Most Black folks don't play on Wall Street. So as the dow jones results scrolls across the screen- who really cares? It doesn't effect the hood when there is tension in stock market. What does effect the hood? Payday. That's all that really matters to most of us, since most of us are living from paycheck to paycheck.
As we speak, millions of Americans are holding on tightly to every dollar, hoping that the coming election will change the climate of the economy. The situation was dire from the time Bush entered office, but the doom was peeking from the time America decided War and the quest of Iraq's oil supply was more important than fixing the economy.
If you are one of the millions of people hoping for a President to fix America, perhaps you are also used to the sound of your own heart breaking. Presidents are only the ones that get the blame for policies and procedures that are already in the works.
But a President can indeed inspire us to do more for ourselves than previously.
The real truth is that we are the Government.
What's going on in America currently? As one commentator stated: "It's like the ghost of Saddam Hussein has cursed the very bloodline of currency and soul of American prosperity."
Perhaps that statement is very close to the truth, seeing that the act of killing Hussein also set a tone in world foreign affairs. We still get our oil from some of Hussein's best buddies. So is it a coincidence that the price at the pump rises and falls at their will?
Of course not everyone is "hurting" right now due to the American economy, just the important folks. While wealth does trickle down from the top, that wealth is gathering together through several different systems that earn the paycheck of the working class.
The important folks are the ones that spend their entire check on "things" without them, there is no economy- because if everyone held their money in banks, bonds and stocks like the wealthy and rich there would be no flow of currency so wealth couldn't build up in the first place.
Now in truth, it's impossible to "run out of money" on a collective level -that would be like running out of inches- because money isn't consumed like food it's past from person to person- system to system. If people are spending millions on things, then where is the money going? This could only mean that the places where money pools and populates is either being held up or re-directed into another foreign system.
The paycheck you've earned is the paycheck you can keep. So who is earning your paycheck?
The real President of America is the flow of currency, we vote every time we purchase a product or service. This is what determines what systems stay in place and what systems die.
America has a very strong dependency on "foreign" products and services. Actually America is in no place to bully anyone around the America and especially not India or China and especially not Japan. As other countries around the world are growing wiser, stronger and more economically independent like China is it a wonder that the American economy is growing more unstable?
To see the realities of such, and to do some deep investigation, let's look at the average working family. The average family in America earns under $40,000 a year. Less than 25% of that income is saved or invested- usually in a 401K, IRA or life insurance policy- a few mutual funds here and there. The paycheck of an average family is earned by Rent/Mortgage and bill collectors. The rent paid to a Landlord or bank goes towards the larger banking systems that inturn invest in America properties, policies -wars- and foreign trade.
Your bills, your phone, gas, electric, water, cell phone, cable/satellite - all of these companies in some way are outsources services to foreign countries like India. Sometimes that representative on the phone is on the other side of the planet. The servers that control the internet and cell phone providers- most of them are in Non-US locations.
The next paycheck earner down the line is food and clothing/personal and household items. Oil and the price of gas effects the rate by which food and clothing is bused throughout the metropolis empires of America. The price of food and clothing and materials is directly related to how these items are distributed. So the quality of America's foreign affairs also affects how fast and how much food goes into our bellies.
At the end of the day, or at the end of our pay- after Rent, bills, food, clothing and a few other items here and there- then we ourselves pay for transportation, education and entertainment- all of which still goes back into a system that is failing.
For most of us perhaps the economy hasn't shifted much. We are only affected by the price at the pump, the price of those items affected by oil. Some of us have stable 9-5 jobs in Corporate America that don't filch much because of what happens on Wall Street or your street. But for some workers,- overtime is no longer an option, hours are being cut back- because their employer has to deal with the growing rise in the cost of doing business.
As more and more companies feel the pinch, more and more companies will fold, only to preserve the wealth they have accumulated. This is the American way.
Just ask a local small Business person in your community, this is how we find out how things are really going, because if it affects the small business person it will affect everyone else since the spine of the American economy is small business. Ask the folks at the local flea markets and the those selling on the streets.
Now, since wealth trickles from the top- at any moment the Wealthy and Federal banking systems could declare a "state of emergency" among themselves and begin stimulating the economy by forgiving debt and cutting back on interest rates- at least doing enough to keep the beating heart of the economy beating at it's natural pace. They must do all they can without "frightening" investors in America and around the world. But since greed corrupts the logical mind, this is impossible. Those with power do all they can to keep it- period.
And even if they did that, that would only be a quick fix. Just as Enron fabricated it's earnings and success, for years America has been fabricating it's earnings and success as well- now other countries are wising up to the deception. "It looks like you need us more than we need you- Uncle Sam" these counties seem to be saying. America's desperate fight to control the world is now seen as a sign of weakness.
While America claims to have the strongest military on Earth, that military is held up by the working poor. And if the working poor have to stay in the military to earn money for their families, war itself will end up being their single act to bankrupt the American economy.
