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2013: USA entering into a 2nd Great Depression if Romney is elected & rules with his Economic plans.

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posted on Nov, 5 2012 @ 02:26 PM
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The Peace of God to all that belong to the light,
Dear Readers,

I have had during this last weekend a so clear and strong premonition concerning the performance of the American Economy.

From which I am perceiving, if Mitt Romney become elected tomorrow as President, and he accomplish the economy plans he is promising to the electors, he might push the USA into a second Great Depression.

His economic programs are based on gradual de-regularization of the forces of the Market, to let them flow freely subject only to the free offer and demand, and that might include all the markets, Wall street and the financial one too.

The other important element of his policies is to believe that we need to reduce the State to almost nothing, in other words to eliminate its role of regulator of the economy and put in the streets millions of public employees since there is no funding to have them working for the government.

The social security system of the USA is extremely inconvenient to make the country really attractive for investors according with his own ideas of how to motivate growing. This might signify that he is not willing to continue giving unemployment insurance to millions of people.

His recipe of how to reactivate recovery is to eliminate taxes, reduce the size of the State and reduce labor benefits, almost the same strategy followed by Ronald Reagan in 1980's, the one that push the economy in to growing, but after more than two long years of complete mess, during his first term.

The difference in between that era and the current is that we have at present Globalization, a very important element that Reagan never dealed with. On a Global economy these kind of measurements are not going to activate the economy, since anyway the investors always have economic "paradises" like China or India, that thanks to their giant populations and very poor average standard of life, can always improve any price of anything, they can work always for less than any American can do it.

In 1991 when George Bush, father, signed the Nafta, he could move gradually the economy during another grave recession, created as a side effect of the excessive de-regularization after Reagan phenomenon, and the war he himself declared in the Persian Gulf, primarily because millions of American products invaded the markets of Mexico and Canada, that extra consumption plus the relative cheap Mexican hand work created two giant flows of income into the American economy.

By one side the exportations to the Mexican Market , as well as the Canadia, moved the economy a lot, created a stable flow of money into the USA, and by other side the production of American industries in Mexico sent cheaper items to a depressed market that could consume them, more rapidly than when everything was produced in the USA, recovering the demand.

The difference with respect to the present moment is that the countries that are sucking almost all the profit in this market, leaded by China, are consuming so few from the States, practically nothing in comparison with what they are exporting to here, and if that is not enough, we own to them hundreds of thousands of millions of dollars in debt, so it is an absolute deficit equation. Pay attention to this hugh difference, since we never owned money to Mexico or Canada, as it is with China now.

The only way to reduce the debt with China, recovering the value of the dollar and at the same reduce such a risky dependency is by taxing the great capitals in the way Obama is proposing. With more public resources also the government can move the economy through civil works, something now is very difficult. So it is not true that the government might be richer with more taxes, but it will have more capacity to move the economy forward, something that the private sector is not doing at present.

In times or Reagan the wall street was regulated, possibly not as much than now, but certainly many times more than what Romney wants, that is another key factor to understand that the recipe he is used worked perhaps in the 1980's but now is going to push us into a great Depression. Everybody accepts now that the lack of regularization in the George W. Bush era was responsible of the crash of 2008.

Check the European case, the current economic schemes that are ruling the countries on crisis, that are suffering now the first stages of a depression, are all inspired in the same models of reduction of the state and liberalization of the markets promoted by Germany.

The Best way to understand that the Romney’s economic plan might be a fiasco, if it is implemented ,is to compare the countries in crisis in the other side of the Atlantic: Spain, Greece, Portugal, Ireland, Belgium, all with great private sectors and extremely reduced public ones, with respect to the ones are in healthy economy, like Sweden, Norway, Denmark, Nederlands, Switzerland, in which the role of the state is as a firm regulator of the economy with solid social security systems and well established proportional taxation to the capital, and moreover strict regulation of the financial markets.

Sorry for my readers that are falsely expecting a miracle from Romney, he might be nicknamed the Madoff of the politics, in the future if he becomes President and perform what he is at present proposing.

Pls check this: hyperreport.org...

Remember that the Madoff scandal exploded precisely around a former Nasdaq Chairman being G.W. Bush President and Romney governor of Massachusetts.

