IS DEMORCRAY/EQUAL RIGHTS DEAD IN AMERICA????
January 04, 2010
– Comments (6)
We have politicians getting paid simply because they have access to unlimited free credit while tens of millions of Americans are losing their jobs, livlihoods and homes.
We have insolvent bankers receiving trillions of dollars of aid from the government while insolvent private citizens/business are facining increased borrowing costs and tightening credit.
Ask yourself this simple question:
When two private parties enter into a contract....how can the government step in a bailout out one party and not the other????
What about All Men Are Created Equal or Equal Protection under the Constitution...the essence of what America stands for?
When the parties you are bailing out are a few banks on Wall Street and the parties you are not are tens of millions of private citizens/businesses....pretty soon the tens of millions fail and only the few survive.
The insane part is after the tens of millions fail, there is not enough revenues being generated in the system to sustain the system.....absent an ability to get free credit regardless of what or how much you produce.
What many of you Fools will realize as we proceed into 2010 is that our system is shutting down. Government is now spending over twice the revenues it is bringing in simply to maintain the illusion of a functioning economy. The only reason we have a health care system is because 2/3 of the revenues comes from a government that does not have the funds to fund it. Never has this happened in American history before.
Many many private business have drawn down inventory as we ended 2009.....now it will be impossible for many to restock inventory for the new year because they don't have the funds and the line of credit has been curtailed. Many of these business will be forced to shut down.
Again...ask yourself one simple question.....what kind of nation with a so called representative democracy primarily bails out a few money center banks and leaves its private citizens high and dry????
Why should an insolvent banker/politician have a job and a retirement account while an insolvent truck driver, manufacturer, or construction worker have nothing?????
Virginia Department of Transportation - 678 Layoffs Notices Issued Today
Alcoa Tennessee Operations - 90
Guaranty Bank Closure - 270 in Travis County
Kamloops-Thompson School District - Job Cuts Possible
The Longaberger Company - 125
Dartmouth College Seeks to Reduce Staff Size?
Large Law Firms - More than 12,000 Job Cuts in 2009
Trumbull County Board of Developmental Disabilities MRDD - 18 Layoff Notices
RSS Headlines
Fool UK