Post by wyldberi on Mar 29, 2007 20:40:25 GMT -5
Since the bombs started falling on Baghdad the apathy of the majority of the American People has been wearing me down. What's taking place in Iraq is being done in my name and I absolutely hate that, and I detest the people responsible.
And while the occupation of Iraq has continued, and upwards of a million Iraqis have needlessly died, Americans have basically allowed the bush administration to loot the public treasury without demanding any accountability for the waste, fraud, and outright thievery that has been condoned by bush and his cronies. The money's gone somewhere. But it hasn't been into my pocket, or, most likely yours, either.
Instead, a large percentage of comparatively well-off Americans have continued to enjoy the benefits of artificially suppressed interest rates in what seems to be a mindless fashion. What would have happened during the Clinton era if interest rates had been as low then as they have been since the beginning of the bush 43 administration? Interests rates were deliberately dropped to unheard of levels to cover over the dangerously precarious financial situation our nation was facing following the "dot.com bust," the attacks of September 11, 2001, and the gloomy mood spreading across the country as the unconscious awareness of bush's true leadership qualities worked its way into the American psyche.
In the end, I believe we'll find out that American homeowners refinanced their home loans, spent the equity they had managed to build over the years, artificially proping up a weak economy, and bought new, larger, more luxurious homes, all with what amounts to be the money looted from the treasury and given away to bush's political capaign contributors. In exchange for the looted funds we're left with lots and lots of outstanding T-bills now owned by foreign investors; and that debt has become the obligation of the American taxpayer.
If I'm not mistaken, we, the taxpayers are still repaying the debt incurred over the Silverado Savings and Loan-type scandals of the 1980's. Remember neil bush and his scam?
www.rationalrevolution.net/war/bush_family_and_the_s.htm
And as the bubble in the home market continues to burst, I'm left wondering how many people realize this is but one aspect of the true cost of the Iraqi occupation for America. This is a cost that can't be counted by the deaths and injuries sustained by the Iraqi population. That is the cost they have paid; it doesn't go on our side of the balance sheet. Neither can it be counted in terms of the thousands of deaths that have occured among American service personnel, or the tens of thousands who were maimed and wounded in battle; nor is it the hundreds of thousands of American soldiers who have been traumatized for the remainder of their lives. This is the cost those individual soldiers and their families will have to live with.
The true cost of the Iraqi occupation for America will be borne, in part, by Americans who lose their homes because the economy can no longer afford to pay them what they need to cover the mortgage. And it will be paid by their children who will not be able to find a decent job because those have all been outsourced. And it will be paid by their children's children who will not be able to afford an education, because the public schools have been all but closed due to local tax revenue streams that have dried up and federal budget deficits that prohibit public spending for such luxuries.
America, the hens are coming home to roost. Don't you wish you would have paid closer attention to what was going on when you could have done something about it?
And while the occupation of Iraq has continued, and upwards of a million Iraqis have needlessly died, Americans have basically allowed the bush administration to loot the public treasury without demanding any accountability for the waste, fraud, and outright thievery that has been condoned by bush and his cronies. The money's gone somewhere. But it hasn't been into my pocket, or, most likely yours, either.
Instead, a large percentage of comparatively well-off Americans have continued to enjoy the benefits of artificially suppressed interest rates in what seems to be a mindless fashion. What would have happened during the Clinton era if interest rates had been as low then as they have been since the beginning of the bush 43 administration? Interests rates were deliberately dropped to unheard of levels to cover over the dangerously precarious financial situation our nation was facing following the "dot.com bust," the attacks of September 11, 2001, and the gloomy mood spreading across the country as the unconscious awareness of bush's true leadership qualities worked its way into the American psyche.
In the end, I believe we'll find out that American homeowners refinanced their home loans, spent the equity they had managed to build over the years, artificially proping up a weak economy, and bought new, larger, more luxurious homes, all with what amounts to be the money looted from the treasury and given away to bush's political capaign contributors. In exchange for the looted funds we're left with lots and lots of outstanding T-bills now owned by foreign investors; and that debt has become the obligation of the American taxpayer.
If I'm not mistaken, we, the taxpayers are still repaying the debt incurred over the Silverado Savings and Loan-type scandals of the 1980's. Remember neil bush and his scam?
www.rationalrevolution.net/war/bush_family_and_the_s.htm
And as the bubble in the home market continues to burst, I'm left wondering how many people realize this is but one aspect of the true cost of the Iraqi occupation for America. This is a cost that can't be counted by the deaths and injuries sustained by the Iraqi population. That is the cost they have paid; it doesn't go on our side of the balance sheet. Neither can it be counted in terms of the thousands of deaths that have occured among American service personnel, or the tens of thousands who were maimed and wounded in battle; nor is it the hundreds of thousands of American soldiers who have been traumatized for the remainder of their lives. This is the cost those individual soldiers and their families will have to live with.
The true cost of the Iraqi occupation for America will be borne, in part, by Americans who lose their homes because the economy can no longer afford to pay them what they need to cover the mortgage. And it will be paid by their children who will not be able to find a decent job because those have all been outsourced. And it will be paid by their children's children who will not be able to afford an education, because the public schools have been all but closed due to local tax revenue streams that have dried up and federal budget deficits that prohibit public spending for such luxuries.
America, the hens are coming home to roost. Don't you wish you would have paid closer attention to what was going on when you could have done something about it?
