Once the economic collapse of the U.S.A becomes history...and we find ourselves like Humpty-Dumpty trying to put the pieces together...it would be wise to heed a few suggestions...in the New (and hopefully, Improved) U.S.A.
Never let a private company (the Federal Reserve) control the money supply.
Never let "representative" legislators vote in your place. Insist on a DIRECT Democracy in the next society. (We don't need Senators and Congresspeople, folks. The whole concept is long since outdated, and most Senators and Congresspeople are crooks.)
Never let a government abandon the gold standard for its currency. If you do, that government will inevitably hyperinflate the currency and leave the people broke.
Never let corporations run the government. If you do, your government will become a branch of the corporations, and the regulators (like the FDA, USDA, etc.) will become agents of corporate-sponsored terrorism that abandon all ethics and destroy the health and safety of the People.
Never allow the centralization of power in one branch of government. For example, do not allow the creation of Executive Orders we've seen signed by the President.
Never allow one man (the President) to commit acts of war. Didn't we learn this after Vietnam?
Never allow people from industry to take jobs in the government where they become biased, pro-corporate pushers of everything from pharmaceuticals to beef.
Never allow politicians to censor scientists.
Never allow the population to be dumbed-down through sub-standard public schools that only raise a generation of obedient workers, not skeptical thinkers.
Never allow the media to control the population through advertiser-supported propaganda and violent programming.
Never allow politicians to destroy citizens' rights. When they attempt to do so, march on your capitol (in a non-violent way, of course). Arrest the politicians. Prosecute them for crimes against the People.
Never allow corporate lobbyists to have access to lawmakers. If you do, you'll end up with a corrupt government that only protects corporations, not the People.
Never allow your government to operate in secret, with secret prisons, secret wiretapping laws and secret war "evidence" that is never made public. Secrecy breeds corruption. Honest societies do not need to conduct their judicial processes in secret.
Never allow corporations to play God with the food supply by genetically modifying the crops.
Never allow corporations to be granted intellectual property ownership over seeds, genes, animals and medicines. If you do, you will one day wake up impoverished, "homeless on the continent your fathers conquered," to quote Jefferson.
Never allow banks to operate on a fractional reserve system of loans and money creation that's just begging for a series of cascading failures.
... I could go on, but you get the point.
So how's the economy doing lately? A few sampling:
Wall Street brokerages borrowing $38.1 billion a day from Federal Reserve: The Federal Reserve reports Thursday that those firms averaged $38.1 billion in daily borrowing over the past week from the new lending program. That compared with $32.9 billion in the previous week and $13.4 billion in the first week the lending facility opened.
http://tinyurl.com/3e78ze
Fed's interest rate games could destroy the dollar: "Helicopter Ben" is living up to the nickname he earned after he remarked in a 2002 speech that he would stave off a recession even if he had to drop money from helicopters to do it.
http://tinyurl.com/4qabdw
80,000 Jobs Lost, Recession Feared : The Labor Department on Friday said non-farm employment fell by 80,000 jobs in March, the biggest decline in five years. Financial markets saw the drop as reinforcing the need for further Federal Reserve interest rate cuts.
http://news.yahoo.com/s/nm/20080404/bs_nm/usa_economy_jobs_dc
Motorola to lay off 2,600 workers: Motorola Inc. is laying off 2,600 employees across the company, resulting in a pretax charge of $104 million for the first quarter, the Schaumburg-based telecommunications equipment-maker disclosed in a regulatory filing Thursday.
http://tinyurl.com/6xtz56
La-Z-Boy, Whirlpool Moving Hundreds Of Jobs To Mexico: La-Z-Boy employees in Dayton were told today that the cutting and sewing operation is being moved to Mexico.
http://www.chattanoogan.com/articles/article_125124.asp
Bankruptcies Jump 30% in March, Led by Housing-Bust States : The jump in March bankruptcy filings is another indication the U.S. economy is in recession, led by states where the housing boom turned to bust. The more than 90,000 bankruptcy filings in March were the highest since insolvency laws became more restrictive in October 2005
http://tinyurl.com/5ol2pj
Foreclosure Machine Thrives on Woes : A small army of law firms and default servicing companies, who represent mortgage lenders, have been raking in mounting profits. These little-known firms assess legal fees and a host of other charges, calculate what the borrowers owe and draw up the documents required to remove them from their homes.
http://tinyurl.com/5bcdj4
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Comments: 6
that's for sure.