Not to be a DOOM SAYER...But,
IMO, Washington is attempting to rebuild the American economy with credit that the country no longer has.
Personally, I don't have much faith in what Obama and Congress are doing...in their attempts to fix debt with more debt.
IMO, the ship is sinking and what we are witnessing is the last effort by those in charge to stall the inevitable.
Everyone should be advised to prepare for the worse in the future. Things may get better for the moment, but don't expect it to last for long.
IMO, economic recovery is not just about creating public service jobs by repairing infrastructure - but will also necessitate the creation of 'industry' and long-term growth in the private manufacturing sector. If you are going to dole-out 20-30 year mortgages, individuals will need 30-40 year jobs, not a job that is gone when the bridge is built!
(You're talking about a 'bridge to nowhere???!!)
The problem with road and bridge construction, is that when the roads and bridges are built, when all the work is done, workers go back to a 'boom and bust' scenario and the projects that they were working on transfer over to the public sector to be maintained at continuing public expense.
Spending on infrastructure might provide a momentary 'shot in the arm' to the economy, but I do not believe that it will solve anything over the long haul.
The problem with the American economy is that:
#1. It has been built on debt and credit; and on the promotion of usury, things prohibited and condemned in Biblical terms.
#2. All of our manufacturing and technical expertise for many of our industries have been outsourced and sent overseas. (These need to return and the environment and incentives for this return need to be improved and encouraged.)
#3. Much of our labor has been 'outsourced'. If the job can be done in America - it should be done in America and not be turned over to labor elsewhere.
#4. America has basically become a service-oriented society - all we are doing today is flipping hamburgers for each other and retailing imported goods produced with foreign labor. All of this has got to stop. The base for our economy needs to be 'industrial and manufacturing', not 'service'. If this keeps up, we will become a nation of 'slaves' to the economic advances of other nations.
#5.The sheer magnitude of national debt is the worst problem and the on-going mentality that it is okay for one generation to pass its spending on to other generations, to children that we haven't even seen yet; to children not born...which in a sense is a form of 'child abuse'. I don't know how long a civilization can persist like this, but what I do know - not for long.
Unfortunately, the American people needed to learn long ago to live within their means and to stop buying things that they couldn't afford.
It seems as though everyone in America has been trying to keep up with their neighbor, not understanding that their neighbor couldn't afford it either.
The result of this behavior is the creation of a materialistic, hedonistic society.
IMO, it will require the 'soul' of America to resolve this problem and 'frankly', I don't believe that the country is 'up' to the behavioral change that will be required to turn the country's economy around.
So, be prepared for theworst.
What I do know about the situation is that the Republicans have been convinced that a bust has been coming for over 15 years and nothing was ever done about it, even during the Bush era. In fact, during the Bush era, the deficit spending got worse.
IMO, the collective will of Congress and of the Federal Government just hasn't been there over the last 15-25 years and it has been as if the whole lot of our nation's leaders have 'given up' long ago and have been trying to get as much out of the system for themselves before it all comes to an end - knowing that they are traveling through time and space, as it were, on the decks of the 'Titanic'.
I am convinced of this because nobody could be so stupid as to think that uncontrolled spending could go on forever without 'consequences'.
Which causes my outlook to look bleak.
The 'fix' we really need requires 'a behavioral change' and what I'm afraid is that the government is going to spend a whole lot of credit (not money) - not 'fixing' the problem, but feeding the same 'tiger' that got us into this mess in the first place - which is an indication again that the national 'will' to effect the changes that are needed to turn the economy around, still isn't there.
What I think will happen is that the government will spend a whole lot of money for nothing, fixing nothing and then in the end the problem will be worse and even more severe because each time the government spends money like it intends to do so now, it will 'weaken' the government's ability to ‘cushion’ the inevitable collapse of the economy in the future...and 'collapse it will'...like ancient Nineveh of old...because it was prophesied. Christ talked about it...and we all know 'that judgment comes first, to the House of God.'
So be it. I had no hope in Obama from the beginning.
Unfortunately, Obama reminds me of a character at a carnival vendor who is duping the public of what's left in their pocket on a game that nobody can win. 'He's got a good talk, but doesn't know how to 'walk the talk'. What I've seen so far out of him is not 'change', but is 'business as usual' in Washington, D.C...more of a 'marriage' between Chicago politics and Washington politics, with all the rest of us left out but inferring the opposite.
His style is different, but the consequences will be the same. His spending characteristics are certainly no better than the Republicans; worse, in fact.
