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I have noticed when things are high rolling and everyone is thriving and doing excellent in life - we are all Republicans - then when we fall - we expect a bail out and then we all become Democrats. Since EVERYONE in the US want's their cake and eat it too - this leaves ALL of US being a mixture of Republicans, Democrats, and Liberals! So the sooner we can admit to what we - the US Citizens really are - the sooner we can actually start to act like a United Nation for a change.
I can't believe we have fallen for the biggest psychological warfare ever and that's to let ourselves become so divided that we can't think and do for ourselves and have to depend on others to make our choices for us. I know people don't want to admit to it, but we are closer to being a One World Nation than many think. For those who believe - this event is described in the Bible as well (I stated - for those who Believe). There are so many things to support this statement, one being that we are in debt to China and are in the process of becoming more so in debt to bailout out the failure of Investment Businesses. What does it mean for US the Citizens of America to have to pay more in taxes because our larger companies that are Investment Firms didn't do their job and are in failure? Smaller business owners are held accountable for their failure and are not worthy of being bailed out by Uncle Sam - so why should the CEO's of these companies be any different and not be held accountable? They just get a slap on the hand and they get to walk away keeping their millions of dollars in the bank! Since these investment firms are part of the housing problems, with a bail out, this puts these empty houses into the Government's hands. So now we have to pay higher taxes on the bail out while at the same time the Government makes a profit on the sales of these homes. Why don't the investment firms try to keep from failing to begin with? I say extend the mortgage loans to 60 years making the payments at an affordable rate - then lower the interest rates of the credit cards down to around 16% instead of a allowable Usery Rate of 20% or higher. Wouldn't it make sense to save homes from going into forclosure - and allow individuals to live in these homes and be able to put more money back into the economy? I suppose not as it's easier for everyone to look to the Government for a bail out. Most of these individuals who bought homes could never have been home owners to begin with - they were renters - but if we look back we will see what started this whole mess and that was when the Democrats put in place the opportunity for everyone to own a home. What they didn't see coming is the abuse and fraud that would take place by the mortgage companies. So since our Government keeps putting us in a worse place by their answer to fixing it - why in the world do we keep ourselves divided and keep seeking these handouts? Now our economy is on the brink of disaster and will we be able to answer how it will work out? Of course not - our own Government knows that the US Citizens are Children out of control and cannot be depended on to make a good financial decision. We put ourselves in time out - isn't that wonderful?!!!
So going back to the Government's answer on the bailout, many of the smaller nations depend on the larger ones making it in the world in order to survive. We don't want our economy to become like Russia nor the Middle East, however every single Nation has an invested interest in what is to happen to the US Economy. Because what we do affects many other Nations and what other Nations end up doing has a great affect on us as well. Because we have been so blinded as US American Citizens, we inadvertently allowed this to happen. And the more time we waste arguing over matters - the more time we give the Government to make their move without our approval. So keep wasting time arguing who is better, the Republicans or the Democrats or the Liberals....etc. Before we know it - we will become a One World Nation - and the thing of being a Republican - Democrat - Liberal - or whatever you choose to call yourself - will be a thing of the past!