Wednesday, August 27, 2008

Wed, August 27th- Talk of Depression

Over the past couple months, the issue has come up in our Tuesday am meetings from Robert regarding the "coming depression". I've spent quiet a bit of time looking into this possibility outside the RD Company. Robert (this past Tuesday am), brought up the idea that there are two types of depression- Economic Depression relating to the economy and Depression in terms of how an individual is mentally, spiritually and emotionally. Robert stated that there are a lot of people falling into the latter category RIGHT NOW with the job losses/homes being lost through foreclosure, etc (even though we aren't in a depression but a recession).
A recent Time Magazine poll stated that 78% of Americans would give up some of their income for more security. I'm guessing that some of those people are baby boomers without enough retirement and want the government to save them.
The more the government prints money and bails out these failing banks, the more inflation we are going to see and the standard of living continue to slip for the middle class. Thus sinking towards depression. It's time for Americans to get a clue on this world reserve fiat currency we use- the US Dollar and the potential disaster that lies ahead. These two presidential candidates are a JOKE and cannot fix this US currency problem. There's really only one political party in America but two ineffective factions of that one party- Democrats and Republicans.
Personally, I'm not voting in a presidential election again until the following two things happen:
1. A strong leader who will put the United States BACK on the Gold Standard (the US has been off the gold standard since 1971)
and (off topic here)
2. A new investigation is opened up on the September 11, 2001 attacks on the World Trade Center and the Pentagon as this event is the clusterfuck of the 21st century and the fact that most people buy the "official" story is as pathetic as OJ Simpson being found not guilty. I strongly recommend that all of you look at the other points of view on this. (more on this to come)
For now, I am beginning to prepare for a potential economic depression. Even if it doesn't happen, it's better to be prepared then not.

3 comments:

Anonymous said...

Bob, nice post. I am new here and have a ton to learn but am excited to do so in the near future. I do see a lot of depressed people walking around and wonder why they do not focus their energy on educated themselves rather than accepting the current financial state they are in. As far as 9/11, you and I could sit and talk about that forever it sounds like.

Jabber said...

Like you, I agree the two presidential candidates can't do anything but promise what they are going to try to do so that hopefully the economy rights itself...pointless. I was watching the RNC and their chants of U.S.A. turned to a drone and ended up sounding like DRINK THE KOOLAID. I didn't watch the DNC but I'm guessing it sounded the same there too.

1. Not going to happen.

2. I believe one plane taking down one of the WTC towers would have sufficed to sucker us into these wars. Was the 2nd tower, pentagon, and PA insurance to make sure the public took the terrorist bit hook, line, and sinker?

Good post.

Bob said...

Thanks for the comments. Keep them coming. Hardcore events are going on in the background that the corporate controlled mainstream media won't dare tell you about.... amazing....