People blame Obama for the continuous see sawing the economy seems to be experiencing. Yes, as commander and chief, he has a responsibility to Americas government and body politic… But so does the rest of the governmental constituency.
Fiscal responsibility is paramount. While everything being privatized is a pristine ideal, there are many facets of every day living we take for granted such as roads, police, etc.
However, while we can never completely be rid of socialized institutions, we can rid ourselves of the ones that diminish the integrity of our economy. You had might as well put five hundred dollars in a CD for forty years as that will more than likely be worth more than you’ll collect from SS.
But socialized institutions and irresponsible spending isn’t exactly what has economists teetering and tottering. Privately owned financial institutions, such as the Federal Reserve, should not have any right to the mint. We print more money, and must continue to borrow from the FR or a global bank at HIGH interest. It is, however, the governments fault for vesting such unbridled faith in a privatized banking system. America needs to break from the strongholds of such self serving systems. While I commend the FR’s ability to have a monopoly over lent monies and minting ACTUAL federal monies, I detest that “we” continue to use their services. I understand that breaking age old shackles and manacles will be difficult, but “we” have to bloody start the motion and aid to continue its momentum. JFK’s 11110 was a shot in the dark towered the right direction. We need more visionaries like him.
Post Script- I’m not much of a fan of Obama, but I do consider him fair minded. I pray that my faith in his fair-mindedness is not betrayed.
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