What The Heck Is Happening To America???
November 14, 2009
– Comments (25)
We are suppposed to believe that 40 of our best and brightest about to be deployed were gunned down by a single whacky psychiatrist carrying a .357 and 9mm in each hand like Jesse James and had time to get off over 100 rounds and reload being forced to put one gun down without being stopped by the best trained soldiers in the world?
We are supposed to believe that bankers are doing god's work and god wants them to get billions in bonuses paid by taxpayers?
We are supposed to believe that it is OK for insolvent bankers to kick out insolvent citizens from their homes?
We are supposed to believe that it is not usury for an insolvent bank to charge 29% on a credit card when taxpayers are extorted into giving that same bank billions of dollars for free?
We are supposed to believe that when tax receipts are down around 20% that the GDP has only contracted 5%?
We are supposed to believe that it is practically impossible for Goldman Sachs to have a losing day trading without somehow gaming the system?
We are supposed to believe that we are only in a recession when about 20% of the labor force is unemployed?
We are supposed to believe that conditions are improving when tax receipts are evaporating while running a $2 Trillion dollar deficit?
We are supposed to believe that the banks are solvent when they are lying about the value of assets and the FDIC is out of money shutting down more and more banks without any geographical concentration?
We are supposed to believe that our politicians represent the citizens when the citizens are being bent over by Wall Street to an extent never before seen in human history?
We are supposed to believe it is OK to pay a private contractor $200K per year standing next to a soldier making less than 1/5th that amount in the same conflict?
We are supposed to believe that our deficit is going to contract as cities, counties, and states are running out of money, our population is aging, poverty is exploding as tens of millions of Americans are losing their jobs or suffering massive wage losses?
We are supposed to believe that shutting down over 6000 auto dealerships, suffering a 70-90% decline in commercial real estate sales in prime major cities, 40,000,000 Americans on food stamps, 50,000,000 Americans uninsured, 10,000,000 families facing foreclosure and bankruptcies growing rapidly is NOT a depression?
What will America look like next year when millions of additional businesses shut down, tens of millions of additional workers get fired and/or suffer more wage loss, few hiring, and government cuts and slashes spending trying to keep up with declining tax receipts???....and we are supposed to believe the recesssion is over?
What else will we be supposed to believe??? Stay tuned because when you don't have a pulse.......the outlook is grim.