Of The People By the People and For the People
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> Today we as a nation watch as our financial system melts down; we fail to remember that contrary to what is being said; the Republicans were voted out of office 2006 because of the economy was going belly up. And Now We have voted the foxes back into guarding the hen house.
> As wealth was flowing from the bottom to the top from an entire population of Americans who in one way or the other had borrowed or out right paid for Homes, goods and services, and medical care at an ever increasing cost while take home pay only fell due to loss of production of these goods and services by the earners in side our borders
> In the last few years our economy has come under siege and truths has been made evident; that wealth does not trickle down or flow down but in an established economy comes from the bottom up. When homes are not paid for, when jobs are lost, when this flow from the bottom is cut by the inability of the people to match the rising cost for even the basics. Food becomes more important than stuff including their homes. The people are the back bone of this nation not corporations. Critical mass has been reached by the debt of individuals (people). This has been brought about by the need for more capital, (money) and made possible by the mass marketing of Credit to a population with a lower and lower income.
>
> Today I listened to the discussions around the news channels of the ideas on how to get our economy breathing again. I feel the need to speak up and say what I feel. The senseless hubris on the part of our so called experts and leaders keeps them from the entire picture of this country and the world.
> The plain truth is, business of our country and the world strives to produce goods and services at lower and lower cost while these corporations cut the pay and the number of employees required to provided these things. Is this greed? The problem, the down side is that these same employees are the users of these goods and services and they either have lost their jobs now making a fraction in whatever employment that could be found and if the people managed to retain their jobs, the salaries paid fail to provide enough money to use the goods and services that are the fruits of their labor. Mortgages aren’t paid, tax revenues fall, credit accounts crash and the supply of money feeding from the bottom to the top ceased. So what does our government do? It feeds vast amounts of cash to these banks with the idea that some how the worthless paper held, that reflected the existing value of homes was separate from the people who could no longer pay for them. The rules still apply; some
> thing of value has to be held by a bank in exchange for money loaned.
> With out jobs with out money on a steady bases people can not afford Cars, TVs, new furniture, medical care, even clothes. With out jobs and jobs that pay a living wage banks will not loan money for any thing.
> One more thing; these people who have lost homes to foreclosure do not meet the credit requirements for a loan for a tooth brush or any thing else.
> We are a Government the Government of our nation. The Government is not some separate body it is us. When some politicians say that they are against big government the idea is to restrict the input to and isolate the people of the nation.
> To move back to a healthy economy we needed to see the problem. The root cause has been identified and employment with a living wage at the base of our economy who now number in the tens of millions is what is needed to start or nation’s engine once again.
> Michael Ferguson
>
>
> Today we as a nation watch as our financial system melts down; we fail to remember that contrary to what is being said; the Republicans were voted out of office 2006 because of the economy was going belly up. And Now We have voted the foxes back into guarding the hen house.
> As wealth was flowing from the bottom to the top from an entire population of Americans who in one way or the other had borrowed or out right paid for Homes, goods and services, and medical care at an ever increasing cost while take home pay only fell due to loss of production of these goods and services by the earners in side our borders
> In the last few years our economy has come under siege and truths has been made evident; that wealth does not trickle down or flow down but in an established economy comes from the bottom up. When homes are not paid for, when jobs are lost, when this flow from the bottom is cut by the inability of the people to match the rising cost for even the basics. Food becomes more important than stuff including their homes. The people are the back bone of this nation not corporations. Critical mass has been reached by the debt of individuals (people). This has been brought about by the need for more capital, (money) and made possible by the mass marketing of Credit to a population with a lower and lower income.
>
> Today I listened to the discussions around the news channels of the ideas on how to get our economy breathing again. I feel the need to speak up and say what I feel. The senseless hubris on the part of our so called experts and leaders keeps them from the entire picture of this country and the world.
> The plain truth is, business of our country and the world strives to produce goods and services at lower and lower cost while these corporations cut the pay and the number of employees required to provided these things. Is this greed? The problem, the down side is that these same employees are the users of these goods and services and they either have lost their jobs now making a fraction in whatever employment that could be found and if the people managed to retain their jobs, the salaries paid fail to provide enough money to use the goods and services that are the fruits of their labor. Mortgages aren’t paid, tax revenues fall, credit accounts crash and the supply of money feeding from the bottom to the top ceased. So what does our government do? It feeds vast amounts of cash to these banks with the idea that some how the worthless paper held, that reflected the existing value of homes was separate from the people who could no longer pay for them. The rules still apply; some
> thing of value has to be held by a bank in exchange for money loaned.
> With out jobs with out money on a steady bases people can not afford Cars, TVs, new furniture, medical care, even clothes. With out jobs and jobs that pay a living wage banks will not loan money for any thing.
> One more thing; these people who have lost homes to foreclosure do not meet the credit requirements for a loan for a tooth brush or any thing else.
> We are a Government the Government of our nation. The Government is not some separate body it is us. When some politicians say that they are against big government the idea is to restrict the input to and isolate the people of the nation.
> To move back to a healthy economy we needed to see the problem. The root cause has been identified and employment with a living wage at the base of our economy who now number in the tens of millions is what is needed to start or nation’s engine once again.
> Michael Ferguson
>
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