Monday, October 6, 2008

On the Financial Crisis

I tend to think the financial crisis was brought on by two things. Namely, banks lending money to individuals or institutions that couldn't pay them back. The second reason I think we're in a financial crisis is because we all made it up in our heads and decided that we were indeed in monetary turmoil.

The media has been portraying our economy as a theoretical glass house since George W. Bush entered office in 2000. Why is that exactly? I tend to think as with many other people that the far left liberals who support the Democratic party are at the helms of some if not all of the big media firms such as NBC, ABC, CBS, and Fox. I know it was the likes of Clear Channel that had pushed Howard Stern off of public radio after his opponents and naysayers were trying to get him off the airwaves twenty years prior to his exodus to Sirius Satellite Radio. It's strange how free speech works in this country, especially on television. For example, If you say something constructive towards someone (Barrack Obama) or something (a political party like the Democrats) the organization furnishing your ability to speak on television can shut you down if it's against the political orientation of the said channel. The far left drive-bys can even swap something around on a person making the public react negatively towards them since 9/10ths of the public seems to be swayed in their political decision making skills by what the telly says on the Nightly News everyday. The major networks know this, they know people will buy into whatever they say, they're reputable sources, and consistent in keeping up with the latest news and what have you so that everyone watching their channel can be turned into a mindless and potential proponent of the agenda in which their company is run.

Sure not everyone is going to buy into things right away, and even fewer will buy into them ever, but if the media is trying to pound something into our tiny human brains they're going to mention it over and over and over again. They'll mention it in passing, they'll have entire segments on a specific topic, and they'll even drop them into fictional shows all in the name of driving home their political agenda, whatever it may be. We have made it up in our heads that we are in a recession, a "New" Great Depression, or close to international economic collapse and it was the media that helped us think in that way.

If there was no form of readily available form of media would we be as affected by the so-called economy failing? Probably not, assuming this crisis isn't half as bad as the ruling class of Washington has made it. And even if there was an economic failure in a world without accessable media we still as occupants of what Barrack Obama termed as "Main Street" probably wouldn't feel the amount of backlash that we're expected to have, as the companies, banks, brokers, and lobbyists that were the direct cause of the entire problem.

In closing, I am highly amused at the amount of power the government thinks they have, if the people that originally brought this country together saw what was happening now, I think they'd be angry, and confused at exactly how we got to this supposed economic crisis. The government is getting too involved with everything, and I don't think it'll end well if Washington continues their pledge to erase everyone's mistakes without some form of punishment or atonement. Our money and currency were never supposed to be invisible.

People shouldn't be able to pull money out of thin air, especially when it really never existed in the first place.

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