What is your Understanding of the Mess this country is in?

by **jerrick** » Thu Mar 31, 2011 10:39 pm

January 7, 2007

Do you 'Wanta' know; maybe you do and maybe you don't. In Georgia, bankruptcies are number 1 in the nation, thanks to new bankruptcy laws. Could that be an accident? So many property owners cannot understand the overt theft of their family, rights, and homes, yet the problem WILL affect EVERY American and the culprits are in plain view. The powers that be created a "cold war," which was really a 'red hot' free for all to distribute debt internationally and subversively. As in all moneyed schemes, the piper has to ultimately be paid; meet Leo Wanta, an appointed trustor of TRILLIONS OF DOLLARS by President Ronald Reagan, intended to be distributed to America? Despite Wanta's diplomatic 'privilege', he was ultimately extradited from Switzerland supposedly for a debt relating to Wisconsin back taxes in an abrupt and suspicious fashion. (Can't imagine the use of government to deny lawful behavior by Americans...familiar tactic, isn't it!?)And so begins the coming to pass of the REAL STORY!

Henry Paulson, the former chairman and chief executive of investment banking powerhouse Goldman Sachs (a 9/11 benefactor) and Bush appointee to the Treasury Department upon appointment, stated the American debt was "manageable," during his confirmation. Don't forget, BOTH Democrats and Republicans easily confirmed Paulson. However the International Court of Justice did not view his refusal to address ever escalating debt and fund payment to be an option for Treasury Secretary Paulson, upon repeated refusals to address the call for outstanding debt satisfaction.

to read the rest: http://www.ahrc.com/new/index.php/src/news/sub/article/action/ShowMedia/id/3397

by **therron57** » Thu Mar 31, 2011 10:41 pm

What I understand from the Bush admin supporters is that there is no crisis but there is. One thing is for sure no republican is responsible for anything but 1 trillion is required to solve something that is fundamentally sound or the apocalypse will come upon us. The GDP was used to determine the economy strength by them, until now, so we can trash those measures.

by **caelin** » Thu Mar 31, 2011 10:49 pm

My understanding is that it IS bush's fault.

by **darrick34** » Thu Mar 31, 2011 10:56 pm

My understanding is that it IS bush's fault.

It means that we are almost done. American empire is falling apart. Courtesy of grossly incompetent and criminal Bush administration along with Republican leadership.

by **drystan** » Thu Mar 31, 2011 11:02 pm

whoa... Rock it Delicate. That was a mouth full!!!! The plutocracy unfolds. Welcome to a New World Order, where the elite live like Royalty and the surfs die off to ensure the other half go on over-consuming. George Orwell, nor Aldous Huxley ever Imagined anything close to what we've become.
So just Enjoy your Cloned Beef sandwich and your GMO corn salad. Breath deep the Chemtrail polymers and soak up all the Fluoride you can.. because life without that diet soda aspartame head rush, ...just isn't ...

by **roche** » Thu Mar 31, 2011 11:11 pm

Those of you who say Bush, Only the house of representatives can make money laws.

My understanding is: congress tells the bank to make loans for everyone. People think they can buy a house off a loan (which they cant pay back on their own) and then thaught they could sell it when the value goes up. Then the house markey failed due to too many extra houses and the housews lost their value. all thise people barely affording the loans suddenly go into debt. all because Congress made PRIVATE banks do what the GOVERNMENT wanted them to do. which is selling loans to people who cant afford.

by **eddis** » Thu Mar 31, 2011 11:18 pm

Take the time to look at what caused the Great Depression and then compare these reasons to where we are at today. These are just facts and the Robbers are at it again.

by **collyer** » Thu Mar 31, 2011 11:20 pm

I'm not reading that big long thing you posted. But it's not 100% Bush's fault. A lot of it is; I think everyone pretty much agrees on that.

But take the housing market for example. A lot of people were losing their homes well before all of these lending agencies went under. A lot of average Joe's took out mortgages when it was at like 3% adjustable and lived paycheck to paycheck barely getting by. Then when interest rates went up and the market went down, they defaulted on their loans and their homes were foreclosed on.

Then take gas prices. In the past 3 years, we've had 2 major hurricanes that have hurt the Texas coast. But that's only a small part of our oil supply. It's Democratic congressmen that are voting against drilling more in the US. They'd rather have people going broke to pay for gas than cutting own a tree somewhere.

And then the war... I have friends and family who are currently serving in Iraq. Some say it's worth it. Others think it's not. But I can tell you that things would have been a lot worse if Pres. BUSH hadnt responded the way he did by declaring war. Yes, it probably should have ended sooner, but we don't know all of the details that president bush knows.

It' not ALL Bush's fault.

by **crom** » Thu Mar 31, 2011 11:38 pm

Welcome to the dangers of fractional reserve banking...

by **bercnan72** » Thu Mar 31, 2011 11:47 pm

fault of non-adherence to the ten commandments

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