Posted by
King Vinyl on Monday, June 08, 2009 10:09:49 AM
watch out, the fallout will be catastrophic!!! We never thought the GOP would lose steam, or did some of us? Some of us saw the dot com, realestate, stock market, 401K, SSI, oil, and now see the Obama boom going bust.
What Obama says, what Obama has done, and who Obama really is don't really matter at all to over 50% of American citizens. Like wise our problem is so severe that we may be on a fatal course and no one is sounding the alarm. Obama caused a revolt on capitalism spinning this cult like fantasy of illusion created in campaign promises and speeches. As he waterboards the economic high rollers, their networks trickledown the poverty to an America whose dream gets futher and further from view.
The bubble will burst when the "free money" runs out, the standard drops, and as the third world takes root in our culture. The attitude too many Americans have is one where they believe "we have soo much money here in America" will change. The problem however is one where we are burning through money faster than we can print it and borrowing the balance.
As the summer driving season approaches you can almost feel the effects of gas prices as they inch up. The stagnation in the market is ominus of inflated cost through taxes rates. California can't be forced to cut out all the nonsensical waste in it's budget they have to release people from prison and layoff teachers. New York is glad to lose Rush Limbaugh's business or should I say charity as soon we'll all end up as a nation bailing out these states will some sort of debt gaurantee.
When the bubble bursts it may be too late!!!