Thought Global warming was going to get us first?

Explore

- People

Appeared on

iReports used in CNN's news coverage

Feelings and Photos - Hollydale »

Posted by: dakosgirl
Nov 18, 2008

more iReports on CNN »
more iReport superstars »

Up for an Assignment? »

topics in the news today

Big Three bailout
Your thoughts on same-sex marriage
Holiday travel
Who should be in Obama's cabinet?
Make yourself layoff proof

more assignments »

upload a story »

Need Help? »

tell your story like a pro

The Ingredients of a Good Story
Take Great Photos
Shoot Better Video
Record the Sound of Your Story

iReport Blog »

keep up with what's new and what's coming

Huckabee's role as Republicans evolve
Sometimes the little things make a big difference
'Fast and furious fire'

Home > iReports > Story

Thought Global warming was going to get us first?

Think again:

The sunny side: We don't have to worry about Global warming destroying our livelihood.

The Dark side: We can thank President Bush and his corporate bankers for beating Mother Nature to it.

Say good bye to being a home owner with good credit. Say goodbye to a better life for our children. Say Goodbye to the American dream of giving our children a better life.

This is new Era....
Sunny Side: We get to start over.
Dark Side: The Bush Empire will rule over us as Lords and Surfs.
Welcome to the new Millennium everybody.
Is the Bail Out a Domestic Terrorist Attack. Do we have a secret Terrorist within our boarders?...If so, who is it, and how do we identify them? This is a different form of terrorism. It's called Financial Terrorism...

