Tuesday, December 18, 2007

The Main Causes of the Great Depression


We'll glory or is gory be. Look what's a popping up on the biz sections of
the internet.
Could this be an omen of more excitement to come?
http://www.geocities.com/CapitolHill/Senate/6854/greatdep.html
If we change the dates on the first part of the story... too now... it sure
does have that: been here before...bitter flavor to it.
Back then in the late twenties it was a mass and unequal distribution of
wealth between the super rich and everyone else.

So in the twenties the nations enormous production just could not be
purchased.
Of course today... with 'them' out sourcing everything to China other than
the barber shop we can still buy the trinkets we all need. And surprise! the
profits still go to the super rich.

And back then they used credit (margin) purchases for buying stock and today
we use it for real-estate purchases along with collusion from the lenders to
scam where and when it was possible.
As an example the house buyer didn't think up the 'liars loan' on his own.

Will this land us in 1929 and then followed by ten years of hell on earth?
Oh no, dear friends because 1929 is going to look like a small town church
picnic compared to what's now coming our way at an accelerated clip.

Even the municipal bonds are being down graded by rating agencies and by the
thousands and friends this is where the boomer's have their little cozy ah
sleeping in it's nest.
Though they may not have realized the retirement fund or investment plan
they are counting on is neck deep in these paper investments that they have
little control over and even less knowledge of concerning what is happening
behind those heavy gilded doors.

But worry not for as soon those doors are open we will all be able to see
...it was just another scam by the rich to 'sell' us nothing for everything
we once thought we had.

And the answer to the burning question: Will our cell phones save us?
We'll that's just too deep and complex a question to be even considered
along with these trivial in our lives.
But, if celling while driving is any indication allot of folks think it's
worth trying.
As i have concluded they could not actually have friends who would listen to
what people maybe saying into those shinny boxes.
They have to be praying to the cell god for deliverance from this horn of
plenty.

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