Everything Is Going To Be Alright?
Is the U.S. economy going to be okay? Well, if the only source
you listened to was the mainstream media, you would be left with
the distinct impression that the U.S. economy is heading toward
a full recovery and that everything is going to be alright.
Unfortunately, that is not the case at all. The United States is
rapidly becoming poorer as a nation and less competitive in the
global marketplace. At the same time, consumer debt levels are
rising, corporate debt levels are rising, state and local
government debt levels are rising and the U.S. government is
indulging in a debt binge unlike anything the world has ever
seen. Considering the insane amount of money the U.S. government
has been pumping into the economy, we should have seen a much
more robust recovery by now. Instead, the employment statistics
have barely moved and government dependence is at an all-time
high. That is really sad, because this is as good as "the
recovery" is going to get. The next major economic downturn is
just around the bend, and in future years millions of us will
desperately yearn for the "good old days" of 2012.
Below, I have compiled a list of things that I have entitled
"Everything Is Going To Be Alright?"
It is composed in the form of a song, but it really isn't meant
to be sung. It is probably actually more of an economic horror
poem than it is a song. What I have tried to do is to point out
the absurdity of what we are all being told by our politicians
and by the media. Hopefully you will enjoy reading it as much as
I enjoyed writing it...
Yahoo is going to be laying off thousands of workers starting
next work.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
Best Buy has just announced plans to close 50 stores.
Don't worry about a thing - JPMorgan Chase CEO Jamie Dimon says
everything is going to be alright.
The mayor of Los Angeles has announced that the city will be
laying off "a large number of employees".
Don't worry about a thing - Barack Obama says everything is
going to be alright.
Baltimore is so broke that it has decided to look into selling
off some of the most famous historical landmarks in the city.
Don't worry about a thing - the mainstream media says everything
is going to be alright.
The city of Costa Mesa, California is so broke that is has
decided to sell off its police helicopters.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
The city of Trenton, New Jersey is so broke that it has decided
to indefinitely postpone buying more toilet paper for city
buildings.
Don't worry about a thing - Joe Biden says everything is going
to be alright.
The capital city of Pennsylvania is so broke that it has decided
to start skipping debt payments.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
The state of Nevada has a 12.3 percent unemployment rate.
Don't worry about a thing - the pretty people on television say
everything is going to be alright.
Total student loan debt in America has now passed the 1 trillion
dollar mark, and about 270 billion dollars of those loans are at
least 30 days delinquent.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
The savings rate in the United States has fallen back to
pre-financial crisis levels.
Don't worry about a thing - Harry Reid says everything is going
to be alright.
Home prices in the United States hit a 10 year low in the month
of January. They are now down 34.4 percent from the peak in
2006.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
The average price of a gallon of gasoline in the United States
is rapidly approaching the $4.00 mark.
Don't worry about a thing - Anderson Cooper says everything is
going to be alright.
Median household income in the United States is down 7.8 percent
since December 2007 after adjusting for inflation.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
When Barack Obama first took office, the number of "long-term
unemployed workers" in the United States was approximately 2.6
million. Today, that number is sitting at 5.6 million.
Don't worry about a thing - Nancy Pelosi says everything is
going to be alright.
The BRICS countries (Brazil, Russia, India, China and South
Africa) are publicly declaring that it is time to move away from
the U.S. dollar as the primary reserve currency of the world.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
One out of every five Americans will be 65 or older by 2030 and
nobody has any idea where all the money is going to come from to
pay them the benefits that they have been promised.
Don't worry about a thing - Rachel Maddow says everything is
going to be alright.
More Americans are dependent on the government right now than at
any other time in all of U.S. history.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
The number of Americans on food stamps has increased by 14
million since Barack Obama became president and is sitting at an
all-time record high.
Don't worry about a thing - Hillary Clinton says everything is
going to be alright.
The U.S. government will add more to the national debt in 2012
than it did from the time that George Washington became
president to the time that Ronald Reagan became president.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
The U.S. national debt is currently increasing by about 150
million dollars every single hour.
Don't worry about a thing - Federal Reserve Chairman Ben
Bernanke says everything is going to be alright.
The Federal Reserve bought approximately 61 percent of all
government debt issued by the U.S. Treasury Department in 2011.
This is a Ponzi scheme that will completely collapse at some
point.
Don't worry about a thing - Barack Obama says everything is
going to be alright.
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So what is your opinion?
Do you believe that everything is going to be alright?
Please feel free to leave a comment with your thoughts below.... |