Pls read:
en.wikipedia.org...

Here some curious articles showing supposed links of Romney with the Madoff scandal:
www.dailykos.com...
libertarianreview.us...

The most interesting thing is that many of these sources of information are not really Democratic, but linked with the Libertarian party, moreover with supporters of the Republican Pre-Candidate Ron Paul !!.

Thanks,

The Angel of Lightness

edit on 11/5/2012 by The angel of light because: (no reason given)




posted on Nov, 5 2012 @ 02:32 PM
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Whoever will be the next POTUS he will have to deal with 2nd Great Depression as the truth is, things are allready that bad.. Whoever it will be let him have courage to make better choices.



posted on Nov, 5 2012 @ 02:35 PM
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Dear Angel of Light...you claim to be a seer yet you don't know who wins tomorrow? Your post is nothing but your own personal speculation.



posted on Nov, 5 2012 @ 02:38 PM
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Presidents don't have that kind of power.

They are just talking heads.

You are basically picking the voice of the sinking ship's broadcaster.



posted on Nov, 5 2012 @ 02:39 PM
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You are right on track that globalization is a MAJOR factor.

Money flows from us to THEM, and to make things worse, in a global economy they also provide cheap work *for us* and the "capitalist system" is using this to its advantage. (Any smart business man will see where to have work done as cheap as possible, and in a global market foreign workers work *for* US corporates at a fraction of the cost. There is not even anything wrong with this, however it is a big problem because WE need the jobs!).

It's an endless circle.

And i fear with you that Romney not only has no plan, he will do the exact opposite what is actually required.And there are even worse fears, such as WW III.



posted on Nov, 5 2012 @ 02:40 PM
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False prophet.



posted on Nov, 5 2012 @ 02:45 PM
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>>
in healthy economy, like Sweden, Norway, Denmark, Nederlands, Switzerland, in which the role of the state is as a firm regulator of the economy with solid social security systems and well established proportional taxation to the capital, and moreover strict regulation of the financial markets.
>>

Will never happen as long as Americans associate this with "communism" and "socialism" in the negative sense. They rather go down with flowing flags, into total disaster...as opposed to let the government "regulate" things such as in those EU countries. The key here is that if capitalism in its pure form is allowed to work freely, it will NOT benefit anyone BUT a very tiny minority of the rich, it NEEDS some sort of regulations..and a good example where it works beautifully are those countries you listed.

But as long as there are people who believe this will mean "communism" (out of total ignorance) this won't work.



posted on Nov, 5 2012 @ 02:47 PM
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reply to post by The angel of light
 


You do not follow very well the news of what the Federal Reserve, Wall Street and our government is been doing lately, do you.

We are already into the great Depression that started in 2008, but see you don't know anything about it because reading into propaganda makes things feel and look better.

Do you know what the "bailouts were"? guess what they are now call Q1, 2, and 3 at a tune of 40 billion dollars of money printed under orders of the federal reserve a month since July, we are still bailing out Wall Street and the banks.

We are heading down the crapper regardless of who win the elections by the way, already banksters and Wall Street are calling for Q4, because 40 billion a month is not enough to keep them afloat.

Research better on what is going on in the nations economy right now and not what propaganda is telling you.
edit on 5-11-2012 by marg6043 because: (no reason given)



posted on Nov, 5 2012 @ 02:48 PM
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Democratic or Republican.......America's fate has been sealed.

They are just sticking bubble gum in the dam, so to speak!

All the financial decisions have been made. Now we wait for the unraveling of the dollar



posted on Nov, 5 2012 @ 03:21 PM
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Originally posted by flexy123
>>
in healthy economy, like Sweden, Norway, Denmark, Nederlands, Switzerland, in which the role of the state is as a firm regulator of the economy with solid social security systems and well established proportional taxation to the capital, and moreover strict regulation of the financial markets.
>>

Will never happen as long as Americans associate this with "communism" and "socialism" in the negative sense. They rather go down with flowing flags, into total disaster...as opposed to let the government "regulate" things such as in those EU countries. The key here is that if capitalism in its pure form is allowed to work freely, it will NOT benefit anyone BUT a very tiny minority of the rich, it NEEDS some sort of regulations..and a good example where it works beautifully are those countries you listed.

