Tuesday, March 15, 2011
Is the "American Dream" Dead?
Suze Orman wrote a book by that name, and she’s right to ask as long as we have that idiot in the White House. Everything he does, it seems, is DESIGNED to make this economy worse so he can impose SOCIALIST measures on us while falsely blaming the free market and what they call capitalism for every problem HE created. Until we get rid of dedicated socialist Obama and all he has done, it well MAY be. The Democrats (Jimmy Carter and a Democrat-controlled Congress) passed the “Community Reinvestment Act of 1976” (sure SOUNDS good, doesn’t it?) that FORCED lenders to loan money to deadbeats, on pain of having to fund their own defense against “government investigations” of something that they do, which is common sense, not illegality. Then yet ANOTHER democrat administration (Bill Clinton) strengthened it, while Janet Reno threatened “investigations.”
Lenders knew it was bogus, but to avoid the massive expense of defending themselves against these bogus “investigations,” they “went along,” because they were told they would not lose, since Fannie Mae and Freddie Mac would buy up all those bad loans. This was a scheme to elect Democrats by shutting down Fannie and Freddie just before an election, and it worked. But now it is “out of control” and Obama doesn’t know how to stop it. It’s like causing a train to run out of control while nobody knows how to stop it. All he knows how to do is “slow it down.” So Fannie and Freddy (after the election put Democrats in the majority) are now “back in business” with unlimited funding (at our expense) to “keep the lid on as long as Democrats are in power, and to KEEP them in power. George Bush tried and tried, 12 times, to investigate Fannie and Freddie, and was rebuffed every time by their “parents,” Chris Dodd and Barney Frank, who told us ‘Fannie and Freddie are sound” while they knew they were NOT.
Then Obama started giving away our money by the TRILLIONS to his friends and contributors in those “mean, nasty corporations” which, he said, “were too big to fail.” The result? Nada. Nothing. No improvement in the economy. Joblessness continues to rise while they tell us it is “getting better, using phony figures. Inflation continues to rise, at a rate we will not know as long as Ben Vernanke continues to lie to us and tell us (as Chris and Barney did about Fannie and Freddie) “everything’s okay” and there IS no inflation. Meanwhile, prices keep going up and up as Bernanke gleefully prints more and more money. They don’t want us to know that the ONLY cause of inflation is PRINTING MONEY without anything valuable behind it, as they are doing. Then they lie to us and tell us there is no inflation. Gimme a break! We need to get these fools out of office! Quick! (Just common sense)
Lenders knew it was bogus, but to avoid the massive expense of defending themselves against these bogus “investigations,” they “went along,” because they were told they would not lose, since Fannie Mae and Freddie Mac would buy up all those bad loans. This was a scheme to elect Democrats by shutting down Fannie and Freddie just before an election, and it worked. But now it is “out of control” and Obama doesn’t know how to stop it. It’s like causing a train to run out of control while nobody knows how to stop it. All he knows how to do is “slow it down.” So Fannie and Freddy (after the election put Democrats in the majority) are now “back in business” with unlimited funding (at our expense) to “keep the lid on as long as Democrats are in power, and to KEEP them in power. George Bush tried and tried, 12 times, to investigate Fannie and Freddie, and was rebuffed every time by their “parents,” Chris Dodd and Barney Frank, who told us ‘Fannie and Freddie are sound” while they knew they were NOT.
Then Obama started giving away our money by the TRILLIONS to his friends and contributors in those “mean, nasty corporations” which, he said, “were too big to fail.” The result? Nada. Nothing. No improvement in the economy. Joblessness continues to rise while they tell us it is “getting better, using phony figures. Inflation continues to rise, at a rate we will not know as long as Ben Vernanke continues to lie to us and tell us (as Chris and Barney did about Fannie and Freddie) “everything’s okay” and there IS no inflation. Meanwhile, prices keep going up and up as Bernanke gleefully prints more and more money. They don’t want us to know that the ONLY cause of inflation is PRINTING MONEY without anything valuable behind it, as they are doing. Then they lie to us and tell us there is no inflation. Gimme a break! We need to get these fools out of office! Quick! (Just common sense)
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16 comments:
Yes, it does seem like the American Dream is dead. Life has become just a struggle and no fun anymore.
