America, as we have all begun to gravely realize, is in dire need of help in almost every aspect-- politically, economically, socially, financially, etc. In the past decade or so, this country has met and overcome four recessions, yes, four. You might ask yourself, "what exactly is a recession?" A recession is basically a drastic, widespread economical decline in which gross domestic production, employment, and trade, all suffer immensely. Sounding pretty intense? Unfortunately, our once booming nation is slowly but surely reaching this point. Think of it as a deadly game of dominoes. All of the pieces have been carefully stacked and the hand of time is gradually knocking down pieces, setting in motion the grave fate of the whole bunch. With the stock market on the verge of becoming a bear market, the widespread loss of homes due to an inability to pay mortgages, and a seven hundred billion dollar loan that will be used as a "quick-fix," it is quite possible to assume that the last domino is soon to topple...
So, who do we have to thank for this? Whose sworn duty is it to prevent catastrophes like this from happening? The hand of time? No. Our Commander in Chief, George Bush. Our President is the one to be held responsible for this and yet he is handing the responsibility down to America's bread and butter, her people. Bush is proposing a 700 billion dollar loan which, as he mistakenly believes, will solve these impending hardships. Bush expects to gather these monies through taxes, from societies that cannot even afford a mortgage payment. In a recent broadcast, George called for Congress to make "a quick decision," declaring that our economy is in a black and blue state. Sorry George, this situation cannot be relinquished with "a quick decision." It took more than just a few days leading up to our embarrassing condition, and as history has professed, it will take more than a few days to resolve. Maybe, if our wonderful president had taken the necessary steps in order to prevent a complete economical meltdown, America wouldn't be standing neck deep in a pool of absolute oblivion. But hey, George Bush shouldn't need to worry, he only has until the end of January right? It makes you wonder the true intent of a man who has taken oath to serve and protect his nation, under God, indivisible, with liberty and justice for all. When a man like this, a man who is willing to lend 700 billion dollars to companies that deserve to hit rock bottom, a man whose current actions define the slogan "the rich get richer while the poor get poorer," we can't help but question his present intent for the United States of America. God be with us if one of the two presidential candidates follow the same path of destruction that George Bush so endearingly helped pave.
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I think this is a honest and very true to life blog Matt. Not only is America reaching a recession at a rapid pace but we as a county are officially in debt by a devestating amount of $53 trillion. That's not just a walk around the park approximation, this is the official national report estimation meaning most likely it's climbing up. You see the evidence everyday in our gas prices, food prices, cost of living, tuition, book, unknown taxes we end up paying even when we don't know what they're for. Our country is declining at a appauling rapid pace, and sadly that immense debt is not going to just erase itself over. All we can hope for is that the next president can come in her and repair the severa damage this country has endured. People have their family members, homes, money in the bank. Things continue to get worse as our states keep getting hit by these distatorous storms, and our government continues to be absent while it's happening. It makes no sense, this is what taxes are for, so when there's a national disaster we are protect. It's sad to say all we can do is say im glad i wasn't their for hurricane Katrina and Ivan, but what about all the people that were there for it! Devestating!!! Looking back a mere 12 years ago when Bill Clinton was president we were in a position where we had money to spare reaching a point where we had $1,679,400,000,000+. Im not speaking about his chacter but merely the fact America was at it's best a few years back, and we are now at our worst. There's talk of us forming a North American Union between, the US, Canada, and Mexico. Realistically that will be the officially decline of the dollar. The US dollar is already decreasing in worth, but you take a country like Canada who pays direct gratuity tax, which are taxes that are taken out of their checks and goes towards free health care, and health benefits, and a country like mexico where their money has little to no value compare to even the decreasing US dollar and mesh it together with ours to make a new North American Dollar, would crumble our country. The value of our money would decrease more, and mexico would face a huge inflation leaving the well off people there more well off, and the poor, poverty stricken. Mr. Bush has done a lot of damage to this country. i feel in a lot of ways we as a nation are responsible for not standing up for our country, and reelecting him. Our country suffered a crisis when 9/11 happened, so people relied on our president, but we should have waken up a long time ago when he decided to declare war on Iraq, when the initial quote on quote problem was with Suadi Arabia! This blog was definitely needed to be addressed and i definitely had to throw my 2 cents in there, so thank you Matt!!! Great analysis!!!
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