How to Fix the Economy
by Simple steps to get things back on the right track.
Ok, so we all know the economy sucks right now. I’m serious again about this subject. I must first tell you than I am not an economist, I am not a banker, I do not work on Wall Street, and I am not a politician. I may not be any of those things, but another thing I am not is an idiot.
First of all, I want to clarify some things right off the bat. I don’t want anybody think I’m anti-American because I’m not, I love America, but I love the real America, not this watered down packaged and processed government of today. That America is a bunch of horse shit.
We have the most corrupt government in the world, hands down, indisputably, I don’t even want to hear any comment about that. I also want to tell you about the true wealth in this country. Over 95 % of the wealth in this country is owned by less than 5% of the population. Go figure.
I want to simplify things here. We have publicly elected officials who are inept. At the city level, these jobs are often considered part time jobs, and many never show up for mandatory city council meetings.
It all starts at the top people, and rolls downhill.
Our political system is outdated, and so broken that it can never be repaired. Changing parties every four to eight years is absolutely counter productive. By the time one parties goals reach fruition, the other party comes along and undoes the previous administrations work.
Think about this my friends, why did every single step in the financial crisis happen so nice and easy step by step to the worst scenario possible?
Do not be fooled, someone is pulling strings, they are the puppeteers and we are the puppets.
Don’t be fooled by the lies they are telling us. First of all, I don’t think the750 billion even exists, it is electronically created fantasy money that will never change hands with anybody. That’s what I think. In addition to that, the artificial inflation will cause three times the damage when the same time comes around next year, it always catches up.
Oh, there’s more I’ve got to say. The artificial stimulation of the economy will only weaken the dollar even further, and this angers the rest of the world, because investments over here are doomed to fail.
This will certainly not improve how the world sees America, and most of the world hates us anyway, because the United States is a big bully world wide.
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Post CommentWestbrook
On January 6, 2009 at 8:41 am
Okay BoJack, take a breath and relax…flex your muscles and then relax; breath in deep breaths of air and slowly let it out. Now, feel better yet? What have you learned in life? Politics and religion should never be discussed! Do you know why? It’s because there are almost 300 million people in this country and all who can think and reason have their own views. I think each and everyone of us can agree with many things you are saying and disagree with others. That’s the nature of the beast. If we all marched to the same tune, there would be no need for government, rules and regulations. The best we can do is seek what we think is the truth, gather up support and try to change things…legally. Realize that we are a nation where government can change hands without a war. In that regard, we are fortunate.
Bo Russo
On January 6, 2009 at 8:57 am
I know Wess,but the great lies just PISS ME OFF.They mislead everyone
Peter Cimino
On January 6, 2009 at 10:18 am
So, how do you really feel! LOL! Just kidding. You bring up a lot of valid points. The bottom line is you make your case and you support it. That’s what good writing is all about. Well done.
papaleng
On January 6, 2009 at 11:02 am
a nice article that worths reading.. Guess you should run for a gubernatorial seat next election.. Just kidding bro.
hfj
On January 6, 2009 at 11:30 am
BoJack, you are right on about our government. Our elected officials are a joke, and have let down the trust of the Amercan people. America is owned by China and Japan, and i look for our name to change in the next few years. Good article.
Sam Finch
On January 6, 2009 at 1:53 pm
This mess is so colossal that it can not be unraveled.
But that’s not the point.
The mess is intentional.
We will soon be a third world country.
That is all.
Mr Cool
On January 6, 2009 at 3:17 pm
So what are your views on the situation in America? oj
I’m Irish not American but a lot of this apply’s over here and it’ sa good opinion. Also you’re right, America is a bully
Bo Russo
On January 6, 2009 at 3:25 pm
HaHa,thanks guys,Mr.Cool,keep those Irish eyes a smilin’across the pond.
Izzy Daniels
On January 6, 2009 at 4:58 pm
Bo you bring up alot of valid points, and I agree, and will fight for most of them. I think its cool that someone actually has the guts to share this over the web. question? would you give me permission to link this my blog? I’ll give you credit, but I think because it shares my opion I would like to share it with a wider fan base. (I just started it lol, so i’m still trying to get readers.)
Bo Russo
On January 6, 2009 at 5:21 pm
Yeah,Izzy,that’s totally cool with me.
Mercedes Selvira
On January 6, 2009 at 6:21 pm
Very good article. I love the passion in it, and you make many valid points.
