Yes We Have A Recession and Most Probably A Coming Depression
By Malcolm Hedges (04/15/08)
We can thank Congress and the MSM for this treat.
The Progressive Liberal Leftists in the MSM refuse to report the news, spending all their time fawning over Socialism, GreeenIsm and pop stars.
Food and energy costs are spiraling out of control and the dollar looses value every day. All three can be directly attributed to "our" Congress.
Congress demanded that people who didn't deserve a mortgage be given one and so the housing system went into the toilet.
Millions of Hispanic and Mexican illegal aliens are destroying our hospitals and overloading the "welfare" system. Encouraged by Congress?
Congress daily embraces and adds more "Green" rules and regulations designed to destroy the economy and it's working!
Cities and states have jumped on the bandwagon and are busy raising taxes, wasting the proceeds and creating new systems designed to cramp business.
And so as they wish, business is faltering, people have less and less money to drive the economy, unemployment is starting to raise and the government(s) will be starved for income.
I will spend my "rebate" (originally stolen from me by Congress) on a simple CYA exercise. Others will consider it a gift and having no clue the economy is going down the tubes will blow it on useless stuff assuming more will come.
The Fed will print more fake dollars to try to artificially prop up the mess and further drive the dollar down in value and make costs get even higher.
The "great depression" was exacerbated by FDR (A Progressive Fascist) and so we will have the new "great depression II" encouraged and facilitated by "our" Congress and the local and state Progressive Fascist political machines.
It won't be a pretty sight, but perhaps people will finally realize the fabricated promises of the Progressives are just plain BS....
A nice side effect will be that the MSM will go bankrupt with the rest of the country! Maybe some real "news" media will rise from the ashes?
Welcome to the new "great depression II", enjoy the ride and remember to thank Congress and the MSM! Don't forget to credit your local and state Progressive Fascist political machines.
BTW: As the US economy goes so goes the world economy, they will all be in the same boat (misery loves company).
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