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alstry (36.27)

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January 03, 2010 – Comments (9)

We as a nation can no longer support our governments'  $6.5 trillion dollars of spend now that Benny The B and his banker buddies have cut off credit to the nation......you will start to see tensions rise between the private sector shutting down and government demanding more and more money to maintain politicians incomes.......

Plunder! How Public Employee Unions Are Bankrupting the Nation

Jack Dean at Pension Tsunami just emailed subscribers a note to watch Steven Geenhut, author of Plunder!: How Public Employee Unions Are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation on C-SPAN2 tonight at 10:00PM EST.

YOU CUT OFF THE PRIVATE SECTOR FROM CREDIT.........THE GDP EVAPORATES......

A divide is developing in our nation between government and bankers having access to unlimited free credit and the private sector seeing interest rise and credit tightened or eliminated completely.

As yourself, why should bankers and government get access to free credit and NOT the private sector???

As tension rises within the nation.....is it in government's interest to distract the nation with foreign entanglements?????

YOU KNEW WHEN:

FDIC WAS OUT OF MONEY

FHA WAS OUT OF MONEY

FNM WAS OUT OF MONEY

PENSION GUARANTY WAS OUT OF MONEY

THE MONEY CENTER BANKS WERE OUT OF MONEY (EXCEPT FOR BEING GIVEN FREE CREDIT AND PERMITTED TO LIE ABOUT THE ASSETS ON BALANCE SHEETS)

THE AUTO COMPANIES WERE OUT OF MONEY

NOW THE PRIVATE SECTOR IS SHUTTING DOWN AT AN ACELLERATING RATE AND TAX RECEIPTS TO GOVERNMENT IS EVAPORATING......

Governments Statewide - Layoffs / Pay / Program Cuts all Possible 

IT MUST BE FUN LIVING IN FANTASY LAND WITH ACCESS TO FREE CREDIT.........UNTIL THE FACTS OF REALITY FINALLY SET IN......

 

 

9 Comments – Post Your Own

#1) On January 03, 2010 at 8:11 PM, PSU69 (88.65) wrote:

alstry is happy writing negatives.....can she write any positives?

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#2) On January 03, 2010 at 8:18 PM, topsecret09 (44.12) wrote:

ATLANTA (Reuters) - A dismal job market, a crippled real estate sector and hobbled banks will keep a lid on U.S. economic growth over the coming decade, some of the nation's leading economists said on Sunday.       http://www.reuters.com/article/idUSTRE6021LK20100103       TS 

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#3) On January 03, 2010 at 8:21 PM, alstry (36.27) wrote:

It is a positive that people finally waking up to the fact if you give bankers and government free money and cut off credit and raise interest rates to the private economy.....you shut down the system as we know it.

And if the system shuts down....the only left to do is fight....whether between ourselves or the outside world.

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#4) On January 03, 2010 at 8:25 PM, topsecret09 (44.12) wrote:

   Remember Lee Iacocca, the man who rescued Chrysler Corporation from its death throes?  He's now 82 years old and has a new book, 'Where Have All The Leaders Gone?’
 
 Lee Iacocca Says: 

'Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage? We should be screaming bloody murder! We've got a  gang of clueless bozos steering our ship of state right over a cliff,  we've got corporate gangsters stealing us blind, and we can't even clean  up after a hurricane much less build a hybrid  car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, 'Stay the course..'

Stay the course? You've got to be kidding. This is America , not the damned, 'Titanic'. I'll give you a sound bite: 'Throw all the bums out!' 
 


You might think I'm getting senile, that I've gone off my rocker, and maybe I have.  But someone has to speak up.. I hardly recognize this country anymore...

The most famous business leaders are not the innovators but the guys in handcuffs...  While we're fiddling in Iraq , the   Middle East is burning and nobody seems to know what to do. And the press is waving 'pom-poms' instead of asking hard questions. That's not the promise of the ' America ' my parents and yours traveled across the ocean for. I've had enough. How about you? 

I'll go a step further. You can't call yourself a patriot if you're not outraged.  This is a fight I'm ready and willing to have. The Biggest 'C' is Crisis!  (Iacocca elaborates on nine C's of leadership, with crisis being the first.)

Leaders are made, not born... Leadership is forged in times of crisis. It's easy to sit there with your feet up on the desk and talk theory. Or send someone else’s kids off to war when you've never seen a battlefield yourself. It’s another thing to lead when your world comes tumbling down.

