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alstry (36.27)

A Zombulation Nation That Refuses To Think

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December 26, 2009 – Comments (12)

Right now we have tens of millions of Americans out of work, getting kicked out of their homes, and potentially going hungry because they or a family member lost their job or income due to their employer or business running out of cash flow and unable to pay them.

At the same time we have tens of millions of Americans still getting paychecks from Wall Street banks and government while their employer has also run out of cash flow......but their employer has access to a seemingly endless line of credit and borrowed money.  In the banks and government's case, we are talking about trillions of dollars of credit per year being extended with little prospect of the money ever being paid back.

Aside from access to credit, government and Wall Street would be insolvent and the employees would be in a similar position as the millions who have been fired or seen substantial wage reductions in the private sector.

Never in American history have we treated private sector employees so differently than Federal or Wall Street.....and without any legal or moral justification.

It appears the citizens are becoming more and more aware of the injustice.....and the tension is clearly rising.  We are now heading in one of the most dangerous directions our nation has ever travelled down and could tear us apart at the seams.

The pancake eaters still can't see the chasm forming......nor can they feel the tremors......but soon, this puppy will erupt........and the outcome will not likely be pleasant.....unless we all wake up and start to deal with this issue......AND DEAL WITH IT NOW AND NOT WASTE TIME INSTALLING FLAT SCREEN TVs or contemplating spending more money on health care that we don't have.

I am still amazed how we bailed out the Wall Street bankers and gave them billions in bonuses even though they were INSOLVENT and directly culpable for the current financial mess......AND SO FEW RAISED A VOICE.   But if you worked for the Federal government, maybe a deal was worked out, you bonus us and bail us out.....than we will allow you to keep your jobs......who gives a damn about the rest of the nation.

As conditionss start to really break down as more and more are zombulated......soon we will ALL give a damn.....1.01.10.  Just reflect upon the kids of the Salvation Army Sgt. who was shot and killed in front of his family in a robbery attempt yesterday.  Desperation and frustration are rising to unprecedented levels around the nation....and we are not socially structured to deal with it.

If you really step back and think about it....how we allowed insolvent bankers and insolvent government workers to still get paychecks and bonuses YET cut off insolvent private citizens/businesses from a livlihood or money is truly a sad commentary on how our moral and legal structure has degraded.

We have always been a society based on innovation, ingenuity, and implementation cemented by fairness and equal justice for all......that has been the backbone on a nation founded on the principal of no taxation without representation and justice is blind.

What is even more amazing.....is how few Americans even think about it and prefer installing flat screens and eating pancakes while the moral and legal capital of our nation evaporates.  Without "full faith and credit", our currency has little or no value......no matter how many flatscreens you may have. 

12 Comments – Post Your Own

#1) On December 26, 2009 at 1:19 PM, jatt22 (39.46) wrote:

preety much every thing u said in this blog is close to truth , but i guess world ott there is even scarier dan ours so i no think a revolution or anything like dat is imminent ,an may be at da end they might split  us in two nations like  GOOD AMERICA / BAD AMERICA ( bad bank / good bank )

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#2) On December 26, 2009 at 2:17 PM, alstry (36.27) wrote:

It is pretty amazing how the nation is suffering from credit being cut off and rising interest rates while the bankers and politicians bask in unlimited supplies of practically free credit extension. 

Happy Holidays to ALL.

MESA, Ariz. -- The police department in this city of 470,000 has lost about 50 officers, and is hiring lower-paid civilians to do investigative work. The Little League has to pay the city $15 an hour to turn on ball-field lights. The library now closes its main location on Sundays, and city offices are open only four days a week. This holiday season, the city didn't put up festive lights along the downtown streets.

AS THE INSOLVENT WALL STREET BANKERS BASK IN THEIR SAFE SALARIES AND BILLIONS IN BONUSES???

You can't hand out unlimited free money and bonus insolvent bankers billions while cutting off the rest of the nation from credit and not  expect all heck to break loose.

1.01.10

Expect an increase in terrorism as tensions escalate around the world and many of our already constrained freedoms to evaporate.

Simply the consumation of zombulation when a nation engages in protracted procrastination.

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#3) On December 26, 2009 at 2:31 PM, soowhat (< 20) wrote:

Good thing you are spending your time preaching the same rhetoric to geniuses like jatt22.  Not once have you addressed how the "pancake eaters" can deal with this impending doom...or contraction...or...whatever.   

The thing is, I don't want to "step back and think about it" anymore.  Why?  Because I'm way too busy trying to make a living, keep my family fed and clothed and install my flat screen tv that I worked hard during the year for so we could have a nice Christmas.  Thinking about economic collapse as much as you do will clearly not get me anywhere.  It hasn't helped you much.  

Gotta run.  Pancakes are burning and my favorite movie is coming on.

 

 

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#4) On December 26, 2009 at 2:33 PM, alstry (36.27) wrote:

Credit crunch: Home equity lending evaporates

About Half a Trillion Dollars per year at the peak....just in home equity loans, and once you factor the multiplier effect, we are probably looking at over $1 Trillion dollars of spend stimulous now gone....and this doesn't even include the quarter trillion reduction to new home mortgages, or commercial RE lending, or private equity lending, or credit card lending.........

