On March 27 I published one post with the following name: It looks like the Titanic's History! The Economy
Everywhere outside the inner circles of Washington are talking about the economy is in recession, economists around the country are talking with data in hand and statistical methods and models, sustaining the economy is in recession.
But only the lurid government of George W Bush and his political puppets of both parties won’t to acknowledge this irrefutable reality.
One main principle in economy is the fact first and foremost recognize the crisis in the exactly magnitude where is it, with this data you can structure a plan capable to reverse this economics behaviors, otherwise any false analyze could worsened the crisis.
At this point here is is the majuscule irresponsibility of the government and the political statement of both parties, when they do not want to recognize the economy is in recession. As Germany did few weeks ago.
Now the National Bureau of Economic Research is recognizing the economy is in recession.
Yes the economy is in recession heading very fast to the worst depression ever, as a consequences of this stupid behaviors of not admit the reality and try to hidden the true of the crisis.
Nothing could be very worst than the lack of admit the realities in economic terms.
These entire politicians in charge are sinking this country in to the most catastrophic economic downturn; they are playing and buying time instead made structural correction to the economy.
They irresponsible bailout and send billion of inorganic and unproductive money to the markets.
All are accomplices of this charade of print inorganic money and send it to the market in the most regretfully method of bailing out institutions who are per se out of business.
Here is now the new reality, banks are failing, big manufactures are failing, small businesses are failing, the construction industry is failing long time ago,
Means, two of the biggest employers of this country are failing (Construction & Smalls business).
Yes, if you think the automakers or the business associates with the markets are the biggest employers you are dead wrong and this is exactly this politician of the status want to sell in order to continue putting inorganic money at the expense of the taxpayer.
These actions now are compromising at least the next two generation of Americans and they are going to pay huge for this government irresponsibility.
No one can assume this crisis is going to be resolved by any means in the next ten or fifteen years if “only if” the next administration took the necessary structural steps of corrections.
In terms of UNDO this economic crisis: “the fail of one year represent 10 years of setting back”
With this equation, President Elect Barack Obama has to deal. He has no choice! And there are not excuses about the world are in crisis or so on.
Yes, the world is in crisis, and this crisis is the failure of this ECONOMIC MODEL.
The new realignment if underway, now depend of each government how to handle the situation to prevail or to fail.
Percy H Florez
The list serve of many Hispanic groups in the Barack Obama web site is flooding profusely in message about this MARCH!
The organizer has nothing to say about it.
Suspicious:
I just am wondering why suddenly too many born American citizen are behind this March and are pushing our community to do so.
The answer for many Hispanic people in this group is prudence and organization before doing something like that. 85 percent or more of the participants in this discussion are Hispanic people talking and pressing for measure and organization, the others (few) are in favor of the MARCH and these unknowns born American citizens are vehemently pushing for the MARCH against BARACK OBAMA.
My questions are:
Why this MARCH on day ONE?
Why this fellow Americans are very interesting in this action against Obama?
Why they are pushing our community to do something like that on day ONE?
Who they are?
Why this March against a government who don’t address the immigration issue at this time and the Hispanic community don’t know exactly wish one is the real position of the new administration?
Why the RUSH of this organizer for this so called “LA MARCHA”
Who’s behind scene?
It’s something planned by the groups anti immigrants like the MINUTEMAN group?
Or it’s something planned by THE REPUBLICANS?
After all the only beneficiary of the negative consequences of this extemporary pressure against the new administration in our community could be the Republican Party and the anti immigrants groups, like the MINUTEMAN!
Percy H Florez
Senor
Tito Munoz
Donde carajo Usted vive!
Es que Usted esta viviendo en otro mundo, o que es lo que le pasa?
Es que Usted esta ciego oh perdone esto, pero cuanto le ha pagado la campana de McCain para salir a la luz publica?
Es que usted no ve como esta nuestra comunidad sufriendo por los atropellos de George W Bush y la desgarciada administracion economica del gobierno republicano?
Baje a la tierra y viva la realidad y no se convierta en una marioneta mas de la maquinaria politica de John McCain.
Mr.:
Tito Munoz
Where the heck are you living!
