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alstry (< 20)

Why The Rich Are So Scared....



October 11, 2010 – Comments (2)

Because they are only rich because our government is running a massive deficit and they are the primary benericiaries of that deficit through subsidies and handouts to their investments and retirement accounts.

However, the world is getting tired of our Ponzi Economy and the wars it is subsidizing......when we really are producing no where near enough to sustain our current standards....and this issue is not just limited to the U.S.

Instead of borrowing by our private sector to drive government and Wall Street......the game has been inverted and now borrowing by Wall Street and government is driving our Ponzi economy.....and without such borrowing we really, and much of the world, doesn't have an economy.

You can see the conflicts popping up all over the place.....

Rising leaders in Chinese military 'view United States as the enemy'... will only continue to deteriorate as Benny Bin Bernanke continues his Zombulation policies....

2 Comments – Post Your Own

#1) On October 12, 2010 at 1:14 AM, Andrea09 (< 20) wrote:

The present economic turmoild may brought our investors so much fears and confusion but I think amidst of this situation we have to make a compromise agreement that every sector should help to get out with this economic mess. Who would want to prolong with this current dilemma , of course no one whould want, what I'm trying to empahasize is that we should all be cooperative on how we can deal with this situation. I know that econmic recovery wont happen immediately but at least we are trying to fix it now before it gets worst.

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#2) On October 12, 2010 at 11:18 AM, mtf00l (44.68) wrote:

In the monopoly game of life, we are the pawns.  The rich you refer to Alstry, are those who still rely on a salary.  The truly rich "elites" have no worries.  They own and control the real wealth of nations.  They are the truly inside traders who look out for each other.  Manipulate markets and governments and decide when to apply pressure to make market and political changes.  Yes, we can all have hope and faith, those are free gifts.  Additionally, if we can figure out how to successfully subsist in the greater game so much the better.  That said, as more and more get squeezed out of the perception of "middle class" that kumbaya experiment will be more and more difficult to continue.

*Full Disclosure: Not a Tea Party-er, Not a Pessimist, a Realist waiting to be pleasantly surprised.

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