Anon: It's not dead yet. But it will be soon if we don't get rid of Obama and his crowd.
Well, it is pretty much dead for me. The straw that will finally break my back is just a wink away with an illness striking or losing my job or State Farm raising my insurance so high that I can no longer even begin to afford it and have to sell my house in this dismal housing market. I am at my limit in keeping myself afloat, and I am not one who lives lavishly. I do without so I can make my mortgage payments. I do not have cable, call waiting, caller ID. I do EVERYthing myself, including digging up my own sewer line, cutting out the pipe, resetioning it and burying it with my own 2 hands to fix the backing up toilets. Hard work for an old lady in her 60s. I have needed a new roof since 2004 and have been up on the roof 10 times patching it because it leaks. I cannot keep going like this much longer.
Anon: Sounds like you're "keeping on keeping on." You sound like one of those who will make it.
But what will I make it to? What will be left of this country? I don't know what there will even be for me.....
Anon: I'm pretty much in the same position. I just got quoted $500 to replace a fuel pump in my car. That's PLUS the towing. Meanwhile, what I get from SS and what I earn is not nearly enough. Wanna buy a stun gun? (Hee, hee)
When I get to SS that will be only about 1/2 what I need to keep going. How do you keep going?
P.S. I think you need to get other quotes on that fuel pump. That sounds well over priced to me.
Anon: I did. I got the whole thing done for $300, including labor. But I still had to have it towed twice. The second time it was done be AAA.
Anon: How do I keep going? "True grit." I still work.
I am glad you got a better price on that fuel pump. It still sounds like too much. It seems everybody wants to make an absolute killing on everything they do.
Where are you in so-called "retirement"? Late 60s? Still working, too? That sucks, but I also know I will have to do the same. It gets harder and harder, too. The older I get the more "over it" I get, which makes continuing the grind all the more difficult. Do you work from home? I keep thinking I need to figure out something I can "retire to" working at home, but cannot think of a thing.
Anon: I;m old enough to remember a fuel pump being attacked with two bolts on the outside of the engine. It cost about $50, plus maybe $30 labor to undo those two bolts and tighten them up again. Now the fuel pump is IN the engine and costs more than $200 itself, without labor of tearing the engine half apart to put it in.
I'm over 70, and work two days a week driving cars for a rental outfit because I can'
t work more than that in a job that requires any walking at all. At home, I market synthetic lubricants and disguised self-defense products by mail. If you'd like to see what I'm selling, go to raythomas101.com and click on the appropriate kink. My e-mail is raythomas101@yahoo.com.
Well, I guess that shows you how much I look at engines. I thought they were still bolted to the engine!!! They are WHERE NOW?? Down inside the engine??? It never would have occurred to me that anyone would move them to INSIDE the engine. What fool designed that? Where's the water pump now? I replaced one on my own car back in the 90s. My car was a '77. I did not have the money to pay someone to do this so I looked up instructions and did it myself. Now that I think of it, that might have been the beginning of my fix-it-myself career that lead to digging up and resectioning my own sewer line. Hmmmm.
So you do sales at home. I do not have even one sales gene. The guy I work for is a whiz-bang salesman. I am excellent backup support to people like that. I have super computer software skills and very creative with promotional pieces. I am interested in website design, but people seem to be doing their own now, since one no longer has to know html to create a website. I therefore doubt that would be a home-based business for me one day.
Anon: Who designed that? Somebody who wanted it to cost a lot more to replace a fuel pump. the water pump is behind the fan on the front of the engine (I think. They may have moved it somewhere else). Of course, the engine on my car is sideways. And it's a front-wheel drive.
I tried to do simple web site design a few years ago. I got ONE customer and abandoned the effort. I've been marketing synthetic lubricants since 1974, two years after AmsOil started in business with the FIRST viable synthetic lubricant for the automotive market. Now everybody has what they CALL a synthetic, now we've proved it could be done. But they're all PARAsynthetics and cost as much as a full synthetic. The secret is none of them can promise 25,000 miles between changes. They're all 15,000 mile oils. Mobil 1 CLAIMS to be "the oil that changed oil" but actually it was AmsOil that DID "change oil." Mobil 1 was the first to copy it.
Interesting about AmsOil.
I will have to peek behind my fan........
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