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Posts Tagged ‘recession’

I have to wholeheartedly agree with Gerald Celente’s comments and observations. There is NO reason for Wall Street to be at the 10,000 level. There is no “recovery.” There is no recession either. This is indeed a depression.  Wall Street’s actions this week are just the results of more fictitious acts that We the People are supposed to buy into.  Man, are we all watching the same emperor here or what?  He has NO clothes, folks.  You do know that our own government is playing the market in order to help create this facade, right? In fact, there is just about as much of a reason for the market to be at 10,000 as there is for Obama to be awarded the Nobel Peace Prize!

See Celente’s comments here: http://www.wnd.com/index.php?fa=PAGE.view&pageId=112452

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brand-new-house*There’s a brand spanking new house on my street that has lost over $10,000 in equity every single month for the last 10 months!

 

*The Dow is just barely above 7,000 points which is a critical support level of our economy.  Once it goes down below that, then we will lose a significant number of investors who have reliably played a part in our economy. 

 

*Banks STILL are not lending freely with the tax dollars we’ve provided them–whether it be home mortgages, business loans or auto loans.  Previously banks would issue about 130% of the book value of a brand new car so long as you had a credit score above 680.  Now you have to have a 750 credit score to get 105% of the book value for a brand new car!  Wait a minute.  I give you the money so that you can lend, and then you don’t lend to those who gave you the money?  Something is VERY wrong here.

 

*Cheese, produce, and grains have increased in price by as much as 400%.  I used be able to buy an artichoke for less than a dollar each.  Now it’s nearly $4 each.  A bag of wheat used to cost $8.99 for a 50 pound bag.  Now it’s as much as $45 for the same 50 pounds!  The same goes for rice, cheese, milk, etc. 

 

emperors-new-clothesI don’t know how “rich” Obama thinks the wealthy are, but he’s ridiculous to think that the rich are going to be able to pull us out of the recession.  Thinking that the government is the answer to this crisis is WORSE than “The Emperor’s New Clothes” because the emperor is strutting around naked, trying to tell everyone that he’s wearing new clothes, but he actually KNOWS that he’s strutting around in his birthday suit!

 

There is discussion going on in Capital Hill right now that in order to “save” the elderly, they are going to take over the administration of retirement accounts.  WHAT?  You mean the same government who can’t properly oversee the bankrupt Social Security accounts of our nation now want us to believe that they can handle our other retirement accounts?  This is the same government which doesn’t know the difference between a Promise and a Lie.

 

The government can’t even count votes, can’t pay their own taxes, overpays by BILLIONS of dollars for assets which they buy, can’t “make” banks give loans even when they provide them with the money to do so, can’t protect the freedom of our citizens — which is their number one responsibility — and can’t even take the time to read what they are voting on, and yet we’re supposed to believe that they are the sole solution for this economic meltdown?  PUH-LEEZE!

 

If this keeps up we’ll WISH we were living in a socialistic nation, only because it’s the lesser evil to a monarchy!

 

I believe that there are still REAL Americans out there that are starting to recognize that they’ve been hoodwinked, who are not cowards as the Attorney General likes to call them.  I think a Boston Tea Party is the least of our governments concerns. 

 

The Government has forgotten their purpose – to SERVE the American people.  Instead they are helping themselves to the fruits of the labors of the American people. They have forgotten that a FREE people are responsible for giving them any power in the first place, and that a FREE people have the rights to reclaim and reorganize that power. 

 

reclaim-freedomPeople of America, exercise your rights and make those cell phones and e-mails, fax machines and overpriced stamps actually mean something.  WRITE your legislatures, senators, congressmen, governors.  Reclaim your freedoms!  Our hard earned liberties which have cost the lives of thousands are being depleted more stringently and in more atrocious manners than any cause ever before!

 

Our lives, liberty and property depend on these freedoms.  Our peace and happiness depend on these freedoms. 

 

This crisis of our nation isn’t just about “overcoming the economy”. Warren Buffet was quoted today as saying that the American people “have overcome worse.”  No, they have NOT — to be completely forthright. They have NEVER been confronted with such a financial crisis COMBINED with a crisis of freedoms and rights!  Their money AND their freedoms are being stripped away.  This is a crisis that we have NEVER had to overcome previously.  I PRAY that we have the strength to overcome it now.

 

 

To find out who your local legislatures, senators, congressmen, governors are to contact, please visit http://www.visi.com/juan/congress/.

Copyright 2009 Kellene Bishop. All rights reserved.
You are welcome to repost this information so long as it is credited to Kellene Bishop.  
 

 

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