I am wondering what would happen if there was no intervention in the current economic “crisis.” What would be the actual result? Giant financial companies failing, those people out of work, people not being able to get a loan for houses, cars, etc... This would result in more people out of work. The US auto companies going bankrupt. More people losing their mortgages. No construction, therefore construction workers out of work… more unemployment.
What industries would continue to operate: oil/energy companies? Advertising?
Ok, so we would all have a lower standard of living for a while. How long? 1 year, 2 years, 5 years? Has anyone actually (actuarially?) looked at these possibilities? I have not heard about them. How can we make a decision if we don’t know all of the facts. Perhaps we should know the answers to these questions and make a choice based on actual information (instead of the “we would enter into a deep recession” – I already thought we were in one.)
My feeling is that they really just don’t want us to know. But why? They think the majority can not understand it well enough to make sense of it – the likely reason. Or, if we actually had the options laid out, maybe we would allow the rich folks to lose their money and have their businesses fail.
I find it so unbelievable that this government is going socialist. The part that bothers me even more is that they don’t want anyone reviewing their decisions – I don’t have the actual paragraph for you to read at this moment but I’ll link it in when I can. The whole thing sounds completely consistent with the Bush administration’s totalitarian leanings anyway – let us take care of everything – attitude. They took over the constitution, suspended important civil liberties (habeas corpus, illegal wiretapping, etc…), they started a preemptive war for no reason, they allowed the CIA and Army to torture prisoners, they moved people illegally to other countries (extraordinary rendition), and who knows how many other travesties of our freedoms. Now they want to own the entire financial system. When they talk about an ownership society – its like Animal Farm – Ownership for them means ownership for them not the rest of us.
I for one am willing to pair down my lifestyle, live much more simply, sell my house and live smaller, halt the consumerism rampant in my life, and sacrifice a lot to see the system fail and have to be rebuilt on a better foundation.
So, Are You?I am wondering what would happen if there was no intervention in the current economic “crisis.” What would be the actual result? Giant financial companies failing, those people out of work, people not being able to get a loan for houses, cars, etc... This would result in more people out of work. The US auto companies going bankrupt. More people losing their mortgages. No construction, therefore construction workers out of work… more unemployment.
What industries would continue to operate: oil/energy companies? Advertising?
Ok, so we would all have a lower standard of living for a while. How long? 1 year, 2 years, 5 years? Has anyone actually (actuarially?) looked at these possibilities? I have not heard about them. How can we make a decision if we don’t know all of the facts. Perhaps we should know the answers to these questions and make a choice based on actual information (instead of the “we would enter into a deep recession” – I already thought we were in one.)
My feeling is that they really just don’t want us to know. But why? They think the majority can not understand it well enough to make sense of it – the likely reason. Or, if we actually had the options laid out, maybe we would allow the rich folks to lose their money and have their businesses fail.
I find it so unbelievable that this government is going socialist. The part that bothers me even more is that they don’t want anyone reviewing their decisions – I don’t have the actual paragraph for you to read at this moment but I’ll link it in when I can. The whole thing sounds completely consistent with the Bush administration’s totalitarian leanings anyway – let us take care of everything – attitude. They took over the constitution, suspended important civil liberties (habeas corpus, illegal wiretapping, etc…), they started a preemptive war for no reason, they allowed the CIA and Army to torture prisoners, they moved people illegally to other countries (extraordinary rendition), and who knows how many other travesties of our freedoms. Now they want to own the entire financial system. When they talk about an ownership society – its like Animal Farm – Ownership for them means ownership for them not the rest of us.
I for one am willing to pair down my lifestyle, live much more simply, sell my house and live smaller, halt the consumerism rampant in my life, and sacrifice a lot to see the system fail and have to be rebuilt on a better foundation.
So, Are You?
No comments:
Post a Comment