Tuesday, November 9, 2010

QE2 and it's essential take down of the American economy.

Ben Barnake has a plan for our bloated deficit and crashing credit market...print more money. This is essentially going to lower the value of the dollar, making you, the consumer have to use more of them when buying your food, gas. clothing and all of your other day to day items. This is going to cripple the lower and middle classes, as the upper classes will be the only "average" citizens capable of maintaining their current lifestyles. This will also create friction between the social classes. The "haves" and "have nots" if you will.

Why can we not instead of creating more money, create more opportunity for earning it? The more "money that isn't there" that is given out to the poor by means of welfare and unemployment, the deeper our grave gets. QE2 is just a way for the rich at the top, who have the most money, to keep themselves from taking a hit on this deal. With the global economy spiraling down the toilet, the feds will have enough of their own money to survive, but what of us? The average American citizen who's focus has been their family and the "American dream".

Instead of passing 2600 pages of budget-breaking healthcare legislation, why not pass legislation stating that we will no longer compete with foreign markets and labor pools? Bring our jobs back to America and tell greedy, corrupt corporate America that we patriots will no longer stand for this madness. We will not go quietly and let you make all of our hard work and love for our families be forgotten. We need leadership who truly think of our future generations, not politicians who claim education is their platform. I want to see someone who will practice what they preach...don't you?

2 comments:

  1. Absolutely! :) Thanks for sharing. Can't wait to read more!

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  2. Thanks Cori! I assure you this is just the tip of the iceburg. There will be plenty more!!

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