We all now a few people who have decent jobs & should be getting by,
but they are behind on many of their important obligations.
Such as rent/mortgage, credit cards, utilities etc.
Seems these same people always have money for things like
cigarettes, video lottery, booze etc.
What I'm saying is they are squandering their resources.
Here's my question.
If you were to give these people $1000 with no strings attached,
how much of that would actually be used to pay outstanding debt?
I bet we are all thinking very damned little, if any at all.
So why would anyone think the banking industry would be any different?
We give them the better part of a trillion dollars.
Then we find out they pissed it away without changing the operational
methods that put them in the dire straits they are in.
So we give them another trillion, they make sure their office suites are remodeled with the best of the best & top execs get their bonuses.
So we give them even more money.........& the cycle continues.
I will readily admit that I am not a highly educated individual, but it is crystal
clear to me that this is INFREAKINSANE!!!!
If we can somehow survive the next four years of Obama's experiment of
conversion into socialism, (and that's a damned big "IF")
our grandchildrens grandchildren will be attempting to make intererst
payments on this debt.
That's a terribly depressing way to think about it. Just wait, it gets worse!
There is one way the administration can mitigate the astronomical debt they
are racking up........the more they de-value our dollar, the smaller the debt
will actually be. You guessed it, they actually WANT our currency to tank!
My butts already sore & we still got over 3 years, 9 months left................if we survive.
but they are behind on many of their important obligations.
Such as rent/mortgage, credit cards, utilities etc.
Seems these same people always have money for things like
cigarettes, video lottery, booze etc.
What I'm saying is they are squandering their resources.
Here's my question.
If you were to give these people $1000 with no strings attached,
how much of that would actually be used to pay outstanding debt?
I bet we are all thinking very damned little, if any at all.
So why would anyone think the banking industry would be any different?
We give them the better part of a trillion dollars.
Then we find out they pissed it away without changing the operational
methods that put them in the dire straits they are in.
So we give them another trillion, they make sure their office suites are remodeled with the best of the best & top execs get their bonuses.
So we give them even more money.........& the cycle continues.
I will readily admit that I am not a highly educated individual, but it is crystal
clear to me that this is INFREAKINSANE!!!!
If we can somehow survive the next four years of Obama's experiment of
conversion into socialism, (and that's a damned big "IF")
our grandchildrens grandchildren will be attempting to make intererst
payments on this debt.
That's a terribly depressing way to think about it. Just wait, it gets worse!
There is one way the administration can mitigate the astronomical debt they
are racking up........the more they de-value our dollar, the smaller the debt
will actually be. You guessed it, they actually WANT our currency to tank!
My butts already sore & we still got over 3 years, 9 months left................if we survive.