What's Next?

January could be smeared with one word with bold italic letters, ANXIOUS, what's will be the course of the countries economy, Health care system, the end of war, the climate, and what will the new this new praised messiah like Obama do in his first weeks of office? And the daunting question is how is our economy is able to hold up just barley in the face of this fiscal chaos? A few excellent reasons, since the late 1990's China has been buying US government debt in US treasury bills, secondly our exportation of labor and manufacturing to all third world countries for mere pennies, our Socialized health care has bankrupted state & federal government, and the spending of US military conflicts as added up to monstrous debts in which raises taxpayers tax rates. An interesting flash from Washington was the Houses disapproving the new administration of bailout money for the Federal aid program TARP for the US auto industry, financial institutions, and for more bankrupt American based corporations. A example set our here in the New York post was talked about by white house officials,



Either way every plan is absolute fubar in this situation, it creates more money printed by the Federal Reserve, DE valuing the dollar, lessening foreign consumption of US Treasury Bonds, driving investments in US dollar plummeting, and dramatically lessening purchasing power in the US dollar. The same can be said for the rest of the worlds currencies, though depending on the amount in circulation, the government's budgets, it's GDP, and it's current inflation rate of that with the US dollar.

The real winners so far are the Euro toppling the US dollar for the past month, mostly due to more aid relief being printed and taxed out of the American people in the program entitled TARP, and consumer and investor confidence waining on the financial news from Wall street and main Street. A real burning option for savings in the cirsis mainly popular in America is putting savings into insurance policies, Federal bonds, and even in huge corporations such as GE, Wal Mart, and some insurance companies securities. Yet the con to that option is obviously first it's an American company loosing with foreign competition these days, more companies are going bankrupt by the day, policies are susceptible to laundering and company squandering, for example you read about the wealthy CEO who ran out of the country with 50 million dollars in securities, assets, and some how there stock money and more. If one thing is true it's that America is now loosing it's flex in as a economic power player, it's spending has overloaded on it's peoples, the dollar secured by no interest rates nor commodity based system as fallen dramatically, a troubling factor is the loaning policy the banks have adopted and carelessly loaning them out to any idiot wanting something big. A huge reason to why we had a credit crunch, increase in inflation, and many mortgage and financial companies went bankrupt, laying off thousands of workers, and fiscally De basing the value of homes on the housing market. Contributors of the housing melt down remain the following, the market price of housing materials at times manipulated in price by the Fed, the other being the loaning period in which banks loaned thousands, and amount of the cheap credit issued by government and private companies in which not enough capital was raised to quell the debt.



The following is a statement is to the common American worker and a independent small business owner. I sympathize with your opposition to the harsh unneeded taxes implemented on you by the Federal government in Congress due to it's unconstitutional decision in creating the Federal Reserve, the IRS, and the the politicians you so hardly worked for to elect to cut the Federal budget and yet didn't. You pay average a 35% in Federal income tax out of 40% in your Federal taxes is paid in interest to the Private Federal Reserve for the loan, also it can be said for State taxes to are taken from Federal Reserve money issued to commercial banks nationwide, the taxing system is totally inferior to American society. Only in times of war or economic downturn was there usually a huge increase in Federal spending appropriated by congress resulting in, higher taxes, expanding the debt, and in the case of the Regan era at a time of great prosperity more dollars pumped in the economy made dollars worth less. Specified reasons include the tensions in countering Soviet military policy such as invading Afghanistan, conducting KGB operations, finding logical conclusive ways to bring the Soviet Union to it's knees. Under Regan it resulted in a dramatic increase in military spending, aiding the Taliban in fighting the soviet occupation, increasing diplomatic relations with western Europe to quell Russian influence, and totally outspending Russia to end the Soviet Empire financially. Whatever is coming our way this spring it is all but a liberal far leftist agenda that is making this country bankrupted, a strict cooperation of business with government regulation, higher tax rates, and America will become a third world playing ground for Asia and the Middle East.

The one major thing Obama doesn't understand is the costs of labor, manufacturing, the differences in currencies between nations that produce our services, products, such as China, India, Vietnam, Hong Kong, due to no trade unions, no entitlements for the individual worker, and unlike the United States they have less business regulation, taxes are mostly a flat taxes, business costs are cheap, and everyone is looking for a job. America is in for a rude awakening in their costly office job lives that they don't last forever, and that government Social welfare and securities eventually can't afford to retire everyone.