fyi
1) We cannot ever have a case of “too big to fail again”
2) We cannot have financial institutions playing hight stakes poker with depositor cash at risk
3) We cannot have any more favoritism of Wall St. any longer
4) No more bailouts for failure
Ask yourself such questions as: Who passes deficit spending budgets that creates inflation that devalues your earnings and savings? Who controls tax rates? Who, with years of deficit spending has created a national debt that has this nation on the brink of bankruptcy? Who plays one group against the other by encouraging envy and jealousy? Who never reduces it’s spending or payroll even during tough economic times? Who tells you what to think and do and act?
Who established the Fed? Who controls the money supply? Who restricts the private sector from creating new businesses and new jobs? Who spends money on worthless and expensive green programs that contribute very little to the economy? If you say banks and Wall Street your head is deep in denial. It is GOVERNMENT. Banks and Wall Street may add a little to the mess, but what they do affects a few, while what GOVERNMENT DOES AFFECTS THE ENTIRE NATION AND YOU.
The Fed is a bunch of money printers. Until the system is reformed and we have sound money, nothing can change. We have to bite the bullit and have the depression now with deflation or we’re going to go on like this for another 10-15 years, with massive inflation to boot. Thinking that there is some human being with super intelligence who can figure out how to properly manipulate interest rates for the greater good is naive.
The greatest time of prosperity for this country was during the late 1800’s. Wages increased 3 percent per year while prices decreased a similar amount. It was the time before the country became a Welfare-Warfare state. True we didn’t have the interest, iPhones or flat screen televisions, but more people became wealthier than can be appreciated now.
There is no Lone Ranger out there with his silver bullet who’s gonna save us. There are no men with the wisdom of our founding fathers, lurking in the shadows waiting to take the reigns of power at the precise moment.
All we have are a bunch of demented 80 plus year olds in the senate and a bunch of badly dressed guys with tupees in the house.