AC Hamilton III
On January 6, 2009 at 7:14 pm
I love it when someone cares enough to take a stand and state it without apology, especially when it comes to our country.
AC
Inna Tysoe
On January 6, 2009 at 10:11 pm
So why do we want a strong dollar? Don’t we have enough problems selling our goods overseas and paying off our debt? Raising the value of the dollar will increase our trade deficit and have the effect of us having borrowed cheap dollars to repay with expensive ones. In other words we will be repaying at least twice what we borrowed (not counting interest).
I’m not sure that’s a good idea.
But it’s well written and your frustration with the mess is evident.
Regards,
Inna
Morgana
On January 6, 2009 at 11:27 pm
The economy. I hate that damn word. The reason everything is the way it is could be traced to GREED. Once people are in power they forget about the right thing to do and all they think about is what benefits them in any level ;emotionally financial and what have you. In my opinion all the governments of the world are equally corrupt.
Bo Russo
On January 6, 2009 at 11:36 pm
Morgana,I think this country is worse,but,only my opinion.
Inna,I am no expert,and no way going to challenge you on something like this,but I was thinking of buying power and a little more respect on the world stage.
If you owe someone 50 bucks,you owe them 50 bucks,regardless of the foreign value of said money.Right?
trishia
On January 6, 2009 at 11:44 pm
Amen! Morgana. First of all Bo,I enjoyed reading every bit of this write. I too admire anyone that has the nerves to speak out on these issues. We’ve gone wrong in so many areas-I’m hoping we can learn from those mistakes. It’s going to take some time,but hopefully we can stabalize in some of the areas,little by little.
I really do like your matter of fact attitude.
PR Mace
On January 7, 2009 at 12:12 pm
WOW! Don’t hold back any feelings. I agree with some of your points of view. It was an interesting and thought provoking article. Now, take a deep breath and let your blood pressure go back down. Take care, Pam
Lauren Axelrod
On January 7, 2009 at 3:06 pm
Wow, an impressive piece Bojack and I have found out some very interesting information from a lawyer friend of mine.
After the bailout, Citi-financial, amongst other financial institutions, obtained millions of dollars to bail out their companies and assist home owners going through foreclosure.
I now know first hand that only 300 people have had their homes saved by the bailout and Citifinancial is using that money to buy up trouble companies and banks, laying off hundreds of people, and sitting on every cent while people lose their homes left and right.
It makes me sick!
CA Johnson
On January 7, 2009 at 3:46 pm
This was an interesting read. You brought up great points.
Bo Russo
On January 7, 2009 at 6:09 pm
I know what you mean Lauren,they are pulling the wool over your eyes.You all know I bleed red white & blue,but this crap has gone too damn far,I don’t even think anarchy is out of the question in 2009.
Thanks everybody.
Brian Rasco Craig
On January 8, 2009 at 5:09 am
well if you all remember anything from Russian communism things could be alot worse (not trying to say that the russian had it the worse not in anyway just Russian history is something I have looked into alot) btw I am a scottish person
All govermeants are corrupt or not bojack and everyone who has commented on this has took corrage to say there opinions but as a friend of mines sayed he may have quoted it but anyway “saying something is one thing doing something about it is another”
the fact remains the current world has become to controlled we follow like sheep and say things behind the farmers back I’ll happly admit that be a sheep and just try and make the best of what I have
Inna Tysoe
On January 13, 2009 at 2:07 am
“If you owe someone 50 bucks,you owe them 50 bucks,regardless of the foreign value of said money.Right?”
Not exactly. If the dollar is worth less that $50 can buy less and if the dollar is worth more the same $50 buys more. We have all seen it in grocery shops. As the price of the dollar fell, it took more dollars (maybe 20% more) to buy the same things.
In other words, right now if we borrowed $50 we actually borrowed $60 but can repay $50.
If we were to raise the price of the dollar however we would have to repay the $60 or if we raise it high enough $70 or more. In other words, we run a very real risk of repaying more than we borrowed.
As for getting respect abroad with our dollar. Not sure that would work–with international currencies falling against the dollar. I mean, right now the British pound is the lowest it has been against the dollar in my memory at least. So (relatively speaking) the dollar already rose in value. (This is a reflection of the fact that messed up as we are, we still have the one of best economies in the world.)
Regards,
Inna
stephencardiff
On February 22, 2009 at 11:45 am
there are some valuable points here