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5/4/11

Government Intervention

Saved the banks and big business from Depression...

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.

Regardless of how we got here, we are here now and it is up to us, the American people as engaged citizens and voters, to resolve the situation. This will not be easy as people entrenched in power neither give up easily and have the resources to fight back in ways too evil to consider in this discussion. The real truth is we are more likely to suffer an economic collapse before we can reasonably and responsibly resolve the situation by political means. How this will play out cannot be said for certain but the people responsible for getting us here are not going to stop until there is economic fallout of epic proportions that will end in the repudiation of debt.

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."

In the mean time the best that the average forgotten man can do is maintain the best they can and remain as optimistic as possible and above all be prepared to fight back. What fighting back means is an open question but I do not believe with our history, form of government and the US Constitution, that means the government will be allowed or even be able to turn on it's own people. What it does mean is that, "we the people," must take back our government and control over our elected officials. That may sound implausible, corny or absurd to some people but to many of us it does not. One thing Americans have inherent in their character is once a movement starts going in a direction it cannot be stopped.

I still believe that it is not beyond the abilities of the citizenry to restore our country to reasonable values and the core beliefs of what America is about and return to what was intended by the Founding Fathers in the US Constitution. One thing is certain, divisiveness among the people will grow before resolution, but at a certain point the reasonable natural American character will rise above and return our country back to its core values. I don't believe this is false assumption, just as the country was in turmoil after the Civil War and during the turbulence of the nineteen-sixties, in the long term decent American people prevail and the challenge of differences and come together to overcome indecent leadership that has failed us.