that’s the best post I’ve seen!

http://www.businessinsider.com/henry-blodget-coming-soon-the-alt-a-mortgage-reset-bomb-2009-8

read the article, it is a good read if you care about what’s going on in real estate (article is not that long as well but with good graphs).

the first wave of foreclosures were the sub-prime mortgages, this coming wave are the houses bought by people with good credit, had a good downpayment, etc. when this blows up, the effect would be bigger compared to the sub-prime meltdown since those people who would lose their houses are those who were among the “responsible” mortgage buyers. if that group of folks lose their homes, it means that they’ve lost their income, it means that they are the real middle class folks who are now feeling the pinch of the economic crisis. since this is only happening now, this means that the economy haven’t found its bottom yet!

the system has been out of whack for decades and have cause the dollar index to decline from 125 in 1985 to the current 78. that is a massive 37.6 decrease in buying power for the dollar and all that time, the trade deficit kept increasing.

that should read 37.6%

for those who don’t know, Greenspan changed the CPI formula in line with his famous “the price of filet mignon can be replaced by the price of hamburger to reflect inflation in meat”. that change in formula place the CPI calculations into the twilight zone and enabled the government to keep interest rates low and thus keep the dollar weak in an attempt to boost exports. what occured was massive losses in the dollars spending power, dwindling increases in income, while the manufacturing base kept shrinking. the weak dollar policies never helped the manufacturing base since it never gave US businesses the real help it needed – low taxes and real competitive atmosphere in global trade. weak dollar policies reduced the buying power of the dollar while the US kept importing goods from overseas manufacturing – end result of this equation is an increasing transfer of wealth to foreign producers.

don’t be fooled by any of the economic numbers that the government has been putting out. those numbers had never been accurate since Greenspan took over the FED chairmanship and until some brave soul, may it be in Congress, or the FED, admit to the discrepancy we will continue to see low inflation and low to non-existant COLA increases which in turn would suck the life out of any retail sales increase that could boost this economy.

the system has been out of whack for decades and have cause the dollar index to decline from 125 in 1985 to the current 78. that is a massive 37.6 decrease in buying power for the dollar and all that time, the trade deficit kept increasing. the lack of buying power literally sucked the wealth out of this country since we kept buying foreign goods at ever increasing prices and the FED kept devaluing the dollar in a failed attempt to induce exports which has never worked.

one would think that a failed policy that’s kept the economy in chaos would be stopped in earnest yet at this current financial crisis, the same failed policy is being implemented tenfold!

what would happen if the dollar loses another 40 to 50% of its buying power while our manufacturing base is kept in a weakened state, or worse, get slapped with an even higher increase in taxes? that would be the end of our economy. hyperinflation without any increase in income is a death knell to a sales driven economy. this is going to happen starting middle of 2010. are you all ready for it?

China has a 15% business tax, the US has a 35% business tax. then people wonder why manufacturing is moving to China.

many want to demonize businesses in the US as greedy. one only needs to look at the disparity in taxes and see that our businesses have been weakened and continually to be weakened by unfair tax policies and regulation compared to other countries.

level the playing field and stop weakening the dollar. do that and we might come out of this crisis stronger. failure to do so and we’ll continually transfer massive wealth to countries like China and India in the next 20 to 50 years.

BARF,even seeing MSNBC makes me want to BARF myself to death !can not and will not watch the liar scum bag dogs.

You need to see this ! And now very inportant that you do.

http://mobsrus.ning.com/forum/topics/glenn-beckplease-watch

and this

Jennifer Rubin Reports with Michael Steele: Don’t Believe The Hype, The Public Option isn’t Dead

http://www.pjtv.com/v/2348

MSNBC & The Great Liberal Narrative: The Truth About The Tyranny of Political Correctness

http://www.pjtv.com/v/2343

And this This is a wooper “A MUST SEE ” oH HOW msnbc STILL CONTINUE PLAYING THEIR NASTY GAMES TO HOLD THE AFRICAN AMERICAN at bay with them. Now watch as we all saw how MSNBC-NBC -played their game during the election but, wait they really went to far and you will see..just watch. This African American is sueing MSNBC for what they had done. People are jumping democrat-msnbc-obama ship at a fast rate.But, at that tea party there wer many African Americas who are standing with “We The People ” to fight against the health bill and gun rights.MSNBC will play anything as the race game by useing the African Americans in their agenda.but many have now awoke and will not be held at bay with the wrong msnbc did-the wrong with what Obama lied and lied now they see he is nothing more then a Liar- The wrong MSNBC did in playing a race against the other. we stand no more. it’s we the people who will stand together MSNBC NBC MSN AND FIGHT YOUR LIES. We are free and our freedom is not your to take from any of “we The People” It’s not your choice to take over our health providers or insurance to throw us into the government control pile… NO THANKS !
VOTE ALL THE BUMS OUT SHUT MSNBC DOWN !

MSNBC & The Great Liberal Narrative: The Truth About The Tyranny of Political Correctness

http://www.pjtv.com/v/2343

I will never ever watch MSNBC-NBC-CNN-ABC-CBS-THE VIEW-TODAY SHOW-HARDBALL -CHRIS MATTHEWS SHOW-RICKY LAKE-OPRAH any of those U.S.A treaders and of the people of America. I will not allow them into my home ! I don’t care what they have to say..anything comes from their mouths is nothing but mind controling lies..They make me sick ! I stoped watch as of May 31, 2008 and do not plan to go back Ever.I even will not watch their networds as 20/20-dateline-nightly news for the fact is msnbc-nbc-msn network.

Since I doubt you would volunteer for the military. When you get older hopefully the govt will dish out to you what you want to dish out to others.

Thanks for sharing your story Roger. Words just don’t do justice….sigh.

Anyway, you might want to try manuka honey. Hopitals have been using the honey to fight MRSA and close long term wounds when conventional treatments didn’t work. So this isn’t just a stranger telling you it works there is medical data to support it.

In the case of GERD, etc. It helps by killing off the bad bacteria and leaving the good within the stomach. As well as coating the esophagus so it can heal.

This site below is expensive so you could probably find the honey cheaper in your local health food store or on Amazon. But it has a lot of information that is helpful on how to use the honey, along with photos, and some testimonials about healing different probelms to the point that people have stopped taking their medications. So poking around the site might give you a better idea of what it does. Be careful viewing the photo section some are stomach turning.

http://www.manukahoneyusa.com/gerd.htm

They recommend you eat a spoonful a half hour to an hour before each meal. And another spoonful at night before you go to bed. If needed you can place the honey on a cracker or a piece of bread, so it stays in the stomach longer. It is up to you and what feels best. Also it is important to get an active or UMF 16 rated honey to fight your GERD.

http://www.amazon.com/Wedderspoon-Organic-Manuka-Active-17-6-Ounce/dp/B000VK08OC/ref=sr_1_1?ie=UTF8&s=hpc&qid=1251358822&sr=8-1

The link upbove is the best price I have found. If you sign up for an automatic delivery there is free shipping and it is $24.52/jar. Maybe Bronwyn could help set this up if your local health food store doesn’t carry the honey.

Hope this helps.