Another thing is that the economic problems of the nation have grown too huge for any one man or administration to resolve and the ‘millstone’ around the neck of us all is that the collective ‘will’ just isn't there and it may take a whole lot more hardship than what we've seen so far to create that ‘will’, if it is possible at all.
IMO, what the government is planning to do right now, with the spending - will jeopardize the economic future of generations to come...which will be a terrible price our children and childrens' children will have to pay for the excessive lifestyle of our present-day generation of Americans.
Normally, parents strive to give their progeny a better start in life than what they had; but, in America, we are collectively doing the opposite and this is not a good way to build a civilization.
By doing this, America is, in effect, putting itself in 'self-destruct' mode.
What I believe the nations of the world now need to be thinking about is how ‘they’ should be remembering our civilization and take a lesson from it to not let the same happen to them.
IMO, the America started out with good intentions but soon strayed from the God that made her great and then became a slave of mammon...and that is why today we are now witnessing her demise.
Ancient Greece fell. Rome fell and so it looks like America's turn.
What's about to happen in some years causes me to recall the vision of St. John the Divine on the Isle of Patmos when he described the fall of mystery 'Babylon’ (the Great) recorded in the Book of Revelation, and how the merchants and great men of the earth stood afar off and wailed over her demise.
Like ancient Lot, perhaps the best advise 'is to flee and not look back'.
Meanwhile, I do think that the stimulus package that Congress is passing may 'buy' more time, but it will not stop the inevitable; and that spending all the money it plans to spend right now will probably make the situation worse later on. It is inevitable that catastrophe will come, and Obama and Congress are wrong for spending so much right now to avert something that is unstoppable anyway.
The fate of America is already cast.
The country should be saving as much of its last resources to provide basic necessities to children and families who will be in economic peril and our government should not be spending money on bailing-out those who have brought us to this moment in history.
In essence, the government should not be rewarding the thieves of Wall Street and the thieves who are in our financial system with more of what they have stolen: money.
When the government does this, it robs the people of America their future and replaces that future with a vision that nobody wants to think about.
But, we had better be thinking about it if we intend to leave anything behind for our children.
If we refuse, our children will be taken from us.
Isn't this God's way?
...not to be a 'Doomsayer' or anything like that...
Personally, I don't have much faith in what Obama and Congress are doing...in their attempts to fix debt with more debt.
IMO, the ship is sinking and what we are witnessing is the last effort by those in charge to stall the inevitable.
Everyone should be advised to prepare for the worse in the future. Things may get better for the moment, but don't expect it to last for long.
IMO, economic recovery is not just about creating public service jobs by repairing infrastructure - but will also necessitate the creation of 'industry' and long-term growth in the private manufacturing sector. If you are going to dole-out 20-30 year mortgages, individuals will need 30-40 year jobs, not a job that is gone when the bridge is built!
(You're talking about a 'bridge to nowhere???!!)
The problem with road and bridge construction, is that when the roads and bridges are built, when all the work is done, workers go back to a 'boom and bust' scenario and the projects that they were working on transfer over to the public sector to be maintained at continuing public expense.
Spending on infrastructure might provide a momentary 'shot in the arm' to the economy, but I do not believe that it will solve anything over the long haul.
The problem with the American economy is that:
#1. It has been built on debt and credit; and on the promotion of usury, things prohibited and condemned in Biblical terms.
#2. All of our manufacturing and technical expertise for many of our industries have been outsourced and sent overseas. (These need to return and the environment and incentives for this return need to be improved and encouraged.)
#3. Much of our labor has been 'outsourced'. If the job can be done in America - it should be done in America and not be turned over to labor elsewhere.
#4. America has basically become a service-oriented society - all we are doing today is flipping hamburgers for each other and retailing imported goods produced with foreign labor. All of this has got to stop. The base for our economy needs to be 'industrial and manufacturing', not 'service'. If this keeps up, we will become a nation of 'slaves' to the economic advances of other nations.
#5.The sheer magnitude of national debt is the worst problem and the on-going mentality that it is okay for one generation to pass its spending on to other generations, to children that we haven't even seen yet; to children not born...which in a sense is a form of 'child abuse'. I don't know how long a civilization can persist like this, but what I do know - not for long.
Unfortunately, the American people needed to learn long ago to live within their means and to stop buying things that they couldn't afford.
It seems as though everyone in America has been trying to keep up with their neighbor, not understanding that their neighbor couldn't afford it either.
