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Sunday, July 31, 2011

Americas Big Debt Limit

Our problems are far from over. This is like trying to stop a major arterial bleed with a butterfly Band-Aid. Really. Obama, and our representatives haven't done a single thing since they've been in office.
Recap this - Obama has surrounded himself with the people who caused the major economic collapse of 2007 -2008. Some of his cabinet and Advisors were key players in the real-estate bubble - Lawrence Summers - a real piece of work received 5 mil in 2008 as managing director of D.E. Shaw, Michael Froman - received 7.4mil from citigroup in 08 before joining Obama, David Axelrod, David Stevens= head of Federal Housing Admin = former CEO of Long and Foster real estate brokerage firm,= 1999 - 2005 top executive for Freddie Mac.; Jacob Lew U.S. Office Management and Budget, = 2006 COO of Citigroups Alternative Investment Unit.; Austan Goolsbee - recently left his position with Obama out of frustration.

Why? - Because the Same CEO's, CFO'S, COO's, and others from the main investment firms, insurance firms, banking firms, lending firms still have jobs. Obama never requested an investigation of the big bubble burst of 2008. They left their positions or changed to new positions and kept their money and status, like nothing had ever happened. Now they advise our government and try to do damage control on the mess they created. The bank bailouts that saved their collective butts, doubled our national debt, and they kept their money and stayed out of jail. Now we're here. They are controlling the decision making - pushing it 2 more years. Obama is a puppet. This is being controlled by the former Bankers and the Federal Reserve. I do believe Obama wants to do something, but he has no control over these parties or their influence.

Here’s another interesting point. Dominique Strauss-Kahn. A recognized world financial leader who is openly critical of the U.S. Government’s handling of the 2008 crash. Just prior to returning to France comes down with a rape charge. He is known as a womanizer. But it’s awfully coincidental that these charges come when he is about to advise European officials on the status of the U.S. Economy, and perhaps change Europe’s stance and the value of the U.S. Dollar, just as the U.S. is about to start Budget talks? Strauss-Kahn has enough money to make a situation like this go away. Why is this woman so persistent? Is she virtuous? Does she want to do the right thing? Or is it acting; and her pay check is coming from a bigger source.

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