But as long as there are people who believe this will mean "communism" (out of total ignorance) this won't work.


Remove Sweden from that line of countries and what you say and I agree. Swedish politicians are frankly doing the one stupid misstake after another trying things that even the US is not stupid enought to try like the insane mandatory pensionsystem that are frankly the state stealing pension money and giving it to banks to play in the stock market. The risk capital companies are becoming parasitical on the goverment and the goverment is parasitical on the lower class and middle class. Norway and Denmark is another thing.

But Sweden is the worlds best county (a good thing) when it comes to take care of the refugees that the US create in the middle east even if we do not have jobs for them and they become unemployed crushing the social security systems we have. If the US had to morally pay for all the crap it creates it would not have anything left at all.



posted on Nov, 5 2012 @ 03:31 PM
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Originally posted by marg6043


We are already into the great Depression that started in 2008,


Sometimes I think it's interesting how people define depression.

I myself lived in the States from 2000-2008, and in 2000 the economy was already LACKLUSTER, with all the problems you have such as low wages, weak "social system" etc.etc..

But the BIG, BIG negative "boom!" happened at the same time where the dotcom bubble burst, and in particular ONE MAJOR thing was 9/11. After 9/11, you could see companies going down like flies, eg. where I lived in Illinois. Bankruptcy, lay offs literally everywhere! 9/11 also directly affected my relatives in the States in their jobs and also myself.

Saying, the "depression" started way, way earlier, 2001 in my opinion. In fact, it frightens me to think that it got even worse AFTER i didn't even live in the US anymore. But..are people ignoring that things were already bad, bad beyond comprehension before 2008 (BECAUSE THEY WERE!) are they deliberately doing this because they cannot admit that the depression already happened under Bush??

Are you seriously believing the depression started in 2008 (what a ridiculous thought)....by coincidence at the same time when Obama was voted into Office? And anything before has been erased from your memory? Then...sorry I don't think there is any help for you anymore...
edit on 5-11-2012 by flexy123 because: (no reason given)



posted on Nov, 5 2012 @ 03:47 PM
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reply to post by flexy123
 


I can take you back historically to when our economy started to go down the crapper, but I don't think people cares this days.

And as for 2008, well I remember back during Bush Jr when he used to preach that the economy was solid and stable, but then again many don't remember that, this has nothing to do with Obama or Romney actually let me go back Obama is no helping and Romney will not help either.

Still the mortgage meltdown happen in 2008 and that is when our government decided to acknowledge that economically we were in trouble, people remember that better.

History is not what most Americans are good at when it comes to time line of events and that is a fact so keeping things short and to the point makes people listen at least you did.



posted on Nov, 5 2012 @ 03:55 PM
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Hate to brake it to you but collaspe will happen no matter who is POTUS. They say by 2015 we will start to see hyperinflation. Some say we have 9 months. It doesnt matter. Right now we vote on who can hold the water behind the dam longer.



posted on Nov, 5 2012 @ 08:17 PM
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reply to post by flexy123
 


The Peace of God to all that belong to the light,
Dear Readers,

Let me pick this reply to respond, it is practically impossible to answer all of the many have entered in the queue since the thread was created. Since I am a person that really loves a Democracy, or must I say a Republic perhaps?, I respect all the points of view, even the ones that are diametrically opposed to what I am perceiving.

The last part of the reply of Flexy123 that caught my attention that is a very important point that escaped from my original analysis of what we have in front of us. Certainly there is only one possible plan, among all the ones that Mitt Romney have proposed in this campaign to able to create the 7 millions of jobs he has offered, well that is what he was saying about a week ago, since there is people saying that now he is saying that 15 millions is a better estimation of what his economic miracle will carry to America.

I believe the ultra-secret weapon that this very interesting candidate might use to certainly employ such great amount people are the soldiers he would call to fight against Iran, well to try to win that other preventive war that of course is now in his mind. .

