Causing a Depression among the average person.
We are now into the fourth year since the real estate bubble crashed in 2007 causing the Federal government to intervene and "save" the financial institutions that were "too big to fail." The result has been that the major banks and financial institutions and Wall Street are not feeling the effects of the damage they originally caused but the average person is. Unemployment is still too high, the inflation caused by the printing of money and government debt are causing hardship in the general population but not among those in the financial world. The end result is not that the taxpayer is going to be overly burdened but that our government is technically insolvent and could quite possibly go bankrupt.
The scandal of this is that so far they have gotten away with it. It is my belief that the bad news is this will lead to the decline of our currency and an inevitable market crash. The good news is it will cause us as a people to do something to rid ourselves of the political and business class that colluded to put us in this position. We have been hijacked by the very people we entrusted with our government by electing people not acting in our best interests. This specifically applies to the Federal government, meaning the Congress and the President of the United States. It is useless to argue whether it "was Bush's fault" or "Obama is killing our country." The fact is that this started decades ago, exacerbated by the second Clinton term, during both of Bush's terms and continued by Obama. One could argue to go back further but our current condition is the result of efforts since the '92-'93 recession in Clinton's term.
We are here now and we must restore ourselves.
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The bottom line is that most Americans are in stressful economic conditions while the perpetrators are not feeling the effects of what they've done since they solved their immediate problem by colluding to keep printing money until it is worthless. It will take one economic domino for the rest of it to fall and when it does they will feel the effects. That is when we need to be concerned with their reaction and intentions.
We still have a chance to restore our country to "we the people."
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