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How did this country get so screwed up?
I'm talking about America and yes it is severely screwed up. Everyone is just caught up in their own little lives and don't actually pay attention to what is really happening, it is like we are all sheep being led to the slaughter so the owners can do their business and get their money. I'm asking how did this happen!?!
10 Answers
- Christine BLv 61 decade agoFavorite Answer
Greedy and inept politicians screwed up our country and these are the same miracle workers who are going to fix it. Huh!!
I don't feel like a sheep at all. i didn't vote for our new king, I don't approve of this stimulus package, I don't like any of what is going on.
I write to king BO and Pelosi every week and call my own representatives. Other than travel to Washington DC and sleep on the White House lawn I don't know what else to do.
- rememberthecoleLv 61 decade ago
1. During the Great Depression people expect the government to do something. It did. It started the USA on the way to being a welfare state. Roosevelt (D) took the USA off the Gold Standard, devalued the dollar almost 50% (Remember the 20 dollar gold piece? It was one ounce of gold. When Roosevelt pulled in all the gold, the price was set at $35 per ounce. It cut the US debt to foreign nations by almost 50%, making things worse for them. ) He then used the gold at the devalued rate to pay off the foreign bills.
#2. Things went OK after WW II as we had to balance the budget. Remember, even though we were off the Gold Standard, we still backed up our money with Silver. Remember the old Silver Certificates? But the Democrats wanted to spend more money so the solution was simple.
#3. The Democrats under Johnson took the USA off the silver standard in 1964 so our money had no backing. So they could spend as much as they wanted and never have to "pay the bill." Deficit spending became the norm in Washington DC starting in 1964.
#4. The assumption was that any debt (deficit) they ran up would be paid off in the future with higher taxes from a growing nation and inflation. But all that inflated was the deficit. The government got to the point that it could not operate on a balanced budget.
#5. Not content with deficit spending in Washington, the Democrats under Carter and Clinton forced Fannie and Freddie and the other home loan lenders to give loans to people who simply could not afford them. To get these people into homes they gave them "deals" such as no money down, no closing costs, no points and an adjustable rate mortgage. The people acted just like the feds, assuming in the future they would make more money and be able to afford the house. Or they assumed inflation in the home value would allow them to sell in the future and make some money. They like the feds were wrong.
#6. The USA has for so many years run on deficit/debt spending that now the bills are coming due. But instead of biting the bullet now and suffering a moderate recession, Obama and gang are doing the same thing as in the past, deficit spending. They do not realize they have been running a Ponzi scam. The only thing that is saving us today is that foreign nations are still willing to fund our debt. But because Obama and gang are not dealing with the issue and only making it worse, the foreign nations will cut off the loans.
#7. You can expect the whole house of card to collapse. Obama will have to raise taxes substantially, and not just on the rich. He will have to cut tax write offs. But one thing Obama and gang will not do is cut spending. In fact he is proposing a 600 Billion dollar health care plan. Where is that money going to come from? Cutting spending is totally contrary to Democrat thinking.
#8. Foreign nations on the other hand will cut loans to the USA. The dollar will take a nose dive and all those things we got use to buying from China at low prices will suddenly be expensive. We will be unable to afford the "good stuff" and will barely be able to afford the things we need for daily life. We will have a depression as big if not bigger than the Great Depression.
#9. And we will still have Obama and Gang in there thinking the answer is to spend more money. Each year he will make things worse. We got suckered. Obama is not about change. He is just another Democrat Socialist spender who will put the last nails in the coffin of the good life in the USA. Where Bush managed to go a trillion dollars in the hole in a year, Obama managed it the first month in office.
#10. You can bet Obama does not want to be called Hoover II. He will find some excuse in the next year or two to spend more money. Some excuse not to try to cut the deficit by half like he said he wants to do by the end of his first term. Four years from now he will be the biggest spending president in History. He will make Bush II look like a cheap skate.
#11. And if you look at the true attacks on our Constitutional Rights, it has been the Democrats leading the way. They are trying to substitute gay rights, abortion rights and etc for the true Constitutional rights, the right to free speech (they will re-enact the Fairness Doctrine to shut up the Conservative talk shows), gun rights (they will re-enact the Assault Weapon Ban but this time will name thousands of commonly used hunting rifles) and rights to petition the government. If you have not noticed, Obama gets very upset when people criticize him. You can bet something will be done to reduce the criticism.
Welcome to the United Socialist States of America.
- Tiny DanLv 61 decade ago
i am doing fine, i have a girlfriend ,house, car, job.
i am not rich but i do not need to be , if i can help out the poor i am willing to share some of my money.
the republicans want all the money and would not pee on a poor person if they were on fire , right wing wackos will be severly judged in the end.
a rich person is not really worth 100 times more than you or i.
i believe in that strongly
rich people are very fortunate and lucky and it is time for them to share with normal people.
- 1 decade ago
Because people made their choice how they want to live. Many of them wanted Change. They probably didn't understand that change can be for the worst as well.
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- 1 decade ago
the countries is SO screwed up because of our new president Barack obama and the famous people get payed way to much such as the sports players and actors and stuff like that and the economy should just make more money true
Source(s): me and common sense lol - Anonymous1 decade ago
Bush et al. for 8 years...
- 1 decade ago
If anything its the media and the politicians who are "screwing" us up!