Not this time

Not this time


NOT THIS TIME; don’t give into fear and lies; now is the time for real solutions to a real problems. 

Republicans and most Democrats led us into Iraq with nothing but a bunch of lies and scare tactics. Those same Republicans and Democrats are lying and trying to scare us again. This time it is a bunch of lies and scare tactics about the economy.

Americans of all political leanings must unite and shout out loud, NOT THIS TIME. We can’t stand by and just let this happen again. Two thirds of all Americans believe we went into Iraq without honest discussion about why? Now we are spending $10,000,000,000.00 each month on Iraq.  Six years, thousands of lives and immeasurable loss to tens of thousands of our finest men and women in uniform and their families reflect only the most visible consequences of this wrong response to the wrong problem.

Please, America, do not stand by and let us again be stampeded into another tragic wrong response to the wrong problem.You don’t need a Ph.D. in economics or a seat on Wall Street to understand what is really going on. Over the past ten years, all efforts to check the excesses of greed on Wall Street were turned back as getting in the way of free enterprise and free markets. The results from this almost total lack of over-sight were huge wind-fall gains in the hundreds of millions of dollars for a few and growing problem for the many.

After squeezing the housing and credit markets dry, the CEOs gathered up their multi-million dollar bonuses and began their exit from the scene of their deeds. They have left quite a mess in their wake. There use to be five “old money” major financial institutions that served as willing hosts over the past decade to the financial wheeling and dealings that supported Wall Street.  These “blue-bloods” of Wall Street are now down to only two.  These two hold most of the worthless paper we hear so much about.

And, make no mistake, it is worthless. The link to anything real, like homes, or pork bellies or whatever that is tangible, was severed years ago when “derivatives” were created. It is these financial instruments called derivatives that are left and they have no value. What happens if tax payers don’t bail-out these two firms that are the financial industries; they will have to write-off their losses. And, begin again.

That still leaves the rest of us with some major financial problems of our own. American households are desperate for liquidity…they need CASH.  Households are the source of consumer spending that accounts for over 2/3 of GDP.  Plans should focus on the quickest ways to get cash into their hands.  It worked wonders in the post great depression period and can work wonders now as well.

In summary, don’t be frightened into going along with the wrong answer to the wrong problem. Keep our eye on getting help to those who need it the most. It will reward not only our economy but also our souls.