Posted: 30 April 2011 at 6:01am | IP Logged | 8
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Mike, About Obama, for what i know. He may have pull down some troops in Irak, but they were replaced with … private army, such as Black Water. So less civilians, still an american controle. In Afghanistant, he delayed the pull back. Wich is a way of keeping theme there. Now, just look closer to a few things. The whole Irak invasion was based on reports stating that massive destruction weapons were there. Wich even Bush say it was wrong. So, wrong pretext. Wich caus the death of what, 50 000 americans and much much more irakians. So, someone apparently didn’t do his job rigth.
In Afghanistan, the idea was because Ben Laden was reported as « being there ». So the invasion started, apparently without locating him precisely previously. Many death in both side (event french) and a villain that looks more like Bond’s Bloffeld, hidding in his secret vault with a white cat. « He’s there, he’s there. » Look like someone didn’t do his job rigth.
Those terrorist has the bad habit to always go where the land has ressources, it seems.
Now the banking. When the FED lower the rate, it has for effect that borrowing money was cheaper. Also, bad credits were done. Now, all those financials are professionals, they did study a lot of years, and have people to control their work. Yet, its a MAJOR crisis. And anybody would be a fool thinking that, just as rain or tornadoes, « shit happens ». Look like someone didn’t do his job rigth.
Now, Obama, by not condemning thoses things, did in fact, approved them.
but the reason the banks were given loans (which they have repaid) was to keep credit alive in America
Yes , I heard that. But you have to realise that maybe, credit is what put people in deep deep shit. There used to be a survival rule that was : « eat what you can », wich was a way for humans to live in harmony with their lands. It has became « buy what you can (and be wise enough not to wish what you can’t afford) », yet, still a survival rule.
Now, it’s just : buy now, pay later.
Now - that fact reveals that our whole system is built on a precarious house of cards - but that's the house we live in, and if credit ended, we would be killing each other for human meat in America. Keeping the banks alive, which kept credit alive was what saved America from complete collapse. The fact is it’s still a house of card, and it will collapse, soon or later (in fact, soon). The only thing is to inject money, just as the farmers used to feed the monster that live in the woods for he does not eat theim (or take their kids away). Yet, it’s ticking clock.
As long as people will think that a guy like Madoff is responsible for the crisis, they won’t see that it’s the whole system that’s responsible of that.
America is not saved. And how could it be ? The dollars isn’ based on gold (a real, physical value). It’s just like art : the price is what people are willing to pay for it. Politics are just here for the people not noticing this : lets debate about the gay mariage (just an example) instead of debating of the situation, and how we ended here.
Edited by David Henriot on 30 April 2011 at 6:08am
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