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The
way I see it, it was trickle down economics, a penchant for
war, along with outright corruption and fraud that will cause
the economic dislocations and poverty for so many Americans in
the months and years to come.
It is estimated that
before Bush’s (our) wars have ended, Congress will have pumped
perhaps two trillion inflationary dollars into these misadventures, much of this money squandered into the coffers
of corrupt war mongering corporate vultures, the managers and
stockholders of which, having
become bloated with their illegitimate war profits, poured
them into hedge funds hoping to leverage their gains into even
more undeserved wealth. These hedge funds, using as much
leverage as they could, turned around and, through their
corrupt intermediaries, used this money to lure unsuspecting,
unqualified home buyers to purchase homes they could not
afford.
The wars are illegal,
Congress is criminally negligent, the profits were fraudulent, the hedge fund instruments were deceptive,
and the
lenders were cheats, as were many of the home buyers
themselves who were willing to lie about their incomes on
mortgage application papers in order to get them approved. In some
cases it was only
ignorance and not dishonesty that allowed this to happen, but
corruption and dishonesty were the main events.
Between the tax cuts for
the rich and war, the US treasury was wiped out. In the
final analysis it was outright theft. These policies
stole the healthcare, education, hope, and financial
security from millions of Americans to secure political
payoffs for a wealthy few. The booming economy is
and was an inflationary illusion characterized by a
dismantling of our manufacturing base and replaced with a
temporary bubble of housing prices. Stupified, many
Americans mortgaged their illusions to buy toys.
And in the coming months a lot more of our illusionary
wealth will likely continue to disappear through a hidden
government sponsored tax called
inflation.
There are those who will
generate all kinds of theories as to why the housing bubble
came to pass including the former Chairman of the Federal
Reserve, but the reason is crystal clear and bright: Poverty
in the richest country in the world is self-induced and
engineered. Where do you point the finger… the proper
direction is always straight ahead to the person you see in
the mirror. Every lie, every deception and self-deception,
every dishonesty that we think we can get away with hurts
someone, very often someone we love, and always ourselves.
People who are lucky
enough at some point in their lives to have been truly nurtured and loved will be inspired
to want to improve themselves as human beings. In that effort
they eventually will come to realize that for that to happen
ignorance must give way to education, formal or otherwise. On
the way to becoming educated, a diligent person will learn
that intellectual integrity is necessary for anyone who wants
to be able to separate truth from fiction. And the search for
truth leads one to the understanding that before one can know
the truth, he or she must strive always to
unflinchingly tell the truth… to oneself and to others…
even when no one else is looking and when no one else will ever
know the difference.
In the end, having traveled this path, we
discover that the search for truth leads to love, which is how
it all began in the first place.
Truth, honor, dignity,
compassion, courage, love… the answer and the way.
http://www.gpln.com/onwork.htm
http://www.gpln.com/howiseeit.htm
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