Now that the elections are over......

Now that the elections are over let's see where we are really at and lets forget about all the political bullshit.

Our country has gotten into very deep caca but the average citizen is either too dumb or too apathetic to care. Everyone thinks that since that the republicans have wone in the midterms that things will change (for the better). When Obama was elected I said that unless he can walk across water he is a one term president because we are in such a deep hole that we have probably passed the proverbial tipping point.

It's basic math. 80% of our budget is spent on items that cannot be cut (social security, medicare,defense, medicaid). So that leaves samll things like the FBI, FAA, Homeland Security etc. that most people probably think we need. Politically this won't happen because if a politician wants to get re-elected he or she won't touch any of these programs or entitlements.

The othe way to get the budget in line is to RAISE TAXES! That's socialism.

Profit is a good word  which is the whole idea of capitalism. The problem in the U. S. is that we have a toxic stew combining capitalism with corporate corruption,  greed, low ethics and morals, globalization and technology.

We are now at a point where "U. S." companies now manufacture most of their products abroad and ship them back here for us to buy. They want us to buy their cheap goods after we get done flipping hamburgers at Burger King and after paying our student loans.  At first the jobs being lost were in in the low paying areas such as textiles. We let it happen because we can get cheaper clothes. No one wanted those jobs anyway is what we were told.

Now with the internet higher paying white collar jobs are being sent abroad and the middle class is getting attacked. Corporate profits will look good until so many jobs are lost for such a long time that things will start to unravel.

With dropping incomes we will dropping taxe revenues. Government services will be slashed. The gulf betwen haves and have nots will widen. It has already been said that 1% of this country owns 70% or more of the assets.

If any other country ran the deficits we do, had our trade inbalannces we do, had such a division of wealth as we do and had real unemployment close to 20% like we do we it would considered a 3rd world country and a banana republic.

I saw a british economist who said that America will be very interesting to watch because of our severe financial issues and the fact that we have "SUCH A WELL ARMED POPULACE".  Anarchy anyone?