The result of this behavior is the creation of a materialistic, hedonistic society.
IMO, it will require the 'soul' of America to resolve this problem and 'frankly', I don't believe that the country is 'up' to the behavioral change that will be required to turn the country's economy around.
So, be prepared for theworst.
What I do know about the situation is that the Republicans have been convinced that a bust has been coming for over 15 years and nothing was ever done about it, even during the Bush era. In fact, during the Bush era, the deficit spending got worse.
IMO, the collective will of Congress and of the Federal Government just hasn't been there over the last 15-25 years and it has been as if the whole lot of our nation's leaders have 'given up' long ago and have been trying to get as much out of the system for themselves before it all comes to an end - knowing that they are traveling through time and space, as it were, on the decks of the 'Titanic'.
I am convinced of this because nobody could be so stupid as to think that uncontrolled spending could go on forever without 'consequences'.
Which causes my outlook to look bleak.
The 'fix' we really need requires 'a behavioral change' and what I'm afraid is that the government is going to spend a whole lot of credit (not money) - not 'fixing' the problem, but feeding the same 'tiger' that got us into this mess in the first place - which is an indication again that the national 'will' to effect the changes that are needed to turn the economy around, still isn't there.
What I think will happen is that the government will spend a whole lot of money for nothing, fixing nothing and then in the end the problem will be worse and even more severe because each time the government spends money like it intends to do so now, it will 'weaken' the government's ability to ‘cushion’ the inevitable collapse of the economy in the future...and 'collapse it will'...like ancient Nineveh of old...because it was prophesied. Christ talked about it...and we all know 'that judgment comes first, to the House of God.'
So be it. I had no hope in Obama from the beginning.
Unfortunately, Obama reminds me of a character at a carnival vendor who is duping the public of what's left in their pocket on a game that nobody can win. 'He's got a good talk, but doesn't know how to 'walk the talk'. What I've seen so far out of him is not 'change', but is 'business as usual' in Washington, D.C...more of a 'marriage' between Chicago politics and Washington politics, with all the rest of us left out but inferring the opposite.
His style is different, but the consequences will be the same. His spending characteristics are certainly no better than the Republicans; worse, in fact.
Another thing is that the economic problems of the nation have grown too huge for any one man or administration to resolve and the ‘millstone’ around the neck of us all is that the collective ‘will’ just isn't there and it may take a whole lot more hardship than what we've seen so far to create that ‘will’, if it is possible at all.
IMO, what the government is planning to do right now, with the spending - will jeopardize the economic future of generations to come...which will be a terrible price our children and childrens' children will have to pay for the excessive lifestyle of our present-day generation of Americans.
Normally, parents strive to give their progeny a better start in life than what they had; but, in America, we are collectively doing the opposite and this is not a good way to build a civilization.
By doing this, America is, in effect, putting itself in 'self-destruct' mode.
What I believe the nations of the world now need to be thinking about is how ‘they’ should be remembering our civilization and take a lesson from it to not let the same happen to them.
IMO, the America started out with good intentions but soon strayed from the God that made her great and then became a slave of mammon...and that is why today we are now witnessing her demise.
Ancient Greece fell. Rome fell and so it looks like America's turn.
What's about to happen in some years causes me to recall the vision of St. John the Divine on the Isle of Patmos when he described the fall of mystery 'Babylon’ (the Great) recorded in the Book of Revelation, and how the merchants and great men of the earth stood afar off and wailed over her demise.
Like ancient Lot, perhaps the best advise 'is to flee and not look back'.
Meanwhile, I do think that the stimulus package that Congress is passing may 'buy' more time, but it will not stop the inevitable; and that spending all the money it plans to spend right now will probably make the situation worse later on. It is inevitable that catastrophe will come, and Obama and Congress are wrong for spending so much right now to avert something that is unstoppable anyway.
The fate of America is already cast.
The country should be saving as much of its last resources to provide basic necessities to children and families who will be in economic peril and our government should not be spending money on bailing-out those who have brought us to this moment in history.
In essence, the government should not be rewarding the thieves of Wall Street and the thieves who are in our financial system with more of what they have stolen: money.
When the government does this, it robs the people of America their future and replaces that future with a vision that nobody wants to think about.
But, we had better be thinking about it if we intend to leave anything behind for our children.
If we refuse, our children will be taken from us.
Isn't this God's way?
...not to be a 'Doomsayer' or anything like that...
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