1) I watched a video of a missionary preacher that preached in April 2008 the following message. He stated that our country would experience an economic collapse specifically in Sept.2008 . That was 5 months ago. He said other countries outside of the United States were expecting this economic collapse in our country, so much so, that the money changers in Bolivia would not exchange his American money in March of 2008.
2) So why is this catching our Government off guard? Our Government had to know this was happening long before last Thursday. Paulson and Bernanke had to have been working on their 700 billion dollar plan for some time, before presenting it to President Bush last Thursday. When the switch was flipped last Thursday, other countries around the world were ready and prepared to put their billions into their economy as soon as they heard... Why were other countries ready to respond with great amounts of cash so quickly and we are hesitating? I believe it is because they were ready for it, and we were not? Why did they have time to prepare and we did not? Why do they know more about our Economy then we do? What has happened to our intelligence?
3) Let's not be ignorant America.....having now known that the world knew about this 6 months ago that we were headed for a collapse, and even knowing the month it would happen......President Bush, Paulson, and Bernanke are now in-sighting panic in our Senate and across the country. Giving us only a week to respond to this large 700 billion dollar bailout. They say this is the amount of money needed to save the world banking system and our economy. It was our guys that met with the world bankers to prepare them...They had to know this was coming...Why were these men not working on a plan with our Senate and committees sooner? They have come to us with this problem in the ninth hour and are saying we have no choice but to accept their plan. Why did they let the rest of the world prepare, and tell us we need to cough up 700 billion dollars in a weeks time because we have no time to do anything else? This clearly has the appearance of extortion for the American Tax payer with a great price tag. Our Great Men and Women in Washington are not ignorant, they are as angry as the rest of us Americans, because this deceit is blatant, and Paulson says we are already on the hook for it? This is not a Bailout, but a CRIME ...... This is the greatest crime against the American people......especially when we see those in the private sector since last Thursday trying to alleviate this problem by making offers on many of these failing assets. As a matter of fact we see those that have much money, pulling their money out of the banks, not necessarily because they are afraid, but because they want to buy up these failing assets.
4) There is just no excuse for why Paulson and Bernanke waited till the ninth hour to inform our country and to say we will collapse if we don't give them what they say is needed. If the rest of the world knew way ahead of time and it was these men who prepared the rest of the world why didn't they prepare us! Who were they meeting with in our own country to review this plan? I get the sense that our whole plan is based on these 2 men and what they could come up with spur of the moment.....But we know this is not the case. That scares the hell out of me, and I am sure most everyone else. They say it is an emergency....I say it is the most gross neglect of responsibility I have ever seen.
5) Why is our Government trying to save us, or take over without having given the private sector an opportunity to resolve this? This is terrorism by its own definition and by our own government. We didn't get here over night and they know it, so why are they scaring the American people now. Why did they delay and only give our Senate a week to approve this. And why is the happening right before the elections? Remember the rest of the world knew this was coming. Why didn't they work internally with people in America and our Governing bodies to resolve this problem with a plan that would allow the banking systems to work this out, without our government taking control and putting the bill on the Tax payer? And why is the rest of the world prepared and we are not? Lots of questions. Very few real answers.
6) In regards to Our banking systems: The media and the FBI needs to talk to the American families about how the banking system has been treating them over the past 5-10 years and each American can tell you many stories of their experience with unethical practices and how they have manipulated the American people, to enslave them into credit debt. And our government wants to continue to allow them to do this with their new package. Our President says: "We must Keep the credit flowing"...in other words keep the monster alive till we have only 2 classes of people.... those that are slaves to their debt and those that have all the money and buy up all the assets. They are enslaving the American people and I believe they are doing it systematically and intentionally. The question is why, and who is behind it?
7) If these banking systems and our government are not breaking the law...then there should have been laws or restrictions on lending practices that protected the American people. I have 2 personal examples to share with you.
a. My sons when they turned 18 years old, were given many credit card offers, and these offers enticed them to respond. Some with limits of up to $4,000.00. They had no credit history and did not need to prove employment or credibility. Many of these young people could never afford to pay back the limits that are given to them on their current wages. Many youth have minimum wage jobs, high insurance rates, and high gas prices. We have an epidemic in our country with the practice of lending to those that lacks credibility. Lending companies should have a responsibility to make sure the persons they loan money to, is credible. At least this was the case 10 years ago. To loan large sums of unsecured credit to youth is highly irresponsible..... Now they ask us to bail them out for these practices? They have high interest rates and even higher default rates. Making it impossible for those that are caught in this trap to see their way out of it. They are destroying the credit of our youth and their futures. This is why we are in this crisis in our country. We must remember our young are not taught responsibility with credit in schools and many of them will not heed the warning of their parents today, because they are taught just the opposite in the world. They are taught that they must have credit. That coupled with the great temptations of material goods and a blank check causes them to be irresponsible with their money, when they have lived the first 18 years of their life with parental restrictions. These young are given a blank check by credit card companies. This gives them freedom and responsibility that they are not ready for. Our country is letting these Vultures prey on our young. Thanks to privacy laws, parents cannot help our youth work through these issues. Credit card Companies like Citi bank who called me 2 days ago said...."no one held a gun to my sons head to spend the money". These practices of lending are an atrocity, highly irresponsible, unethical and a threat to the sovereignty of our youth and our country.
b. The second example is our 2^nd^ mortgage. After doing renovations on our home we sought a 2^nd^ mortgage. The lending company was GMAC/Ditech. They did not do an actual appraisal on our home. They factored the value of our home by using home value estimates on the internet. They stated our homes value was $270,000. We knew this was not correct so we had a market analysis done by a local agent. They told us we could list our home for $230,000. So, we knew to be careful, we borrowed under the $230,000 expecting housing prices to rise so that we could move in 2-3 years. These were reasonable expectations. Like 10 million Americans we are now upside down in our home, by $50,000 because of the crash. I mention Ditech because they were willing to lend up to the value they assessed on line.... and not actual values! This practice was unethical, irresponsible. This is one of the reasons our country is in this mess and why our values dropped so greatly.
Please consider carefully that if my family has been touch this way.... so has most everyone else. Please take seriously the motivation behind why our Government would allow this to happen for so long and do nothing about it, when the American people have been complaining about these lending practices for so long. \\\\ The biggest issues presented here is our Secretary of State and Chairman of the Federal Reserve knew this was coming....The world knew this was coming and when it was coming, yet they did not inform our government to address these problems much sooner. They knew...The world knew! They have been meeting with the world bankers, these world bankers were ready before we were. When this switch was flipped last Thursday the world bankers were ready to throw billions in their economy.....Heck.... I knew, and I am just a homemaker. The FBI must take seriously that there is a hidden agenda behind why they delayed, why they are asking for 700 billion and why they are in sighting panic into America to get us to make a big decision in such a short period of time......Are they the secret Terrorists within our borders? We the people want to know