Off Topic — HabitableZone

Off Topic » in reply to I do not understand something about *this* recession...[big surprise]

Once the markers were called...

...by a targeted withdrawal of funds from our nation's banks...

...our banks couldn't cover the debts with the bad government subsidized home loans...

...the problem is those markers were called by overseas enemies...

...defaulting on these folks was deemed unacceptable...possibly dangerous to national security...

...so nationalization of the banks was the plan...

...to float these trillions of dollars the banks couldn't cough up...

...because of government involvement in the home loan game...

...which was facilitated by holding interest rates low for years...

...to cover for the decline in real wages....

...due to 20 years massive influx of illegal immigrants from Mexico...

...made possible by liberal resistance to real border control...

...which weakened the salary asking power of every American...

...and now that these debts are covered...

...the companies that had investments in these banks are wiped out...

...because stock values have plummeted since inauguration day...

...destroying companies ability to pay wages and buy materials...

...combined with dismal sales....

...this leads to lots of bankrupt businesses...

...and even more unemployed Americans (and foreigners)...

...so Obama & co believe in "government trickle down"...

...where tax payers foot the bill...

...to provide a tiny amount of jobs...

...which is expected to cure the economy...

...and as you can probably figure...

...creating a few jobs...

...will leave us...

...in a depression...

...just like FDR...

...prolonged.

;-)

Those (like Obama) who do not learn from history are bound to repeat it.

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