The only problem with the war Romney wants to declare against Iran is that the we are still paying the cost of the two wars the last republican Administration started, reflected in our giant public deficit, the same that has sunk the price of dollar in all the markets, and by other side it could release another uncontrolled inflation wave, like the one crashed the mortgage system at the end of 2007 to finally collapse Wall street in January 2008.

Thanks for your participation in the thread,

Your friend,

The Angel of Lightness



posted on Nov, 5 2012 @ 08:20 PM
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reply to post by The angel of light
 


What's bigger than a Great Depression oh I got it we're going to be in a Supreme Depression or Everdepression. Great deprssion will look like walk in the park compared to what we'll see.



posted on Nov, 5 2012 @ 08:29 PM
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:lol

With crazy posts like this, and just the way the citizens are these days, I can see how bad the brits had it back when we were their colony at the very end..



now we have people predicting doom and gloom, and how Obama, has some miracle to save the economy, and bring production back to the USA, by creating civil BIG government jobs.



Or his great eureka, moment back in 2008, declaring alternative energy would create thousands if not millions of jobs, ahem Solyndra, you know the alternative energy agenda, was bull crap, I would hope since your so wise and can see the future and have some kinda intuitive powers you would be wise enough to realise one thing...


neither one of them will fix anything....


Closest thing to how things are right now... Can be explained to you best by someone from England..


Second great depression..


If you were as smart as you are trying to sound you would realize the First great depression has been with us since it started..... Its just been rolling..


Ok the 2nd post, posted by one of the majority of mankind, unable to use their mind to form logical thoughts...

Also its a fact that the majority of the world does not have running water... Post like this, help me understand why..




posted on Nov, 5 2012 @ 08:48 PM
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reply to post by MsAphrodite
 


The Peace of God to all that belong to the light,

Here is another very interesting short reply, that has caught my attention.

Dear Aphrodite, I believe you are missing the point here, this is not necessarily the future, but a possible future if America commit the mistake to vote following the seductive power of a man that is in his own way also a false prophet, because he is predicting a false future he knows perfectly only exist in fantasy.

Mitt Romney is until this precise night promising to bring all together to this country the paradise, the heaven, the nirvana and the Valhalla, something we all know perfectly that is impossible, in the same way the people that deceived by Madoff might knew that they were going directly to a trap.

Sometimes there are moments in which God allow us to see with clarity a future, but gives us also the opportunity to decide, like when Jonah was sent to Nineveh to prevent its people that they were going to be destroyed, but at the end it didn't happen, since the entire city repented of their sins.

Here is the principal part of that story:


Jonah 3:3 NIV Jonah obeyed the word of the LORD and went to Nineveh. Now Nineveh was a very important city--a visit required three days. On the first day, Jonah started into the city.
He proclaimed: "Forty more days and Nineveh will be overturned."
The Ninevites believed God. They declared a fast, and all of them, from the greatest to the least, put on sackcloth.
When the news reached the king of Nineveh, he rose from his throne, took off his royal robes, covered himself with sackcloth and sat down in the dust.
Then he issued a proclamation in Nineveh: "By the decree of the king and his nobles: Do not let any man or beast, herd or flock, taste anything; do not let them eat or drink. But let man and beast be covered with sackcloth. Let everyone call urgently on God. Let them give up their evil ways and their violence.
Who knows? God may yet relent and with compassion turn from his fierce anger so that we will not perish.
When God saw what they did and how they turned from their evil ways, he had compassion and did not bring upon them the destruction he had threatened.


No, MsAphrodite, none false prophet at all can come here and prevents on time the people to try to save their necks, to move back when they are planning to walk into the abyss, or approaching to other dangers in the past, and none has done that for long six years in this forum, as well as prophecies & predictions, to see dozens of his forecasts accomplished, as it is my case.

I don't like the title of prophet, I prefer just the one of a simple messenger, is that the reason for which I chose to be called Angel.

However, certainly there are false prophets, and one very important example, perhaps the best one in America is possibly Joseph Smith, the dowser that changed his profession of gold digger, to write again entirely the Bible, what is a capital sin, changing not only facts, but places and people mentioned on it, but that was not all, he claimed that it was by the will of God and who gave him the keys of the kingdom of God or of the heaven, the ones of course are only in the hands of St Peter, when he was in this world, and in the ones of our father Abraham in the other side, respectively.

