Search This Blog

Saturday, November 10, 2007

WATCH YOUR WALLET

Hang on to your wallet. Many economic indicators predict a coming recession.
We have become a debtor nation, borrowing immense amounts of cash annually to keep this nation perking along in the manner to which we've all become accustomed.
Lately, the value of the dollar has been falling like an elevator with a busted cable. And, if the Chinese to dump our dollars and bonds, in favor of something more profitable, like Euro dollars, we will indeed be headed for severe recession.
And all our government can do is continue to throw vast amounts of dollars funding a illegal, immoral, and tragically wasteful (in terms of human loss) war, which is lining the pockets of some of this country's largest corporations. They are what Dwight Eisenhower warned us of long ago, The military industrial complex. Companies that make obscene profits off of the death and destruction that war facilitates.

1 comment:

Kyle said...

Congrats dad! Looks like you are using this thing like you should! I enjoy reading your rants and raves. YAY for america and how amazing we are right? haha... maybe not... hopefully things will change though after the election?!