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alstry (35.46)

It Is All Greek To Me...

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April 10, 2010 – Comments (4)

When a government no longer depends on its citizens paying taxes to function........the citizens of that nation face peril...especially if hte govenrment has the power to confiscate the citizens assets.

If you think about it, the existence of Greece as we know it hinges on whether the country gets a loan or not.....no loan, Greeces crashes to ashes......if the Greeks get a loan, the ouzo splashes......at least for a while.

In case you haven't figured it out.....that is the way America works today.....for the 50,000,000 government and health care workers....INCLUDING POLITICIANS......they get a paycheck, NOT FROM OUR TAX RECEIPTS, because government can borrow $2 trillion dollars in the form of treasuries and municipal bonds and pay workers.

But in the case of the 25,000,000 Americans who have lost their jobs and in many cases, lost their homes.....they or their boss couldn't get a loan.  Most of our domestic consumption hinges on who gets loans and who doesn't.

The crazy part about it is the ONLY reason Wall Street workers get massive paychecks and bonuses is because Wall Street can borrow for free from government and Americans to pay themselves and make even more money loaning it back to government so government workers can keep their jobs.  OTHERWISE WALL STREET AND MOST BANKS ARE BANKRUPT!!!!!

In essence, America has morphed into a nation where Wall Street and Washington have hijacked the American Economy by simply making the game one of loaning money back and forth to each other while MUCH OF the rest of the nation shuts down.

For over a year, I have been documenting the number of jobs lost and businesses shut down....starting now, we are seeing many of the cuts announced last year actually implemented.

The trend is disturbing...but even more distrubing is how few care, or are too much in fear to even discuss what is occuring.  Pretty soon the revenues to government will be so low due to little or no private economy...that government will  be forced to start taxing EVERYTHING and confiscating assets.....

Wall Street and Washington have hijacked America.....this is not a political issue distinguished by political party.....it is simply the consequence of Zombulation and they have chosen to save themselves and not the nation....unless you now define America as Wall Street and Washington.

Without a doubt, as time moves forward, the representative democracy that many of us enjoyed and defended will soon be coming to an end.......if we do not stop this trend.

Now that Washington and Wall Street no longer need your tax dollars to function......THEY NO LONGER NEED YOU!!!!!!!!!

GET READY FOR THE OUTSOURCING OF AMERICA...........CAN YOU IMAGINE HOW MUCH MONEY WALL STREET AND GOVERNMENT ARE GOING TO SAVE NOT HAVING TO PAY SOCIAL SECURITY, MEDICARE, UNEMPLOYMENT, AND FOOD STAMPS to hundreds of millions of citizens..............the more interesting question is what is what are they going to do to the people and the nation?

You better start thinking....time is running out......................................tick, tock, tick, tock, tick, tock.................................................

33 States out of Money to Fund Jobless Benefits 

 

4 Comments – Post Your Own

#1) On April 10, 2010 at 12:54 PM, alstry (35.46) wrote:

Office Vacancy Rate hits 17.7% in San Francisco

The following article makes a couple of key points: 1) office vacancy rates are still rising as leases expire, and 2) new construction has essentially stopped - and there will probably be little new office construction for a number of years.

There is a LOT MORE office space in San Francisco today than not too many years ago!!!!

Keep watching the ticker....soon there will be not much to tick........................

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#2) On April 10, 2010 at 3:07 PM, Rasbold (92.31) wrote:

15% on a three month!!!

 

Hell yeah!

 

Alstry - How the F**K did I beat your score???

You were my benchmark. May Your Dow Never Jones!

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#3) On April 10, 2010 at 5:18 PM, alstry (35.46) wrote:

My friend....a very large convulsion is about to happen  soon....when it does..... our scores will not matter in real life.

However, right now they do and I must concede for the past 12 months......I could be the worst player in CAPS.

Our governments around the nation are out of money....they are simply functioning because they currently have access to essentially unlimited credit.....that is about to come to an end.....when it does...............expect the world as you know it and your perspective on what is normal to change in ways you never contemplated.

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#4) On April 11, 2010 at 9:52 PM, Rasbold (92.31) wrote:

it is going to get worse.

 

...the economic situation, not your score!

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