moneytalks

I truly believe that we are headed for not only another great depression but a full on collapse of the US economy. With the weakening and over production of the US dollar, we are heading down a road that we may not be able to turn around from. We have shot ourselves in the foot with this one. In 1913 when we passed the Federal Reserve act we started a trend of debt that we will never get out of. Paying interest on your own money is unconstitutional, and absurd. Taxes were created to pay off the private banks that owned our money. One thing that people don’t understand is that the Reserve has had no problem talking congress into printing more and more money. If you are angry about job outsourcing, blame the fed reserve. The amount of US dollars that has been printed could not possibly stay in America, it would flood our economy crippling us and surly sending us to a full on depression. That is why the government gives tax breaks to companies who send jobs overseas. We need money being shipped out of the country. Oil is another way we keep money out of the US (and, in turn, out of the hands of US citizens) OPEC standard is to buy and sell oil in US dollars. This forces other countries to keep a surplus of our money in their banks. This creates revenue through interest and again, keeps our money out of our country. The problem here lays with the fact that low to middle income levels are the ones effected by this. There are no million dollar+ a year jobs being sent overseas. The CEO’s and political leaders are not threatened by this. So this just creates a “trickle up” factor in America. All the money eventually trickles up to the rich, sending the low and middle class further and further behind. I have a 6 month old son and it scares me to think of what kind of world he may be forced to live in when this country goes from bad to worse. Greed, in this country more than any other industrialized nation, has slowly taken us down. The way of life we have become used to may very well be ending soon. What a scary time to be alive.

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