The Economic Crisis

wtc_fires_long2_small21A Letter to the Illuminati and their Response

 

The Economic Crisis: [Around 9/9/01]

 

Business activity in the United States is in a continuous declining stage.  And, a lot of politicians are starting to include the word “Recession,” in their vocabulary.  Even as some politicians attempt to convey their interpretation of our current economic decline with optimism, I sense pessimistic overtones, as they consider dipping into the so-called social security “Lock Box,” which they vowed not to do except for as they now say in the case of war or a recession.

 

It is said that our economy is “Consumer based” and “Energy driven.”  The average person’s interpretation of this statement is that, as long as the multitudes use their money to consume goods and services, and the energy supplies are available to sustain these business activities, we will experience good economic times.  In reality this statement is a deception, the reality of the matter is that our economy is actually “Capitalist based,” in that as long as investors can make a profit by means of our consumerism, we will experience a good economy, meaning that they will hire people for jobs, as long as they spend most of their earnings on consumer products, and pay their taxes.

 

I understand the importance and the nature of these capitalistic principles, which allows many Americans to enjoy a high standard of living; however, it has its faults.  By design our economic system deprives many Americans of the so-called American dream, whereby the average hard working American cannot accumulate moderate holdings, either one will have abundance, or not much at all.  Too many Americans are living as little as two checks away from homelessness.

 

It is my position that our current economic woes are as a result of corporate greed and government mismanagement.  The bottom line is that we the American people are in over our heads with government and consumer debts, and the big corporate America investors are cashing in on their profits.  It is no secret that the government is in enormous debt, and is using the social security surplus to pay down on it, which will have to be paid back by tax revenues in the future and/or new borrowing.  But, also one must recognize the enormous consumer credit card debts, which are in the range of trillions dollars.  People are not engaging in consumer spending as much as in the past, because they are trying to pay for what they already purchased.  Meanwhile, companies are firing people, because profits are down.

 

You may think that my statement about corporate investors cashing in on profits is absurd, because everybody knows the stock market is on a down trend.  However, the price of stock depends on what people are willing to pay for it.  Stock prices raise when there are more buyers than sellers, and when people try to unload their stock to cash in on their profits in large numbers, the stock prices decline.

 

What people need to realize is that the so-called booming economy we recently experienced was a big gimmick that was generated by credit, and now stock prices are basically coming back down to earth.  The whole economic boom was a big scheme, and the American people played right into it.  As a result of this recent charade, unlike never before, there is a huge disparity between those who have and those who have not.  And, I know for a fact that, key members of the underworld not only orchestrated this strategy to create enormous consumer debt, but, also they orchestrated the strategy that created our current government debt.  The whole economic crisis is a conspiracy.

 

The basis of the recent booming economy was a technology craze, and Microsoft played a major part in it.  People were sold on the idea that computers are not only an important part of the future, but, that everyone should immediately own one.  As people were attracted to this new technology and lead on by constant upgrades that were preceded by the new millennium glitch hype a lot of money was made in the high tech industry.  People jumped into the technology industry without reservations, both in the consumer and investment ends, in what seemed to be an endless and promising systematic activity that people now realize was a very risky enterprise.

 

The illusion of a booming economy without a foreseeable bottom, with enormous growth in the technology sector created strong consumer confidence.  Meanwhile, those who orchestrated this conspiracy were invested early, and therefore were recipients of huge returns, by enjoying their gains from the beginning.  Then, you had the investors who simply got on the bandwagon, some came out winners, but, far more were clearly losers.  And, you had the consumers who went on a spending frenzy, who now find themselves with a bunch of depreciating junk, and are now in enormous debt.  And, now if you observe the pharmaceutical industry, a new frenzy is on the horizon, whereby, people are lead to believe pills can “cure all.”

 

So now the questions are: What is the solution to our economic crisis?  What role should the government play?  And, what role should the private sector play in finding a solution?  I believe that if we really want to find a solution to our economic decline, we must first honestly recognize the facts, as to why we are in our current situation, and stop pretending that our economy and its trends are by chance.  We must find a lasting solution to a declining economy that is plagued with consumers deeply in debt, with a government that is deeply in debt, and by nature an economy that selfishly thrives on profiting from consumer and government spending.

 

To tell you the truth, there is no conventional solution to America’s economic crisis.  The American government and its people have been financially raped.  And, it’s just a matter of time, that if unconventional actions are not taken, this nation will collapse.

 

These superficial solutions coming out of the political camps, to revive our economy are ludicrous at best.  The one that captured my attention is the idea that reducing the capital gains tax, would resurrect our economy by creating more investment capital.  In other words, like the Savings and Loan Scandal, they want the hard working American tax payers to absorb the losses of those who made bad investments, thereby, dragging the government and therefore the American people down further into debt.

 

The secret behind the only real and lasting solution to our long term economic crisis is the question of the legitimacy of our government’s debts, which must be paid back by the people.  We need to ask, who is really behind it?  What do they want?  And, with the understanding that the fall of America will not benefit either party, I believe we should really consider the redistribution of our nation’s wealth, to include reparations for descendants of African slaves in America, and debt relief to the United States government by its creditors.  This can all be accomplished by creating laws as a result of negotiations that will create an even playing field for all Americans.  I believe America’s economic crisis is a wake up call; however; still it is up to the American people to respond to it, or continue to sleep in the bed we have made for ourselves, which will lead to our civil destruction, as a result of a financial collapse.

 

{ON: 9/11/01}  {The WTC & the Pentagon was attacked} That was the answer from them!

 

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Published in: on January 28, 2009 at 6:20 am  Comments (2)  

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2 CommentsLeave a comment

  1. […] Go to the author’s original blog: The Economic Crisis « Frank Paul Gambino […]

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