Words

The R word

Recession is now a fact. How do I know? Well, easy, the news media and the politicians are uttering it.

Some of us average uneducated folks have been uttering the word for months but now we know for a fact it is here because we saw it on the news.

Let's see, the amazing revelation didn't hit the news stands until after the Christmas shopping season - interesting the difference a month can make.

Greenspan, who had served under several presidents of both parties retired two years ago. Odd, don't you think? Like he retired to spend more time with his family. Give me a break, he knew it was coming.

So everyone wants to blame it on the housing crash which for sure is a large part. Yeah, people wanting to live the American dream of owning a house over-extended themselves to buy one.

Shame on them. No one before them ever did that.

Yeah right, I remember buying my first house in 1976 and then having lawn chairs for furniture, sheets as drapes covering the windows and buying a refrigerator at Sears on our credit card.

Times are always tight then when you buy a house and now is no different except now all you hear is how stupid everyone was. Yeah, stupid for wanting a part of the American dream.

The fact that this country has been in a war for 6 years, devalued the dollar, and has let big oil companies rape and pillage the American public so what little money was left over to live on after the house payment disappeared doesn't count.

Housing is one of the last things here in America that is not imported and the crash has a huge impact on employment, not just to build them but all of the other outside jobs created by them from engineers, consultants, sales people, landscape people, bank people mortgage people, appliances sales people, manufacturers and the list goes on.

Just visit any Home Depot and observe how many items go into a house to make it livable and you get the picture of how many people are either now or soon to be unemployed.


The U word

This, like R word, is late as well. The unemployed work force is very large and growing. I see the low figures they are advertising, but reality is those are not accurate and may not be for some time, but trust me that number is larger than you think!!!

The dominoes have started falling and the maze is a larger complex one, so as each domino hits it will touch a lot more before the last one falls.

Times are going to get worse before they get better, so be prepared when you see yourself, relatives, neighbors or friends affected.

It will be easy to say "people created their own problems," however in their zest of trying to realize the American dream they are not the only people you can blame for this recession.

I hear people say the Government should not bail anyone out , but I suggest to you the Government with their waste and mismanagement forced us into this situation and ultimately if they don't fix this, everyone working or not will be hurt.

One has to wonder if the uneducated man on the street could see this coming, why did the educated people miss it?

American people losing their homes and jobs while our dollar is worthless is a sad commentary on our life in these United States Of America.