Tomorrow a follower of that false Prophet, Mitt Romney, will try to arrive to the most powerful office of this country, supported in his complete faith in what he learnt in his congregation and planning to take oath on January 20th not on the Bible but on the Heretic Book of Mormon.

Thanks for your reply,

The Angel of Lightness .
edit on 11/5/2012 by The angel of light because: (no reason given)



posted on Nov, 5 2012 @ 08:55 PM
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Originally posted by The angel of light
reply to post by MsAphrodite
 


The Peace of God to all that belong to the light,

Here is another very interesting short reply, that has caught my attention.

Dear Aphrodite, I believe you are missing the point here, this is not necessarily the future, but a possible future if America commit the mistake to vote following the seductive power of a man that is in his own way also a false prophet, because he is predicting a false future he knows perfectly only exist in fantasy.

Mitt Romney is until this precise night promising to bring all together to this country the paradise, the heaven, the nirvana and the Valhalla, something we all know perfectly that is impossible, in the same way the people that deceived by Madoff might knew that they were going directly to a trap.

Sometimes there are moments in which God allow us to see with clarity a future, but gives us also the opportunity to decide, like when Jonah was sent to Nineveh to prevent its people that they were going to be destroyed, but at the end it didn't happen, since the entire city repented of their sins.

Here is the principal part of that story:


Jonah 3:3 NIV Jonah obeyed the word of the LORD and went to Nineveh. Now Nineveh was a very important city--a visit required three days. On the first day, Jonah started into the city.
He proclaimed: "Forty more days and Nineveh will be overturned."
The Ninevites believed God. They declared a fast, and all of them, from the greatest to the least, put on sackcloth.
When the news reached the king of Nineveh, he rose from his throne, took off his royal robes, covered himself with sackcloth and sat down in the dust.
Then he issued a proclamation in Nineveh: "By the decree of the king and his nobles: Do not let any man or beast, herd or flock, taste anything; do not let them eat or drink. But let man and beast be covered with sackcloth. Let everyone call urgently on God. Let them give up their evil ways and their violence.
Who knows? God may yet relent and with compassion turn from his fierce anger so that we will not perish.
When God saw what they did and how they turned from their evil ways, he had compassion and did not bring upon them the destruction he had threatened.


No, MsAphrodite, none false prophet at all can come here and prevents on time the people to try to save their necks, to move back when they are planning to walk into the abyss, and none has done that for long six years in this forum, as well as prophecies & predictions, to see dozens of his forecasts accomplished, as it is my case.

I don't like the title of prophet, I prefer just one of messenger, is that the reason for which I chose to be called Angel.

However, certainly there are false prophets, and one very important example, perhaps the best one in America is possibly Joseph Smith, the dowser that changed his profession of gold digger, to write again entirely the Bible, what is a capital sin, changing not only facts, but places and people mentioned on it, but that was not all, he claimed that it was by the will of God and who gave him the keys of the kingdom of God or of the heaven, the ones of course are only in the hands of St Peter, when he was in this world, and in the ones of our father Abraham in the other side, respectively.

Tomorrow a follower of that false Prophet, Mitt Romney, will try to arrive to the most powerful office of this country, supported in his complete faith in what he learnt in his congregation and planning to take oath on January 20th not on the Bible but on the Heretic Book of Mormon.

Thanks for your reply,

The Angel of Lightness .


ok then, a person dedicates a post to a responded.. Truth reveals itself, this post is just troll bait...



I gave this thread little credibility from the start, even less now...





noobie forum posters... All worried about image in a computer screen, next time clean your computer, and do not try to clean your image or respond to trolls within a age group between 5-100.... Most being between 5-13 until puberty hits..

I am not complaining, just pointing out a truth... I think its funny and sad and lonely at the same time...
edit on 5-11-2012 by MaurinQuina because: (no reason given)



posted on Nov, 6 2012 @ 01:54 PM
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The Peace of God to all that belong to the light,
Dear Readers,

The time of the campaigns is already closed, today is the day of the great decision, a decision that will affect dramatically the lives not only of America but of many countries around the world.

