plates used to print them was made in the 1960's and shortly after the first screening all copies and the original were confiscated.
Getting back to the time of Eisenhower's selection of Cabinet members...... There were several members of the LDS Church who were selected for various under post positions within the Eisenhower Administration. However, one LDS man by the name of Ezra Taft Benson....as Secretary Of Agriculture, would secretly help the United States Government develop a program that would stop the Soviets plan.
Simple really,save for your future and the future of your kid's,heck they will need all the help we can offer.
We all have to "purchase" goods,but "shopping" is for the stupid.
If you need it buy it,if you want it, wait a week,bet you will not buy half the junk(re:made in china:) you thought you wanted.
Only one way to change "our" governments,starve them.
If it can be taxed, DO NOT DO IT.
Trade with your friends and your enemies.
However because Bush proclaims himself a "man of God" we all will allow our republican leader to strip our freedoms away and chain us with debt.
Maybe Ezra T. Benson, David O McKay and Skousen were right after all
Maybe all is not so well in zion.
Oh well we might as well just flip back on the tube and let someone else worry about this, or better yet, lets just call the guy who wrote this nuts.
The President of the United States today said we were NOT in any recession.
So come on everybody - go out and max out those credit cards!
If you don't - you must hate America and the troops.
(er ... sorry,... never mind about the troops thing)
Continued from Parts I,II,& III
Immediately after World War II, with most of Europe including Russia, lying in shambles. Food.....or rather the shortage of food became the greatest threat to the survival of the people of war torn Europe and Western Russia. Agricultural commodities became almost non existent in Western Europe. The United States, with it's production capabilities completely intact, and men swiftly returning from the war to farms and factories, production of everything needed for our own use and to send to our needy allied friends in Europe picked up and began to be shipped. The rebuilding of Germany would also soon begin.......until the Soviets made a move to divide Germany by isolating the Eastern portion of the divided Capital city of Berlin. The Soviets had only a modest capability to sustain themselves, but their eagerness to seize the rich fertile plains and valleys of Eastern Europe catalytically put the world into a tailspin.
When you lose yours, that's a depression.
When your wife loses hers, that's a panic.
Sorry for the attempt at humor on such a serious topic, but I couldn't resist.
Continued from Part IV
The stage is set, the Eisenhower administration is deep into re-construction, the Berlin Air lift is over and ideas and plans to stop the Soviet threat to flood the world's economy with Gold Certificates are under way and being developed. The Russians are having a great deal of trouble with feeding their people and are asking the U.S. for economic aid. Secretary Benson is sent to the Soviet Union to assess the Agronomic situation. He reports to the President, upon his return, that the entire Soviet agricultural environment is grossly antiquated and their systems of production, harvesting, processing and distribution are so inefficient that nearly half of their production doesn't even make it out of the fields. Their technologies are almost non-existent and the government takes it's share without the remotest sense of helping their own farmers to increase production......... We begin to sell grain to the Russians and under our close supervision and monitoring the Greenback Gold Certificates are eliminated in huge quantities as partial payment. We sell them Combines and Tractors and Gold Certificates in huge amounts are again eliminated. On and on and on...... They finally ran out....SECRETLY
"Our recent credit crisis alone has been enough to depress share prices in Japan, Rome, China, and Brazil," a smirking Bush said during a press conference Thursday.
"Sounds to me like our economy is still pretty powerful." Bush later added that he was equally proud of the impact U.S. foreign policy has had over the past six years, adding that only a truly great president could be capable of fostering so much hatred across the globe.
The current budget proposed by Bush 2 will include the largest debt in the nation's history.
Republicans have ruined this once great nation.
Does this mean I'll be able to buy back my foreclosed home back soon?
"Our nation's economy is struggling right now," said Bush, delivering the keynote address at the National Economic Forum. "Our manufacturing base is weak, new home sales are down, and unemployment is up. Millions of our people are suffering. That is why I stand before you tonight and make this promise: Saddam Hussein will be stopped."
Added Bush: "This man tried to kill my dad."
Shortly thereafter, an aid told the president Saddam Hussein had already been disposed of.
Hang on, I want to mention this to the guy repossessing my couch.
I wonder what happy jingle will surface for the Great Depression II ?
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