No One to Blame but Ourselves
After today’s financial fiasco we have no one to blame, but ourselves. Not being informed and making decisions is no way to go about things. We are running into a war with not only the races, but also the classes. The haves and have-nots. Those who will not be able to prosper the legal way will resort to crime. We may soon see a huge increase in crime because people will not be able to prosper through legal and ethical means.
People will not be able to run their small businesses let alone make payroll. The country and economy is built on these financial foundations. The radicals on both sides are also a cause of making this situation blow up. After listening to Lou Dobbs say the American people won today. Makes me want reach through the TV and give him good right across the face. He will be fine regardless as will many of the very wealthy in America.
This however will affect the middle class more than anyone. It will effect people who are employed by small companies to lose their jobs, due to their employer not able to make payroll. Smaller companies who use payroll services will have difficulty making their payroll if at all. Most small companies if not all rely on loans from their banks in order to make their payrolls every week. To show you it’s a vicious circle payroll companies who rely on borrowed money won’t have any access either.
Since this crisis basically freezes credit it will also affect large companies who rely on huge lines of credit. The other entity that hasn’t gotten as much press on is how it affects the rest of the world. Today this affect the closure of some banks abroad due to America’s financial crisis.
The other effect is how we are viewed by other countries. This is a huge aspect that no one is really focusing on. We are talking from foreign relations to foreign investments in the US being taken out. The American people need to know what’s really going on and how it will dramatically affect the American people. The government needs to put the American people first before politics.
