Recent Policy Decisions and a Greater Depression [View article]
Professional Politicians Have Destroyed The American Way of Life
Advocates for one world government, including the Clinton and both Bush administrations, have exported our jobs under the guise of global free trade. A natural consequence of this globalization is an equalization of living standards. That is, the living standard of Americans is being permanently reduced while living standards in China and India soar. Most jobs, once exported, will never return to the United States.
The Federal Reserve has allowed our currency to depreciate by more than 95% in its futile attempt to maintain full employment instead of preserving the purchasing value of the U.S. Dollar. The U.S. is now bankrupt with no possible way to repay our debts. These same professional politicians are now destroying what is left of American Citizen’s lifetime savings in a futile attempt to inflate away the debts of the fiscally imprudent. After they decimate what is left of our fiat currency, decades of depression will follow if they do not reverse course now.
Any bankrupt, including the United States, should terminate all unnecessary spending, reduce necessary spending to an absolute minimum and do everything possible to increase income. Our entrenched professional politicians are doing the opposite via their standard approach of throwing an ever depreciating currency at the problem. After almost eight trillion dollars, they continue their futility. Since they have bankrupted the nation, they now take money from fiscally prudent that can still provide jobs and income and give it to the fiscally imprudent that cannot provide jobs and income.
Unless our Federal Government immediately recognizes the fallacy of its present course of action and adopts the above steps to emerge from bankruptcy, America is doomed. Why are so many economists, financial experts, news reporters etc. not recognizing this is what the advocates of one world government want, being a bankrupt and demoralized citizenry.
Recent Policy Decisions and a Greater Depression [View article]
Advocates for one world government, including the Clinton and both Bush administrations, have exported our jobs under the guise of global free trade. A natural consequence of this globalization is an equalization of living standards. That is, the living standard of Americans is being permanently reduced while living standards in China and India soar. Most jobs, once exported, will never return to the United States.
The Federal Reserve has allowed our currency to depreciate by more than 95% in its futile attempt to maintain full employment instead of preserving the purchasing value of the U.S. Dollar. The U.S. is now bankrupt with no possible way to repay our debts. These same professional politicians are now destroying what is left of American Citizen’s lifetime savings in a futile attempt to inflate away the debts of the fiscally imprudent. After they decimate what is left of our fiat currency, decades of depression will follow if they do not reverse course now.
Any bankrupt, including the United States, should terminate all unnecessary spending, reduce necessary spending to an absolute minimum and do everything possible to increase income. Our entrenched professional politicians are doing the opposite via their standard approach of throwing an ever depreciating currency at the problem. After almost eight trillion dollars, they continue their futility. Since they have bankrupted the nation, they now take money from fiscally prudent that can still provide jobs and income and give it to the fiscally imprudent that cannot provide jobs and income.
Unless our Federal Government immediately recognizes the fallacy of its present course of action and adopts the above steps to emerge from bankruptcy, America is doomed. Why are so many economists, financial experts, news reporters etc. not recognizing this is what the advocates of one world government want, being a bankrupt and demoralized citizenry.