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Saw this on another message board, (no, not Free Republic,) this is a guy who has bought into just about all the right-wing conspiracy theories.
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We've got a president who was elected by a bunch of liberal sycophants who don't have a collective rational thought amongst them. Them bought the BS from the media and swallowed it whole. But that's all water under the bridge now. What's going on is that Barney Frank and Chris Dodd and a bunch of others pushed the home loan industry and the banks into making bad loans to people who had no means beyond good intentions to repay them. The mortgage meltdown is what resulted. At the same time, they kept the Republicans from doing anything at all to prevent it via re-regulation of those industries, and in the end when the bottom fell out they had the balls to blame it all on Bush.
Now, AIG and GM and a bunch of huge banks are going down in flames and taking a lot of innocent, hard working people with them. None of this would be happening now if we had adhered to conservative principles as we should have done, and let the free markets and capitalism self correct. That's what has kept this country in the forefront financially for decades. GM, AIG, and the rest should be allowed to fail or enter bankruptcy protection as the case may be. While it would be painful in the short run, the pain would be much shorter and we wouldn't be staring into the abyss of a looming depression.
The stock market has lost 2000 points since Obama took office, and the bottom isn't in sight yet. Unemployment is already at 8.5% and will likely hit 12-15% over the next several months. Obama now has us on the hook for over 2 Trillion. When we can no longer sell the debt to China and other countries to generate cash, we will just print more money, running what's left of the economy into hyper inflation. How long do you think it will be before we are in a full blown depression? A year, maybe two?
Back in 1932, most of the country was still rural enough that people could still grow their own food, and revert to the ways people survived for thousands of years with little or no money. People were also a lot more self-reliant in those days, and knew how to do the things necessary for basic survival. Today, most people live in cities and and metropolitan areas. Their lives depend on grocery stores, credit cards, gas stations, and the hundreds of little technological wonders that make up modern life. When the depression hits, those people will suddenly find themselves with no food, medicine, little water, etc., and no means to get it. Gangs and criminals will rule the inner cities because they have the firepower to take whatever they want to survive. You're going to see food riots, and riots for heating fuel when it gets cold again, and ultimately we could see a race war as all the old animosities come boiling to the surface as people lose their veneer of civilization in the face of starvation and survival of the fittest.
You think it can't happen? We're a heartbeat away from going over the edge, and every day that Obama, Pelosi, and Reid stay in power the closer we get. It is only a matter of time. Are YOU ready for that?
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I mean, even a RACE WAR??!!?? :wtf: This is what Rush Limbaugh, Ann Coulter, Glenn Beck, Hal Turner, "The Turner Diaries," etc. does to a person.
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