What will happen to our economy? What can Barack Obama really change the economic problems?
I looked at this link. http://news.yahoo.com/s/ap/20081108/ap_on_bi_ge/financial_meltdown appears the economy will get worse, and people lose their retirement / Pay cuts for verification. Think is going to be like the Great Depression. 10 million jobs lost in this moment, geez. Vehicle industry is in bad shape too. captialism is full of people taking to the poor, give to the rich. which are far from being socialist. Hopi prophecy foretold that this is part of the renewal process we move into 2012 – many natural disasters succeed, billions of lives were lost, more stress, tension, etc., all having to do with the destruction of selfishness, and people do not stay spiritually connected with the planet. the planet itself clean the wicked. Why not the bailout work? what? I do not understand the economic problems!
1) The loss of social security benefits may be that unemployment is so severe and prolonged that wouldnt be enough to pay for benefits for retirees of the working class. The only other alternative would be for governments to print more money to meet its commitments, it's not a pretty picture for the younger generation. 2) I it's scary to think that you will feel the severity of the Great Depression, but I think we will survive. And survived the last recession of the 80s, 90s and early 2000. And frankly, the Federal Reserve was created to prevent another great depression. Not that we can save for the worst, but have the important control monetary policy affects our livelihood. In these times, people always worry about the fall from heaven, but he never. 3) the premise of capitalism is that provides a basis for those who strive to succeed in having a better life for themselves. Capitalism works well when everyone plays the same game, which means everyone must be ready and able to work and try to win a better life. Capitalism is fair and equitable and nondiscriminatory. Many of the "poor" people have come him "rich." For those who are poor and choose to stay poor to capitalism, not the system for them. The most attractive to those who consider "Ineffective" in a capitalist system would be socialism or communism, because they are governed by the collective rather than being governed by them. 4) I can not understand how People still believe in different "prophecies" in particular those relating mass disastrous events. Just has to be fear. I remember those who thought the world would cease to exist late in the period 1999-2000 due to a computer problem? lol. We have to do and try to think for ourselves instead of listening others throwing the fear and lies as the Hopi prophecy stupid. 5) The financial rescue plan is not an overnight thing. I think it's wrong to look like a Savior, as a response to a disastrous situation. I think it's important to first begin to understand what exactly the "rescue" plan was before they allowed the: Government to approve the project. Just because they're together as a "bailout" must-have comprehensive plan does not mean that an appropriate solution. Liberalization credit markets is an important step in restoring stability to our economy, but must consider how the government chooses to do so.
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