To vote is a right, but also a huge responsibility, and a moral duty. Think on this before to let it pass this moment without taking part in the decision: if the final outcome of this election is a disaster and you didn't vote you will be by sure felt so repented, since you and your family and friends all will affront the consequences in the long run.

We all have lived with a difficult past in the first decade of the XXI century, and I'm sure there is a lot of people so repented to never have voted or have done it in the wrong direction in the 2000 election. We affronted the terrible consequences that carried out for all of us, the first terrorist attack in American soil, two wars, a great recession, loss of credibility in the American financial and monetary system, devaluation of dollar as never before, increasing of the external debt as never before, and great emblematic companies of the country, General Motors and Chrysler filling bankruptcy.

There is a lot of worry around the world for the possibility that a great manipulator, a populist, a person that has lived practically his entire life bargaining, speculating, moving his money in the direction that only profits are, without any loyalty to entrepreneurs, to workers, to companies or to former associates, but just loyalty toward his own personal interests can arrive to the white house by using marketing strategies.

Here is one good example of what I am talking about:

www.abovetopsecret.com...

Is anything bad into just look for money? Well, when the idea is to abandon enterprises that were in the past working with us, firing workers that were in the past working for us, leaving at their own former associates, people that believed in us that moreover more over counted with our support, I think is something horrendous, is part of the moral illness that drove America to the Great recession, when the market was almost destroyed for speculators that were not wanting to create a better country for all of us, but a very private and reclusive paradise only for them, without any responsibility toward the nation that made them rich, without even willing to contribute with their taxes to the recovery of the strength of the Dollar.

Mitt Romney have spent years investing only when he knows by sure that there is no risk, and moving his money away when he smells that there is risk or hard work to do, or years to wait for results. That is not part of the genuine free enterprise spirit, neither with the American dream, when a person gives all his work, all his time, all the best of his abilities to move forward an idea, to create wealth were it was not before, not to look for the wealth somebody else have worked hardly before in a mere opportunistic way putting money at last moment to take part in profits.


It is true that Barack Obama is not a tycoon, is not a Mogul, but is a person that has worked so hard during the last four years, receiving the power in the worst possible scenario none President before get since Franklyn Roosevelt and with admirable courage has always defended the interest of the average people in this country. He could promote successfully a health care system reform that is giving access to more people to medical services of quality than never before in the History, and It was a difficult battle to win, with the opposition of the friends and allies of Mitt Romney in the Congress. He also appointed the stronger regulation of the financial, Stock and commodities markets since FDR, saving the country of to continue sliding downward to a Great depression. He has ended one war that never might be declared, which consequences were devastating for the American Economy also taking the lives of thousands of young Americans, and also has develop the plan that will end another war in the near future.


Thanks for the interest given to this thread,

Please vote, Please don't lose the chance to make your voice to be heard.

Thanks,

The angel of Lightness
edit on 11/6/2012 by The angel of light because: (no reason given)



posted on Nov, 8 2012 @ 06:08 PM
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reply to post by The angel of light
 

The Peace of God to all that belong to the light,
Dear readers,

Well, this so contested election is over, and although Romney proved to be a terrible opponent, he moved almost the same amount of popular votes than the President until 11pm of the Election's night, finally America took the right decision and for good, we can see the future with relative optimism although there is people insisting, for political reasons and personal economic interests to say that we are following the wrong path.

It is true that we are living in a risky moment in the world, that half of Europe is in a so strong recession that it is starting to be called depression, but if America maintains the route toward develop economic autonomy, to start to produce in its territory goods, to control the entrance of items from countries that don't import American products, and moreover if maintains a control over the public debt, and controling any wave of speculation in the markets chances are that the crisis will not affect us in the same way as the strongly privatised and non regulated European economies like Greece, Belgium, Spain, Portugal or Ireland.

Here the celebration of the Victory by Obama:
www.huffingtonpost.com...

Now, for the ones that came here to claim that I was unable to see at future who was going to win this election, here my thread of 4 years ago, claiming that Obama/Biden duet was going to have more than one term,also forecasting that end of this term was going to be difficult, extremly challening, with great national divisions but anyway he might be able to handle it:


www.abovetopsecret.com...

thanks,

The Angel of Lightness





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