Greed in America has
caused Economic Disaster in Epic Proportion
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Jan.
7, 2009 American Greed has exploded into a
pre-depression state in our economy and anything
short of a miracle, will have this country
repeating history once again, and throwing the
majority of our citizens into financial ruins.
While there are many factors that have aligned
themselves independently and unknowingly
together, a bleak short range financial chaos is
unfolding.
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This
information is not meant to create a panic, but
realistically, if you are living in a state of
uncertainty
of what to anticipate in the short term of our
current
economic status and how you can be affected,
these
series of videos paint a picture of factual
history of
what has happened and the elements of what led
up
to the realities of a system designed around
financial
powers and not from the obvious sources that
actually
control our economy.
This Video
is Part 1 of a Series of 5 Videos that depicts the
financial history of the U.S. and the cause and effects
of what is prone to repeating itself. It's highly
recommended viewing to understand our current financial
position and what could be on the near horizon.
Our
founding forefathers were
some very distinguished
gentlemen with noble intentions, and even in their infinite
wisdom became confronted with much of the same
realizations
that we are very close to seeing come to pass once again.
With a new presidential cabinet and administration currently
being established and taking office, the challenges that they
face are greater than any previous administrations since the
Great Depression Era. That should cause you as an American
to understand just how serious this country's welfare is
suffering under the financial radar.
With bailouts and stimulus packages being decided and
administered, when have you seen in your lifetime these
type of drastic actions take place before?
Banks in this country are feeling
the financial pinch and
if the banks are being affected what will be next? During the
Great Depression era some 9,000 banks became insolvent
and were closed. This was not due to mergers but the lack
of obtaining a cash flow in which to operate.
With as
much global realization, of the world financial status, that is
currently affecting every country's financial markets simultaneously,
it would pay you to watch these series of videos to better
understand what is at stake and why the new presidential
administration is up against some very difficult times. Even
before being inaugurated President-elect Barack Obama has warned
that our economy will see worse times before it see better, and
in the interim, plans are being rushed to soften the impact as
much as possible. President Obama has drawn a considerable
amount of his background knowledge from former U.S. President
Abraham Lincoln and this may be an omen of sorts, in just how
serious the task at hand really is.
With any thriving economy you
encounter greed, but this country has seen the basics of a
country's operations be manipulated into
basically two groups, group one, the hording and controlling class, and
group two, the
working class, that provides the oil to the daily wheels that
must continue to turn, in order for the controlling group to blindly
create false fortunes. When I say false fortunes, I mean the
very few individuals atop most of the fortune 500 corporations have no
clue as to what actually feeds their so called fortunes. They
live in a fantasy world of riches that were not earned, nor do they
understand what it means to miss a days work and be unable to
pay a debt that is due and payable.
The days of a large work force company being in a position to
provide their employees a stable work schedule and provide
employee benefits including health insurance, that help to
offset the rate of inflation are gone, and yet in order to
maintain
the wealthy few, their false and undeserving fortunes,
they have taken away more from the working class, than can
sustain
their greed they have become accustom to. They do not understand
the meaning of loyalty, dedication, craft skills, and
giving back to those who have made them their fortune. There
only knowledge is of legal clauses and loopholes that allow
for financial gains without merit. A perfect example of this is
in the bailout packages, company leaders were quick to ask for
free money assistance, and once given, continued to shower the
undeserving top few leaders and do nothing for the company's
welfare.
The
Bernard Madoff scandal, where he has scammed some 50+ billion
dollars from his customers, is only a single case of the
greed and selfish acts of greed in America. While this case is
clearly fraud, the countless CEO's and business owners who are
receiving extremely high salaries, bonuses, and compensation
packages, regardless of the financial stability of their
respective companies is as much a contributor to the greed and
downfall of our economy.
The government cannot continue to print money for the cure of
the economy. For every dollar printed there is interest attached
to it, in order to back the existence of it. The recipient of
that interest has more control over the state of our economy
than any lawmakers. Do not overlook who those people are, that
allow more money to be placed into circulation.
