POLITICIANS AND THE FED HIT A HUGE WALL STREET AND USING BAND AIDS TO TREAT THE WOUNDS!
Lehman Brothers, another sacred American institution, is in collapse. Freddie and Fannie have little hope of being saved. And America is throwing band Aids one by one on issues and avoiding radical treatment to save our economy. What are our leaders doing and why at this grave time is it politics as usual?
A Bridge to Nowhere! Who cares. Lies and accusations are being tossed around the emergency room. The car wreck already happened and the American body is traumatized. Where are the surgeons that can fix this thing because I don’t see anything coming across the tube that makes me feel like politicians actually get it and are in touch. The banter continues and the brand lifts are being ridden on top of the big tidal wave crashing into Wall Street and still we bury our heads only to emerge each time a crisis hits. The meltdowns will continue to hit the market and keep coming. Even worse just wait until the retail season is upon us then we will be in really big trouble as the trickle down of the banking collapse hits home worse than ever and will inflict damage on every industry here. America has reached its breaking point. The FED has to keep wheeling the crash cart in just to keep the heart beating but that’s not going to keep us alive.
Our Government cannot support the banking meltdown. Our institutions could rally with an outcry of American resilience but I don’t see anyone mobilizing the leaders of all of our industries together to solve our own problems and we have them all over. Auto, Airline, Energy, Financial, Services, Retail are all getting pounded and we are allowing foreign governments entry into our system to take over. So what of McCain and Palin, Barrack and Biden! Someone, somewhere needs to do something and not just simple triage and some stitches – this is open heart surgery and BRAIN TRAUMA.
I say brain trauma because we have had to of lost our minds to let our economy keep melting and our politicians keep shoveling the same crap down our throats over the TV. This is clearly insane and by any measure the people driving that car that wrecked must have been drunk as Bush said and politicians were riding shotgun. We are hooked up to life lines from across the world and our government just hopes if it keeps on “GUARANTEEING” more and more debt that it will all be ok! Well it’s not.
I offered 2 simple solutions:
1. The 10 percent plan to use already invested capital from large institutions to pool enough money together to eliminate our debt and put massive liquidity into the markets. They have to invest 100% of the money so why not invest our economic liberation. The markets would for certain go through the roof – EVERYONE WINS! Especially you and me.
2. Economy bonds for Americans to become a savings nations! Bonds can be issues for some tax paid into the government whereby the government still gets the money and our citizens begin to take stock in our nation again. We sold WAR bonds when our freedom was jeopardized why not Economy Bonds.
This is WAR after all – Economic War! Our national security is certainly at risk and the heart of America which is our economy is sputtering. Regardless of how many times we can jump start it the trauma will still be there unless someone fixes our broken body. I am pleading with everyone to just take a simple look above and realize the power we can place back in our hands and how we can step up and let America take control of its destiny and rise above the political banter to attack the most serious of issues.
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