Over $1 Trillion dollars of credit per year gone..........and somehow we think we can make up for this loss and actually grow by a hundred billion dollar stimulous program???

Either Benny the B and Timmy the G are incompetent, or you are being fattened up for Thanksgiving dinner as the bankers get bonused and you are about to be eaten.

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#5) On December 26, 2009 at 2:33 PM, alstry (36.27) wrote:

Credit crunch: Home equity lending evaporates

About Half a Trillion Dollars per year at the peak....just in home equity loans, and once you factor the multiplier effect, we are probably looking at over $1 Trillion dollars of spend stimulous now gone....and this doesn't even include the quarter trillion reduction to new home mortgages, or commercial RE lending, or private equity lending, or credit card lending.........

Over $1 Trillion dollars of credit per year gone..........and somehow we think we can make up for this loss and actually grow by a hundred billion dollar stimulous program???

Either Benny the B and Timmy the G are incompetent, or you are being fattened up for Thanksgiving dinner as the bankers get bonused and you are about to be eaten.

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#6) On December 26, 2009 at 2:37 PM, Pennyperson (< 20) wrote:

My Christmas bonus was suspended this year “which I count on tremendously”. Upper management didn’t even have the respect to let our management personal be aware of this until Dec 24th “when the check never came”. Hell of a Christmas gift; I feel sad for my fellow directors. I know many counted and used the bonus as there Christmas fund and or use the money for home maintenance etc. Hell, we didn’t even get a Christmas card or a turkey

 

So I’m going to VENT

 

What absolutely pisses me off !!!  I had to experience the “management cost cutting speech’ and how difficult it’s been financially and the struggles the company had faced in 2009.”  BUT, when you see and hear that the owners and senior management members had purchased multi million dollar homes, purchased very costly adult toys, and “know” that many were given pay raises (all in 2009). Then you have to ask; where “are” their priorities; I’d say - good ole American Greed.

 

It’s been a tuff year for many, many Americans and many just praying for jobs. I’m thankful for mine, but, sometimes you want to throw in the towel and maybe move to Amsterdam.

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#7) On December 26, 2009 at 2:37 PM, alstry (36.27) wrote:

The thing is, I don't want to "step back and think about it" anymore.  Why?  Because I'm way too busy trying to make a living, keep my family fed and clothed and install my flat screen tv that I worked hard during the year for so we could have a nice Christmas.  Thinking about economic collapse as much as you do will clearly not get me anywhere.  It hasn't helped you much.  

ALL THOSE THAT GOT FIRED ALSO WORKED HARD.....BUT IT IS JUST THAT THEIR EMPLOYERS/BUSINESS RAN OUT OF CASH FLOW AND CREDIT.  SOON THIS WILL SPREAD ACROSS THE NATION AT EVER ACELLERATING RATES.

COULD YOU IMAGINE IF OUR FOUNDING FATHERS THOUGHT LIKE YOU????

CLEARLY A SIGN OF THE TIMES.....AND THE END OF THE WORLD AS WE KNOW IT AS GOVERNMENT WILL BE FORCED TO TAX EVERYTHING WE HAVE TO MAINTAIN SOVERIGNTY AND TO FUND BAILING OUT THE BANKS.

 

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#8) On December 26, 2009 at 2:45 PM, soowhat (< 20) wrote:

So, I'll pose the question...What are YOU doing about it??  Something tangible??? 

What would happen if the remaining workforce chose to "sit back and think about" economic collapse??  They don't have the luxury.  

Sorry, but if you don't directly address my questions above...then you have NO credibility.  

 

 

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#9) On December 26, 2009 at 2:54 PM, alstry (36.27) wrote:

Educating the population is a first step. 

When the citizens don't understand about the REAL issues confronting or care about what happens to their nation or its people.......ALL citizens will be impacted by the apathy....regardless how hard they perceive they work.

The only difference between the passengers in first class on the Titanic and the passengers in steerage was the time they found out when they would be swimming.

What we are facing has never happened before....when a certain group of citizens think they "deserve" to get a paycheck even though their employer or its customers are insolvent and another group starves and gets kicked out of their homes even though their employer is in similar condition.....how long do you think the situation remains calm before all are fighting each other?

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#10) On December 26, 2009 at 4:59 PM, alexxlea (42.32) wrote:

Actually, we do have the luxury, the luxury to disengage from the willing exploitation of our selves, in the fight against the oppression the sacrifice of not giving them another man hour must be made, it's just that most aren't willing to make it because they are under the false impression that they will someday became the oppressor if they give enough of their life to the system that crushes them.

 

And before you delete my post, like you always do fool, I would just like to say STOP CENSURING ME BECAUSE IT'S THE FREAKING TRUTH. 

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#11) On December 26, 2009 at 7:12 PM, selfdestruct2 (25.94) wrote:

Alstry is sometimes repetative, but he makes some very important points and speaks for many of us who are justified in being enraged by what is going on in this country. So much greed and injustice, and why can no one seem to learn from past mistakes in the U.S.'s short history?

 

 

 

 

 

 

 

 

 

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#12) On December 26, 2009 at 8:01 PM, alexxlea (42.32) wrote:

He sounds repetetive because the message remains the same, the fact that deleveraging of debt and devaluation of assets will be the major theme for the coming years. But he posts new links to new instances and examples of the new reality, and it's definitely not one that most are willing to accept.

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