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yeah ZGrich I agree. its kind of what I said where a lot of us feel were entitled or owed things without putting in our work. It seems like older generations worked a hell of a lot harder than we do (young generation)
Serialk11r I agree im not one for conspiracy either but Ben Bernanke is not a favorite of mine. I really think that government has grown too big. I wish we could start over but that would be catostrophic. Its just the government has its hands in every aspect of our lives. If the government werent dipping its hands in education tuition wouldnt be so expensive, same goes with healthcare. I mean honestly our economy is crap because of these things. The housing market balloon grew too big too fast with housing prices going up and interest rates staying low. Banks were lending out money they didnt have to everybody because the real estate market was kabooming and you were getting a loan even if you really didnt qualify. The government kept printing money to save their arses and printing money out of thin air lowers the value of our dollar. And citizens and the governement were basically living off of loans for the past 3 decades. What we pay in taxes wasnt enough for the government because they still spent more than what they collected and thats when the printing of money came in handy. Its all credit, its all debt, its all horrible. Its all money that doesnt exist. China basically owns us. I am new to all of this I am sure there are terms for all of this but this is what I know so far. 3 months of reading non stop. I also read that the 2 trillion dollars that the banks are sitting on is money that was printed by the Ben Bernanke (The Fed) and that 2 trillion printed is NOT divided into loans. Bill Clinton also stated that if they did use that money and loan it out to people our recession would be over in 15 seconds :/
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