Is this the death of Capitalism and American prosperity? That would depend on the American working class. The earning of a paycheck is important to the flow of life, and as more and more people lose their jobs with no hope in sight, there seems to be only one alternative to the problem in which the US Government seems very ready and able to pursue.
As we speak, millions of Americans are holding on tightly to every dollar, hoping that the coming election will change the climate of the economy. The situation was dire from the time Bush entered office, but the doom was peeking from the time America decided War and the quest of Iraq's oil supply was more important than fixing the economy.
If you are one of the millions of people hoping for a President to fix America, perhaps you are also used to the sound of your own heart breaking. Presidents are only the ones that get the blame for policies and procedures that are already in the works.
But a President can indeed inspire us to do more for ourselves than previously.
The real truth is that we are the Government.
What's going on in America currently? As one commentator stated: "It's like the ghost of Saddam Hussein has cursed the very bloodline of currency and soul of American prosperity."
Perhaps that statement is very close to the truth, seeing that the act of killing Hussein also set a tone in world foreign affairs. We still get our oil from some of Hussein's best buddies. So is it a coincidence that the price at the pump rises and falls at their will?
Of course not everyone is "hurting" right now due to the American economy, just the important folks. While wealth does trickle down from the top, that wealth is gathering together through several different systems that earn the paycheck of the working class.
The important folks are the ones that spend their entire check on "things" without them, there is no economy- because if everyone held their money in banks, bonds and stocks like the wealthy and rich there would be no flow of currency so wealth couldn't build up in the first place.
Now in truth, it's impossible to "run out of money" on a collective level -that would be like running out of inches- because money isn't consumed like food it's past from person to person- system to system. If people are spending millions on things, then where is the money going? This could only mean that the places where money pools and populates is either being held up or re-directed into another foreign system.
The paycheck you've earned is the paycheck you can keep. So who is earning your paycheck?
The real President of America is the flow of currency, we vote every time we purchase a product or service. This is what determines what systems stay in place and what systems die.
America has a very strong dependency on "foreign" products and services. Actually America is in no place to bully anyone around the America and especially not India or China and especially not Japan. As other countries around the world are growing wiser, stronger and more economically independent like China is it a wonder that the American economy is growing more unstable?
To see the realities of such, and to do some deep investigation, let's look at the average working family. The average family in America earns under $40,000 a year. Less than 25% of that income is saved or invested- usually in a 401K, IRA or life insurance policy- a few mutual funds here and there. The paycheck of an average family is earned by Rent/Mortgage and bill collectors. The rent paid to a Landlord or bank goes towards the larger banking systems that inturn invest in America properties, policies -wars- and foreign trade.
Your bills, your phone, gas, electric, water, cell phone, cable/satellite - all of these companies in some way are outsources services to foreign countries like India. Sometimes that representative on the phone is on the other side of the planet. The servers that control the internet and cell phone providers- most of them are in Non-US locations.
The next paycheck earner down the line is food and clothing/personal and household items. Oil and the price of gas effects the rate by which food and clothing is bused throughout the metropolis empires of America. The price of food and clothing and materials is directly related to how these items are distributed. So the quality of America's foreign affairs also affects how fast and how much food goes into our bellies.
At the end of the day, or at the end of our pay- after Rent, bills, food, clothing and a few other items here and there- then we ourselves pay for transportation, education and entertainment- all of which still goes back into a system that is failing.
For most of us perhaps the economy hasn't shifted much. We are only affected by the price at the pump, the price of those items affected by oil. Some of us have stable 9-5 jobs in Corporate America that don't filch much because of what happens on Wall Street or your street. But for some workers,- overtime is no longer an option, hours are being cut back- because their employer has to deal with the growing rise in the cost of doing business.
As more and more companies feel the pinch, more and more companies will fold, only to preserve the wealth they have accumulated. This is the American way.
Just ask a local small Business person in your community, this is how we find out how things are really going, because if it affects the small business person it will affect everyone else since the spine of the American economy is small business. Ask the folks at the local flea markets and the those selling on the streets.
Now, since wealth trickles from the top- at any moment the Wealthy and Federal banking systems could declare a "state of emergency" among themselves and begin stimulating the economy by forgiving debt and cutting back on interest rates- at least doing enough to keep the beating heart of the economy beating at it's natural pace. They must do all they can without "frightening" investors in America and around the world. But since greed corrupts the logical mind, this is impossible. Those with power do all they can to keep it- period.
And even if they did that, that would only be a quick fix. Just as Enron fabricated it's earnings and success, for years America has been fabricating it's earnings and success as well- now other countries are wising up to the deception. "It looks like you need us more than we need you- Uncle Sam" these counties seem to be saying. America's desperate fight to control the world is now seen as a sign of weakness.
While America claims to have the strongest military on Earth, that military is held up by the working poor. And if the working poor have to stay in the military to earn money for their families, war itself will end up being their single act to bankrupt the American economy.
Is this the death of Capitalism and American prosperity? That would depend on the American working class. The earning of a paycheck is important to the flow of life, and as more and more people lose their jobs with no hope in sight, there seems to be only one alternative to the problem in which the US Government seems very ready and able to pursue.
