Saturday October 17, 2009, 8:00 pm
According to the Treasury Secretary - who didn't pay his back taxes until he got his current job - America must be careful how money is spent if the dollar is to remain solvent.

I wonder - how many of us, the answer to the question "where can I buy it?" is Wal-Mart. Is anything made in America anymore?

What can we do? We could invest in things that will improve our economy, such as solar energy, which reduces our imports. That was supposed to be the purpose of the Stimulus Bill. Time will tell if it was just another "briidge to nowhere', albiet on a much grandeur scale of waste.

By all means, take matters into your own hands and do whatever it takes to become solvent. I added attic insulation and installed UV reflective/wind protection on my windows, which reduces my energy bill.

Saturday October 17, 2009, 9:25 pm
That may come about once the dollar collapses and the Amero replaces it, but don't expect it to turn around until then. There are also rumors that the world bank will issue its own currency and that currency will replace the dollar as the world trading currency. There may even be some consideration being given to some countries adopting the new world bank currency as their own and doing away with their national currency altogether. The more countries they get to do this the closer they will be to their goal of establishing the New World Order.

The decline of the United States began in the Reagan presidency. The first step was the busting of the Air Traffic Controllers' Union. That was the signal to business that it no longer had to deal fairly with their employees. Next came NAFTA which opened the door for business to move their factories out of the US without penalty, but it was still somewhat limited until the WTO came into effect and when that happened the flood gates for businesses to exit the US were flung wide open. The fewer jobs available meant employers didn't have to continue paying their employees a fair wage and could keep more of the profits for themselves because there were so many people looking for work they would undercut the other guy just so they would have a job. Another reason for the decline in the standard of living in the US was the switch from manufacturing jobs to lower paying service sector jobs. The financial industry began switching from big loans to big manufacturers that had once operated in the US to smaller loans in the housing industry in order to keep their profits up, but they had to do a lot of creative financing to get the volume up to make those profits. Interest rates were artificially keep low to feed this frenzy which ultimately lead to the collapse of the US economy and the economies of the rest of the world because world trade is conducted in US Dollars.

Everyone is being fooled into thinking the economy is at the turning point and will begin getting better, but job loses, though declining, are still increasing and the most worrisome of the signs things are not getting better is the last auction of US Treasury Notes. NO Body was placing any bids. None, none at all. The two big bidders in the past, Saudi Arabia and China were not interested in adding to the huge amounts of Treasury Notes they were already stuck with. Exactly how trade with China will play out when the US declares bankruptcy is a question yet to be answered. We may not have to worry about reducing our foreign oil imports because the Saudis may cut us off when the dollar becomes completely worthless.

Can we the people live within our means? We the people have already begun moving in that direction. Our government on the other hand is spending money like there is no tomorrow. What do they know that we the people don't know?