When we the people each spend tens of thousands of dollars we do not have with the help of banks. When the Congress, Senate and Executive office spend hundreds of billions of dollars they have printed without the equity to back it. The dollar decreases in value causing high inflation and everything eventually falls apart.
When this happens a process starts that history has recorded in times past. Banks and credit card companies no longer lend money. Without the usual ability to spent money they do not have, consumers cannot buy goods and services. Without consumers spending money business providing goods and services begin to lay off employees and eventually go out of business. The whole process snowballs until unemployment skyrockets and foreclosures increase at a rapid rate. Very soon the government takes more and more control and the masses become wards of the federal government and experience a considerably lower standard of living. This could be our reality in a few short months. We will begin to see just what will happen after the house of representatives finishes with all their nonsense. The fact is there is no way to avoid the drastic faliure that will soon happen. The blessing is it will allow us to return to an honest living.
The bright side is we have all the answers in one convenient location. In fact they are still in the same place our fore fathers found them to launch this great nation. All we have to do is return to the principles that made this democracy great. God's word is the only place in the universe that provides us with the wisdom we need to live life contentedly.
Billy,
ReplyDeleteWelcome to the club. (I'm not sure what club, but there has got to be some kind of organization for people who recognize how desperate our situation is and how ludicrous this bailout mentality is becoming.) Great to see your blog, and sadly, you're 100% on target with your assessment.
Scott
It is a comfort in small part that there is a club. As for people waking up the next three weeks will leave no one slumbering that is for sure.
ReplyDeleteGod bless you brother It is time to shine:)