On September 11, 2001, we needed a strong leader more than any other time in our history. We needed a steady hand to guide us out of the ashes. A hell of a mess, so here's where we stand.

We’re immersed in a bloody war with no plan for winning and no plan for leaving. 

Obama is running the biggest deficit in the history of the country. 

We're losing the manufacturing edge to Asia , while our once-great companies are getting slaughtered by health care costs. 

Gas prices are skyrocketing, and nobody in power has a coherent energy policy. Our schools are in trouble due to poor leadership in school districts. 

Our borders are like sieves. 

The middle class is being squeezed every which way. 

These are times that cry out for leadership.

But when you look around, you've got to ask: 'Where have all the leaders gone?' Where are the curious, creative communicators? Where are the people of character, courage, conviction, omnipotence, and common sense? I may be a sucker for alliteration, but I think you get the   point.

Name me a leader who has a better idea for homeland security than making us take off our shoes in airports and throw away our shampoo?

We've spent billions of dollars building a huge new bureaucracy, and all we know how to do is react to things that have already happened.

Name me one leader who emerged from the crisis of Hurricane Katrina. Congress has yet to spend a single day evaluating the response to the hurricane or demanding accountability for the decisions that were made in the crucial hours after the storm. 

Everyone’s hunkering down, fingers crossed, hoping it doesn't happen again. Now, that’s just crazy. Storms happen. Deal with it. Make a plan. Figure out what you're going to do the next time.

Name me an industry leader who is thinking creatively about how we can restore our competitive edge in manufacturing. Who would have believed that there could ever be a time when 'The Big Three' referred to Japanese car companies? How did this happen, and more important, what are we going to do about it?

Name me a government leader who can articulate a plan for paying down the debit, or solving the energy crisis, or managing the health care problem. The silence is deafening. But these are the crises that are eating away at our country and milking the middle class dry. 
 
I have news for the gang in Congress. We didn't elect you to sit on your asses and do nothing and remain silent while our democracy is being hijacked and our greatness is being replaced with mediocrity. What is everybody so afraid of? That some bonehead on NBC news or CNN news will call them a name? Give me a break. Why don't you guys show some spine for a change?
 


Had Enough? Hey, I’m not trying to be the voice of gloom and doom here.  I'm trying to light a fire. I'm speaking out because I have hope - I believe in America . In my lifetime, I've had the privilege of living through some of    America ’s greatest moments. I've also experienced some of our worst  crises: The 'Great Depression,' 'World War  II,' the 'Korean War,' the 'Kennedy Assassination,' the  'Vietnam War,' the 1970's oil crisis, and the struggles of recent  years culminating with 9/11.
 
 If I’ve learned one thing, it's this: 'You don't get anywhere by standing on the sidelines waiting for somebody else to take action. Whether it's building  a better car or building a better future for our children, we all have a role to play.     

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#5) On January 03, 2010 at 8:56 PM, MikeBobulinski (< 20) wrote:

An Alstry thread I actually enjoyed reading...thank you topsecret09 for posting the Iacocca piece.  That was a very good read.

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#6) On January 03, 2010 at 8:57 PM, topsecret09 (44.12) wrote:

   No problem Mike..........    TS

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#7) On January 03, 2010 at 9:57 PM, alstry (36.27) wrote:

America is finally waking up.....and it's about time.

We are dividing into two camps....those with access to unlimited free credit and an income....primarily those in the government and wall street banking and those with credit being cut off and interest rates rising....those in the private sector not selling the government.

In the past, the only reason that government and bankers were able to earn money was because the private sector was producing and supporting them with cash flow.

Now, cash flow to the private sector is drying up and the only reason government workers and wall street bankers have a job is because they have access to free credit.....otherwise they would be shutting down just like the private sector.

Conditions have deteriorated so much in the past year that if we taxed all businesses and those individuals earning over $100k....100% of their entire income, it would not be enough to fund government and wall street anymore.

Wall Street and Government are now operating on a financially corrupt basis as millions of Americans lose their jobs, homes, and families in some cases as a result of the stress.

People are finally waking up....do you think it is a coincidence that tension around the world is heating up at the same time?????

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#8) On January 04, 2010 at 8:13 AM, dudemonkey (37.63) wrote:

Great piece from my hometown boy, Lee Iacocca.

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#9) On January 04, 2010 at 8:17 AM, dudemonkey (37.63) wrote:

And alstry, I know people give you a hard time and I can be one of those people, but I'm glad that you never let that discourage you.  Keep on reportin'!

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