posted on Jan, 11 2010 @ 07:20 PM
reply to post by RedGolem
People don't have jobs, and thats a fact. The real unemployment is more like 18%, but the govt. skews those numbers in order to keep it low (and if
the best they can do in skewing the numbers is around 10%, then we are in serious trouble). This year is going to be the year of major pain, because
inflation (which has already reared it's head in food) will come on like gangbusters. We have essentially kept interest rates at zero because if not
then the implosion would have happened much sooner than later. There is no way that the US govt. can keep promises that they made in much of our
future or near future liabilities (SS, Medicare, Pensions both state and federal etc. etc.). You know this because another trial ballon was flown
last friday where they where trying to get the SEC and Fed to make it mandatory that part of your 401k be put in Annuities. Back in 08 a commitee
talked about putting peoples 401k's into the Social Security. Why would they be saying such things.
It's because they don't have the money for these obligations and are trying through hook or crook to steal it from you. The US is broke and the
people who are part of this country are out of money also and in debt. This society is a consumption one (70%), when we stop consuming it effects
everyone and everything. People lose jobs, people get on foodstamps and people get desperate. We are in the first stages of a depression people, and
the powers that be know it.