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The Regular Guy View on Bad Global Economics

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Message Roger Pool

 

I have a special expletive for the liars that claimed everything was going great and that globalization and specifically outsourcing was such a great thing for regular Americans. They claimed to have created more jobs and the dismal state we found ourselves in was simply our stupidity of not understanding reality.

 

The reality was these large companies took our 100,000 a year IT development jobs, converted them to two $12,000 a year jobs overseas and two testing jobs at $20,000 a year job here at home. From the companies perspective it was a great trade in that they saved about $36,000 a year for four times the labor. That is great for them but tell me again why I should be excited about losing $80,000 of my income?

 

Another thing and this is directed to Mr. Bush specifically: STOP SAYING THAT AMERICANS DO NOT WANT THE JOBS THAT ONLY MEXICAN IMMIGRANTS WILL DO! That is a lie and a deliberate self-serving misrepresentation!

 

THE ACTUAL TRUTH IS THAT REGULAR AMERICANS ARE UNABLE TO TAKE THOSE JOBS BECAUSE THEY HAVE BEEN SADDLED WITH THE BURDEN OF AN OVERPRICED AND INFLATED COST OF LIVING EXPENSE THAT THEY ARE BEING FORCED, UNDER THREAT OF ABJECT POVERTY, TO HONOR!

 

Until idiots like Greenspan, Bernanke, WMF, IMF, UN, Congress and our President recognize the position they force people into in this country then we are going to suffer. If they are surprised that the economy is tanking then they are incompetent and if they are not surprised then they are intentionally impoverishing Americans and this a crime and that is us that demands revolts as soon as possible.

 

Bernanke is asking banks to re-write loans for the first time in history. Rather then rewrite loans they should just cover the difference between reasonable housing prices and the inflated housing prices. Why is that fair? It is fair because they themselves created the problem in the first place.

 

I think it is funny that homeowners in America do not recognize the power they have. People have been living in their houses for over a year and have not paid their mortgage. The bank has not proceeded with the foreclosure because they don’t want to dump even more houses on the market because they would lose their shirt. Better them then us.

 

I say what is good for those homeowners, is good for us all. If all homeowners stopped paying their mortgages then the banks would be forced to play “let’s make a deal”. I think it is time for banks and big business to experience what regular people in this country have been dealing with for a long time. They need to know what it feels like to be forced to live with less and work harder to survive. I think it is time for us to leave them with the same options they leave us. Pay or be destitute!

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