Did you living in another world or what happen with you?
Are you blind? Pardon me for these words, but how much the McCain campaign is paying you to appear in his / her meetings and spoke in behalf our community?
Did you see how much are suffering our members thanks to George Bush's and this disgracefully economic administration of him and the Republican Party?
Come to the earth sir, live in reality and do not become another puppet of the political machinery of John McCain.
Percy H Florez
Well I don want to pass as a presumptuous but I just wondering about it.
First at all I like to define myself as some one who don’t impress about curriculum's, titles and anything else.
Also I don believe in the past more than the present and I don’t pay tribute to any King and Queens.
I stronger believe in principles, loyalties and honor.
My question to McCain is:
Where is the weapons’ of mass destruction in Iraq?
Did you think and militarily spoken this war in Iraq it is the right stratagem to capture or kill Osama Bin Laden?
Please send this question as many times as you can to John McCain!
Percy H Florez
Sorry for her, but looks like Mrs. Palin brain is to tiny to understand the relation between what an adult like her can do and a eight years old boy can do.
Mean wile at her 40s, she is the puppet of George W Bush and John McCain.
Percy H Florez
Percy H Florez
Nancy Pelosi legacy:
NO STOP THE WAR IN IRAQ!
NO GEORGE BUSH AND DICK CHENEY IMPEACHMENT!
YES TO THE BAILOUT (700 hundred billions to the fraudulent banker's)
Percy H Florez
They said:
If the bailout does not pass the people are going to loose the money in his bank accounts.
FALSE: THEY ARE INSURED BY THE FDIC (Federal Deposit Insurance Corporation)
If the bailout does not pass is the end of the world, it’s a financial catastrophe.
FALSE: nothing like that is going to happen because this crisis is a failure of CORRUPTED financial institutions and they are small in number compare with those who are playing by the rules.
If the bailout does not pass the economy are going to sink in to a deep recession.
FALSE: This is another argument they use to hidden the real true and scare the people in “MAIN STREET”. This economy of this country is “IN CONTRACTION STATUS”, this means the power of acquired good for the people every day is less than before. This could be corrected with a good and strong policies reinforcing the INCOME of every American and reinforcing this sectors of the economy that are capable to generate more employment. A good example could be investing this 700 billion in infrastructure around the nation.
If this bailout does not pass you can not get loans to buy house, cars and you can loose your credit card.
FALSE: One of the main problems of this crisis is THE ABUSE and the BAD USE of the credit. They buy houses they couldn’t afford to pay. They buy cars they couldn’t afford to pay. They misused his / her credit card and they couldn’t afford to pay. All this happen for the ambition and mismanaged of the CEOs of this corrupted bankers or institutions.
So what kind of bailout (CORRECTION) would be this, if this money go again to the market with the same purpose as is the mantra of the government and the lawmakers who are supporting this legislation.
Moreover if you want a loan and have a good credit and you can afford and pay your debts do so, but if not, don’t do it!
If this bailout does not pass the entirely banking system are going to crash and people in Main St., are going to suffer for a lot!
FALSE: As I said before, this particular crisis can be solving by the market as is. In this country there are very serious banking institutions that are capable to absorb the failure of the others in a very intelligent manner without compromising his capital.
Bank of America, JP Morgan and other banks are a good example and they will be very happy receiving those people looking loans for homes, cars, boats and credit cards!, working people who are capable and can afford to pay on time his bills.
These bailouts has to pass, to secure more liquidity to the banking systems buying his negative assets and generate the reactivation of the economy, them people in Main St., can get more loans of any kind.
FALSE: The economy of this country is IN CONTRACTION STATUS, people can afford pay his bill because the power of the dollar is less than before. Essentially this MODEL can’t afford print more dollars with the deficit the country had. Actually the difference between this country and countries around the world less wealthy is his ability to PRINT MONEY. This NEGATIVE economic behavior is the main concern of economists around the world. I have no doubt Mr. Paulson and Mr. Bernanke know very well about it, but they prefer to buy time instead to try and get the right solution for this crisis.
