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« The Facts Say Otherwise | Main | A Familiar Pattern »

March 16, 2012

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Oh man, I followed this link. These stories are depressing and the toughest part personally is I know the US has done nothing to actually improve the outlooks and in fact just make things worse by running up the USA credit card bill even further.

Hate to be selfish, but I "hope" that "change" doesnt happen to me.

Yes, and the system is decaying at a much
faster rate since January,by system I mean
the dollar hegemony and US leadership.
Opposition to the US is growing by leaps
and bounds.How do we reconcile that with recovery?

Honest people are having a very difficult time in this economy.

The dishonest....well they seem to be fine...as usual.

See..."MF Global is worth more to its Creditors Dead than it was Alive" says Fund Manager Mark Melin

And speaking of the need to admit guilt, what ever happened to Jon “the Don” Corzine? The MF Global brokerage trustee says they know where some more money is — they want to distribute another $685 million dollars to customers, while another trustee has been asked by US lawmakers to abort his mission to pay out bonuses to MF Global executives. But just who are these trustees? We’ll expose this and more.

http://youtu.be/wmbzV2g0ook

Guys all of the hoopla over the Election Year is TOTAL BS. I have a great job but watch economic news VERY CLOSELY.

1. If you have a good job, you might be able to see recovery on the surface. When you look under the cover, its all kaka!
2. if you have an OK job, you might be in constant fear seeing layoffs around you, and feel it is a recession.
3. If you just lost a job, you might feel that we have never come out of a recession, and might be calling it the worst recession.
4. If you have lost a job (like this story, and many have), it is PLAIN OLD DEPRESSION for THOUSANDS AND MILLIONS.
5. If you have lost a job and foreclosure of house is around the corner, then this is 1929-1932 for some, and I know many.

So, damn-it, where is the recovery when SO MANY hard working Americans who have done the right thing for so many years / decades have to deal with number 2 through 5. Where is the "Change" from Obama.

I will tell you where the "Change" of Obama is going. I have Apt Buildings and rent to people in the Blue-Collar worker space (yes, I invested in these cause I do not know where my job is going either in the next 2 thru 10 years). And, these people one after the other have figured out how to tap Obama's Free Money plan. Either they are getting over 2 years of unemployment without really searching for a job (on some TSA type of extended plan - don't know), or they are getting some welfare type of payment or are using the medical system for free or are just plain on some payment plan from the city or county. They are really enjoying the 'Change' and this is all at the cost of the fewer number of tax payers that are still forced to pay taxes since they are employed. I am not complaining about My Taxes, but complaining that money that Obama is giving away is giving a free ride to some of the non-deserving people, whereas those same funds could be put to use to increase the overall employment in the country and get people who are umemployed back to work.

As you can tell, this article is something that has touched a nerve, and I just see Obama (and I am using his name as a general term for all POLITICIANS here, and not counting on Demo or Rep) digging USA into the ground, and removing the word "United" out of it, since it will be DSA (Divided States of America) without the title of being a Super-Power, and of course, handing the reigns to Chindia (China + India) with the $1T to $2T of surplus in their countries and $14.8T deficits in our country (almost over 100% of the GDP number now, for those following this eco closely).

God Bless the Needy People of America, and Teach the Politicians a Lesson......

Kenny

kenny is a bloodsucking slum landlord..

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