The First 48 Hours
And I feel a huge weight lifted off my shoulders. Having a new president is one thing, but having somebody in office that you can trust to make smart decisions based on facts and what NEEDS to be done, not what you believe to be right based on your “gut”.
The economy is in a free-fall. Shows just how tightly knit everything is related when it comes to the economy. Houses are built because people need jobs, so we start construction companies to make jobs. People buy houses and are given bad loans for their houses, that they can’t afford, or, they buy a house and are fired from their job so they can’t afford the house. House is forclosed upon.
Too many loans default, and all the loans which were sold off to the market and banks sour the market. More jobs lost. More lost money. Money that really wasn’t there in the first place.
It’s all numbers. Numbers being pushed around on paper. Money that never existed. So our phony economy based on phony paper goes down the drain, people start loosing jobs more and more. If this is a recession I’d hate to have seen what the Depression is like.
I’m just thinkkiing out loud and I”m sure none of this makes sense.
Short of it is, our new president has a hell of a lot of work cut out for him.
My advice? First thing to do to clear up a LOT of money? End this war that’s costing us billions a month to run and thousands of lives lost. Depends who you ask, but usually you hear the war is costing us 12 BILLION a month to run. By my math, we’re talking over 840 BILLION spent since the start, not including extra bumps here and there thanks to the Bush Admin’s blank checks. I also understand those numbers don’t include costs of contractors in the war. Leave it to America to outsource a war. So, end the war, and we start saving billions of dollars a month. That way, when some industry says “We need 24 billion to stay alive for a month, we don’t have to think so hard about it….. even though the answer should be a solid “no”.