America...You Better Wake Up Soon
Or you we will NOT have much to wake up to.......soon you will understand that mathematically, based on current policies, conditons MUST get worse....MUCH WORSE.
When the Fed encourages our families, businesses, cities, counties, schools, hospitals, universities, and states to over leverage on easy terms.....and then the Fed changes the bankruptcy laws, raises interest rates, and cuts off credit......our domestic consumption based economy will shut down to where there is practically no economy left.
It is amazing that Wall Street bankers are basking in billions of taxpayer bonuses when they should be just as insolvent as the homeowners they are foreclosing on........AND THE CITIZENS BEND OVER AND REMAIN SILENT AND THINK THAT IS OK.
We have become a nation of sheep where we have no problem being scanned naked while the politicians who serve us fly on private jets and we say nothing.
The local hospital where I live is turning away poor patients for the first time yet we send billions overseas for who knows what????
Almost everything you own is simply valued based on debt....and now practially everything in our economy is levered so high that it will impossible to collectively service due to the Fed pulling private credit, raising interest rates and paying practically nothing on savings.
Our nation is going broke while the bankers are getting rich.........but it is OK.....we go to war for one reason......our kids die.......and yet when we find out the reasong was a lie......we remain silent.
We lost about 25,000,000 jobs last year....we are likley to lose much more this year. Our nation is simply shutting down and much of what we do is being outsourced.
It is not really a big deal....some call it progress. If you think about it, why should you earn so much when Wall Street can take your job and do it overseas for a fraction of the cost.
Personally, I think it is OK...but when all your costs remain high and your income evaporates......you will feel the consequences. You think bankers should get free money and you pay high rates??? Benny the B knows exactly what he is doing....he knows conditions are getting worse....much worse........as we simply sit back watch his buddies drain our pension and retirement funds dry.
Ask yourself.....what self respectiing politician would bail out bankers and let those same insolvent bankers tighten credit, raise interest rates and fees, and foreclose on his or her constituents?
Here is just a small sample of our fellow citizens who lost jobs today and businesses that closed forever.....while you are being told conditions are getting better. When enough citizens are unemployed...we as a nation will be mathematically unable to support our politicians.....guess what they are going to do to you then when they owe you so much in entitlements........
Eby Construction Co - 8
Fort Worth Star Telegram - 28
Federal Reserve of Atlanta - 55
Applied Micro Circuits Corp. - 11% of Staff
The Code Monkeys - Undergoing Staff Reductions
Pelco - 100
Kira Inc Contractor at Fort Carson - 61
Oklahoma State Mental Facilities - 45 Notices
Natus Medical Inc - 50
The Saugerties School District - 8
The Abilene Russell Stover - Temporary Layoffs
City of Anaheim Ca - 11
Update: City of Reno - 12 Nonunion
Jersey Shore - 2
City of Winooski VT - 3
Charlotte-Mecklenburg Schools - More Job Cuts Possible
Village of Freeport - Proposes 4
Indiana State University - Up to 100 Positions
Update: Mayor Tim Davlin Springfield IL Plan - 15 Layoffs Now and Total of 55
Illinois Lost More Than 50,000 Manufacturing Jobs
Northern Berkshire Healthcare - 19
City of Williamsport - 2 in the Coming Weeks
Dearborn Public Schools - 30
Town of Normal IL - 5
Cloud Nine Natural Store in Augusta Ga
World Wide Travel in Galesburg
Capozio's Restaurant in South Michigan
Morton's the Steakhouse in Annapolis
Disney Store at Yorktown Center
Ligne Roset in North Minneapolis
StarTek Closing Thunder Bay Facility in Victoriaville Mall
HM Revenue & Customs ( International ) 130 Tax Offices
Art & Clay in Lancaster
2 Brookshire Grocery Stores in Jackson Mississippi Area
The Uno Chicago Grill restaurant in Spotsylvania Va
The Clear Haven Centre ( International )
Foodservice Division of Hoffmaster Group Inc Suspends Production at its West Haven Facility
Switzerland's Lonza Group Closing 3 Sites - 175 Jobs Lost
Renault ( International ) to Shut Down Production of its Clio Model in Spain and Slovenia
Update Kiddie Kandids Closes 184 Studios
Update: The two area Kalamazoo Kmart Stores Will Close Feb 14
Apple River Middle Illinois Possible Closing
Tabu Ultra Lounge and Nightclub in Saugus MA Closing?
Market Place Gifts and The Walking Co. Both Closing in Boise Mall
Maestro's Cafe in Statesville NC?
The Book Mark in Mount Pleasant
Tacoma’s Bronze Works in WA
Rainbow Children's Center in Coshocton
2 Loveland Colorado Restaurants
Chester Middle School in VA
Raytheon to Close Derry Plant ( International )
Dry Bridge Station Train Store in Mount Airy
John-Richard Furniture in Tennessee
Thiele Manufacturing in Somerset County Closed for Good?
Eastcoast Music Mall in Danbury CT
Monkeytown in Williamsburg
Sollenberger's Engraving & Awards in Chambersburg
Bodhi Tree Bookstore in La
Home Town Furniture in Barstow Ca
Gertrude Hawk Chocolates Retail Store
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