If this bailout does not pass the economy could be worsened
TRUE: The economy will be worsened but not because the bailout could be pass or not. The economy is in a bad shape and the solution has to come with a structural correction of the deficit and a best economic practice with the conscientious study of the factors that are generating this contraction in the economy and come up with good, reliable and stable economic practice solutions.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE"
Percy H Florez
If this bailout does not pass the economy could be worsened
TRUE: The economy will be worsened but not because the bailout could be pass or not. The economy is in a bad shape and the solution has to come with a structural correction of the deficit and a best economic practice with the conscientious study of the factors that are generating this contraction in the economy and come up with good, reliable and stable economic practice solutions.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
These bailouts has to pass, to secure more liquidity to the banking systems buying his negative assets and generate the reactivation of the economy, them people in Main St., can get more loans of any kind.
FALSE: The economy of this country is IN CONTRACTION STATUS, people can afford pay his bill because the power of the dollar is less than before. Essentially this MODEL can’t afford print more dollars with the deficit the country had. Actually the difference between this country and countries around the world less wealthy is his ability to PRINT MONEY. This NEGATIVE economic behavior is the main concern of economists around the world. I have no doubt Mr. Paulson and Mr. Bernanke know very well about it, but they prefer to buy time instead to try and get the right solution for this crisis.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
If this bailout does not pass the entirely banking system are going to crash and people in Main St., are going to suffer for a lot!
FALSE: As I said before, this particular crisis can be solving by the market as is. In this country there are very serous banking institutions that are capable to absorb the failure of the others in a very intelligent manner without compromising his capital. Bank of America, JP Morgan, and other banks who are trembled with this financial crisis, they would be very happy good people come to his office requesting loans for homes, cars, boat and credit cards!, the only concern is that they want people who are capable and can afford to pay his loans.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
If the bailout does not pass the economy are going to sink in to a deep recession.
FALSE: This is another argument they use to hidden the real true and scare the people in “MAIN STREET”. This economy of this country is “IN CONTRACTION STATUS”, this means the power of acquired good for the people every day is less than before. This could be corrected with a good and strong policies reinforcing the INCOME of every American and reinforcing this sectors of the economy that are capable to generate more employment. A good example could be investing this 700 billion in infrastructure around the nation.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE" Percy H Florez
If the bailout does not pass is the end of the world, it’s a financial catastrophe.
FALSE: nothing like that is going to happen because this crisis is a failure of CORRUPTED financial institutions and they are small in number compare with those who are playing by the rules.
People must remember this on November 4 and remove this politician with the "POWER OF THE VOTE"
Percy H Florez
They said:
If the bailout does not pass the people are going to loose the money in his bank accounts.
FALSE: THEY ARE INSURED BY THE FDIC (Federal Deposit Insurance Corporation)
People must remember this on November 4 and remove this politicians with the "POWER OF THE VOTE"
Percy H Florez
Percy H Florez
If change come to Washington is because or an African-American could be the president or because a woman could be the vice-president.
That's it!
Percy H Florez
During his financial crisis they don’t have any proximity to have 700 billion dollars only few millions dollars to handle the pain.
They have probably less than 100 millions.
During his crisis they handle well without this bulk of money, they never compromise his own capital. As a today some of this countries live now with problems but better than ever. Actually his market does not suffer and have not concern about this international crisis. Some export capital and have a lot of investments in other counties of the region.
The point is, no one this politician said right here about the consequences of NO Bailout this fraudulent bank is so painful than they try to terrorize the population of this country.
This is only part of the brutal campaign of terrorism this President has against the taxpayer to obtain whatever he wants as he did with the illegal invasion of Iraq.
No one have the rights to institutionalize the corruption!
These countries of my history in this post now have strong banks and are growing fast.
Why? They learn the lesson!
Percy H Florez
I really hope lawmaker listen the people, I hope measure come up!
It’s very important to be clear that your right end where the right of the others begun, in that way if are your going to protest, do it, it’s your right, but does it respectfully of the law and order.
Percy H Florez
This is a very important decision and the people of this country can make the difference in November 4.
"THEY CAN BE AND SHOULD BE REMOVED with THE POWER OF THE VOTE"
Percy H Florez
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