enter the fray: our reader discussion forum
Search in:
Advanced
View:FlatThreaded
How did we get to this point?
by Daysman

Read the whole thread.

If this doesn't break your heart, you either are not an American (understandable) or simply do not have a heart. It never ceases to amuse me how gullible this board is when it comes to the government of the good old USA. You people are so wrapped up in politics, you wouldn't recognize the truth if it bit you on your asses. That's okay, it isn't anything new, and it isn't hurting anything, it amazes me, is all. But, conspiracy theory for JFK (85% of Americans believe their was more than one gunman) or this unnoticed moon hoax (totally unimportant, but curious as all hell that they pulled it) or 09/11 being an inside job (nothing new there, either, and roughly half of America is waking up; but it is over and done, just a bit of a shock, not much to do now, except rebuild) are all brain teasers, they are mental jigsaw puzzles to piece together how our government operates, meanwhile, the nation is gripped by a foreclosure tsunami and the wave is still growing and we the people are blind as ever to what is happening.

Right now, today, we are sinking deeper and deeper into the abyss. The great depression never came close to seeing the number of people tossed from their homes into the street... not one tenth the action that we are in the midst of. Read the whole thread and try to grasp what is happening in America, right now. Unlike the brain teasers, this is not something that is over and done, neither is it going to lay down like a lamb and let the rest of us be, America is going to be shocked, awed, and ripped apart if we try to get by this housing tsunami and pretend those 30 million homeless people do not exist in our streets. They get shuffled out of sight by aw enforcement, but the day is coming when sheer numbers will over whelm law enforcement, when you are homeless, you do what ever you have to do, and you teach your kids the laws of the street, not the laws of society, and the #1 law of the street is this: survive.

Thanks for that days
by justoffal

As always we can depend on you to root out the truth even when it's ugly. Yes the homeless population is growing rapidly here in Worcester Ma. at the same time the number of abandoned and boarded up properties has proliferated beyond belief. Not too long ago I banged heads with the Mayor at the town meeting about their irresponsible neglect of the city's tax base and their allowance of the crazy flipping now starting again!!!....that ruined this city in the first place. You are 100% correct about the start of another bubble...the goddamed greedy cocksuckers miss that mad money so much they just can't resist the thought and the action of doing it all again! Turns out our Mayor is also a former Real estate big wig....no wonder they look the other way, this is how they made their particular fortunes. You are right about the severity of this situation also...it makes the great depression look like "Crash Junior ". This is deeper, more threatening and far more likely to lead to the final Global Catastrophe that we could begin to call the Great Tribulation...but I must stop now before the tin foil police try to put a hat on me.

What I believe the Fed and the financial arms of our government are trying to hide right now is the fact that we as a nation are actually bankrupt. They don't want us to know that the disconnect between asset and fiat have finally come full cycle and that there is no longer even a remote connection between the two... ergo there are no controls of any kind to prevent massive, runaway inflation and the inflationary pressure is out there lurking like a spark in a dry forest. Bernanke can't keep it at bay forever.In the mean time the government feels no Obligation whatsoever to tell us what they are doing with the entirety of our national wealth. In all probability the real truth is that...the United States is actually....dead. What we are living in now is the wasteland left behind by gargantuan International bank transactions that leave our land and our legacy squarely in the ownership of the IMF, China and a handful of other mega-speculators who could probably repossess this country in Units of States.

Look for a State's rebellion soon.

jo

the truth is real ugly
by Days

it is sad that is so ugly..... and maybe it is sadder that it is so completely unknown. I've got another top post going up on this subject as soon as c/p this for you....

This was the first top post in Bottom Line that led to the Linked one above:

how many foreclosures? how many homeless?
by Daysman
09/16/2009, 2:48 PM # Rate this topic Favorites Reply

Ben Bernanke says that the recession is ending... those are his numbers. But his numbers Lie. His numbers only tell what the corporations and the banks and the government are sending into action... you can do bigger numbers with less people, it is called productivity (we used to call it hording). So, let me ask you Ben, since the recession is ending, what is happening to the masses? Is foreclosure ending? Is hunger ending? Is homelessness ending? Is bankruptcy ending? What are those numbers, Ben?

We called it a depression, not because economic indicators were negative, but because people were depressed. No jobs, lost homes, lost farms, nothing to eat, and homeless people... but nothing close to the homeless numbers we have today. In the last ten months we lost five million jobs in America. Over a quarter million foreclosures still happen every month; most of them ar families being tossed in the street. When Barack Obama was running for president he talked about the vast numbers of homeless people, that we didn't have enough food in the food banks to feed them all; now that he is president, he talks up the numbers, he talks "recovery", but we still add another million homeless every quarter.

According to the central bankers who stole the nation a century ago, their numbers are getting better. They say we are pulling out of a severe recession. According to the streets filled with families tossed from their homes by those same central bankers, this is a depression... and it is getting worse.

It never fails
by justoffal

The financial forecasts always assume that a certain casualty rate amongst the little people is unimportant. It never ceases to amaze me how the gloss over the pain and substitute statistics.

jo

the law of averages and statistics
by Days
has no human heart
The answer.
by NickD

It became acceptable that corporate stockholder return was deemed more important than the lives of the human beings inside the corporations themselves. That greed is good and that cheap is best. The most for me and screw you.

No reasonable person wants the companies in their nation to fail. However once reasonable people decidied that a companies profits were more important than any human being then our nation began its plummet.

The law of the street has been the law of the land at the top for a full generation. Throwing skilled and dedicated humans into the street to increase short term profits has been seen as the prefferred business model for a generation. The result has been a race to the bottom for 75% of Americans and a finacial system based on a house of cards. Foriegn nations have been all to happy to give our nations leaders, both public and private, all the rope they needed to hang this country, the greed in our people did the rest.

The sins of the parents shall be visited upon their children and the boomers have been greedy indeed, hopefully the next generations will have more integrity and veracity than our spoiled generation has demonstrated. And may the souls of our ancestors forgive us.

correct you are
by Daysman

apostasy multiplied by population explosion has brought us to moral ruin.

As America falls, so will the world.

We are on the precipice of the time of great tribulation.

Faith in God, is about the only stock that can weather the storm ahead.

View as RSS news feed in XML