Showing posts with label fraud. Show all posts
Showing posts with label fraud. Show all posts

Monday, September 22, 2008

The GOOD INTENTIONS may Deliver Mal-Intent Outcomes

Here is a quote from the article "Mad as hell- taxpayers lash out":

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And Surfta from Brooklyn, N.Y., says the government action is really not a bailout at all.

"It's NOT a bailout. The government is not handing out cash, they actually stand to make a great deal of money out of this, which will trickle down to YOU. First priority should be to try to control and fix the problem, then regulate sufficiently to make sure this NEVER happens again."

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The problem with this thinking that I quoted above is that America has no conscience. It would be wonderful if everyone played by the same rules. The reality is that people by nature are greedy, self-interest, I'll cheat if I cannot get caught.

I recall the Katrina incident when the US government gave away $2000.00 via an ATM card to the disaster victims. There were people who fed off the government and "FREE" loaded on the money and many received this aid that did not deserve it. Money was being stolen and no one knew where it had gone? Yup! No one knew where the money had gone...

This is the problem with "bailouts"; it may have good intentions but it may deliver mal-intent outcomes. There are many affected by this government "bailout" - I believe it can create a problem with the "I don't care mentality" which leads to civil unrest, more dishonesty in the financial markets, and the masses having the "I'll cheat the government, if they are going to have the welfare mentality for the rich" There is one thing to attempt to help the poor and needy with entitlements, but when you help the rich, the unfair advantage is disastrous to the economy mentality of the whole.

All I can say about this is, watch out for lawlessness among certain segments of society as the rise in the commodities and retail sectors begin to surface. The entire problem with this whole system is that the money is no longer backed by gold NOR is the inscription "In God We Trust" have any meaning. I cannot believe that a good name such as God would allow his name to be dishonored!

Like any honest businessman, when the risk is too high and fraud is part of the equation, the honest businessman will hold back the lending. Well, I believe that God will begin, if he hasn't done it already, to correct the right of the wrong from the misuse of the inscription "In God We Trust".

It is all well and good but a just God cannot stand to see his good name be dishonored! So, once again, the good intentions of the US government may deliever mal-intent outcomes yet to be seen on the surface but will already begin to poison the financial and social foundation of this nation we call, "America the Beautiful"!!!

Tuesday, September 9, 2008

Tough Times in the World's BEST Country

I haven't written a long time, almost a month. But, I see what is going on. I am very busy with the Proposition 8 campaign to preserve traditional marriage. Why? Because traditional families is the battle ground for the future of a strong, healthy, and safe America. Alex Tocqueville wrote in Democracy in America, "When America ceases to be good, America will cease to be great!"

Now, back to my topic of "Tough Times in the World's BEST Country". I just read that the unemployment fund is being depleted and the Federal government (AGAIN!!!) will have to bail out the states. We haven't even begun to pay out the Baby Boomers on their retirement benefits and we are already having stresses that are like migraine headaches.

That's all I have at this time. I have run out of time to make an extensive comment. But the economy is in the tank and blame it on dishonesty, government mismanagement, and the greed of the consumer economy. We will pay as an America people with civil unrest that will have people going into a panic and doing things that will surface similar to the LA riots.

It is said that the few have ruined it for the masses. The word is "bailouts, bailouts, bailouts" and easy credit with a dishonest paper trading system that will implode.

Who needs military enemies when a country doesn't have money? The money is the problem. But, we can get out of this mess if America can be more honest, hard working, unwise and its people can humble, and the greedy few, and the dishonest few will have to sought out and prosecuted - we might make with a possible tummy ache.

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