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Originally posted by mullet35
reply to post by Pstar
For me in your situation I would look forward to it, it may be a painfull and slow death but at the end of it you will be released from your burden.
Hats off for continuing with your life though there a man across the street from me on that relise on pills and a machine for his kidneys and he is sitting around waiting to die becuase he does not believe he will get his transplant
Originally posted by Mintwithahole.
Enough already! Nothings going to happen... yet! Whats going on at the moment is just a precursor to something far more terrifying that lurks up ahead just out of sight over the horizon. From reading fellow ATSers posts I am not the only one who's beginning to feel that tightening in the pit of my stomach that something bad is on the cards.
Every news bulletin, every newspaper and radio programme seems to be giving a minute by minute account of the world as it slowly spiralls out of control. Lieing politicians, out of control kids, rising fuel and food prices, dieing banks and financial institutions, the constant threat of terrorism and a third world war, not to mention the fact that everyone appears to be losing their jobs and being thrown on the scrapheap. We're in big trouble but the worst, I'm sorry to say, is to come- but not for awhile yet.
There is still a belief being held by many Americans that the U.S. Economy will stabilize at some point, and life will return back to normal. Unfortunately I must inform you now, that this is not ever going to happen. If you have followed U.S. and World economic news reports over the last twelve months, a bleak picture begins to emerge that is clearly leading to a future economic catastrophe. The White House recently reported a deficit of $482 Billion for Fiscal Year 2009, but the true number is $789 billion. There has been 463,000 jobs lost so far in 2008 and the job market is steadily declining. Major foreign companies are starting to refuse U.S. Dollars in favor of Euros as payment, and the big players in Oil are looking at $500 a barrel to be paid in the future. The U.S. dollar has drastically fallen to record lows and is worth about seventy cents right now on the global market and all signs point that it is not going to ever get any stronger, but quite the opposite.
All of this happening while companies like Exxon Mobil Corp. just reported a second-quarter earnings of $11.68 billion profit, which broke all business records to date by any U.S. corporation ever. American banking institutions are beginning to tumble like dominoes, one after the other. The FDIC insures banks up to $100,000 for each individual. With this said, the FDIC is really just a government agency, and who is to say when our economy collapses that the FDIC will be able to help anyone.