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Old 06-03-2009, 06:55 PM   #10
Illumination
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Join Date: May 2009
Posts: 60
Default Re: The Big Collapse Could Be Very Near

No kidding! Here in the US I would guess that more than half if not most Americans think we just hit a little recession and the worst is over. It has not even begun...all those loans coming up for default will hit big this summer/fall.

It is really something to see how shell-shocked some people are when they realize how serious the economic situation is. I realized a long time ago that the US government is bought and paid for by the corporations and wealthy - both political parties are pretty much the same. Folks keep trying to justify Obama's actions as hiring crooks to catch crooks, but I don't see any evidence of that. Geithner and Summers are part of the Wall Street problem and they're foxes guarding the henhouse. The trillions of dollars transferred from the taxpayers into the greedy fat hands of a few bankers is unforgiveable. They spent it on bonuses and lavish parties and yachts, not jobs or services.

Just imagine all the great things those trillions (plus the trillions spent on war) could be invested in...becoming a leader in clean energy, creating jobs with a WPA type program and catching up to the rest of the world with Universal Health care.




Quote:
Originally Posted by Anchor View Post
It begun a while ago (last year).

What is happening is more people are realising.

Many who were deluded into thinking a recovery was possible still have not realised.

A..
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