Stock Market Crash Coming
Just out, all the major stock markets are doing a major face plant and sinking fast while big banks are being downgraded by Moodys across the board. Europe has a financial meltdown going on and our markets are following the trend, as the saying goes, “the trend is your friend” in this case it’s far from true.
As you can see the market has dropped 250+ point today, but this is the tip of the iceberg. Grover Norquist just met with House GOP members and had them pledge a “Tax Payer Protection Plan” and 236 members signed the pledge to protect the American tax payers from tax hikes. Therefore telling senate house leader Harry Reed, to jump off a financial cliff, they will not back down or capitulate to his whining about what ever program will be cut. Can somebody tell me why Harry Reed, hegemony over the Senate, has not created a balanced budget in 3 years running now?
Congress is voting right now on tax heights including a few republicans to “FIX THE ECONOMY” with more taxes, but does this fix things? The problem is CONGRESS and their lack of leadership on the hill. They have sat on their hands for so long now they are in panic mode attempting to do damage control. Another reason why we see a failed government hard at [not]work. Didn’t they just go on a vacation a few weeks ago? What about the pensions, health care, perks, and incentives from lobbyist to promote some agendas for a certain few? All this self interest is catching up with them and the people are sick and tired of being the crap on the end of the short stick.
It’s not the American people’s fault; the problems with our economy welfare entitlements, liberalism, unions, bank fraud, government scandals, and lack of moral leadership. Now the morality of this nation has declined into the abyss of no return with EVERYONE wanting something for nothing. Just look at our legal system, it’s a complete farce. We sue people at the drop of a hat (estimated every 2 seconds a lawsuit is filed), the lawyers take a case without any substance of legitimacy, or context for a buck. Judges are just as guilty for letting this happen because of future campaign contributions or favors later on down the road.
We have become a nation of cheaters, liars and self serving free loaders, and the future does not bode well for our kids. In fact kids today heckle elderly people for amusement and then upload it to youtube for hits on their site. What have we become? Although there are some very good people out there, we only hear about the bad people, that sends a wrong message to everone that it’s acceptable to do this since others are doing it.
We need to stand up to show others we are a GOD fearing nation that holds these Christian beliefs close to the vest so others can see and mimic, not this “me for all nation”!