Yeah,you heard me!---BAIL-OUT SENIOR CITIZENS!---NOW!---QUICK!---we're running out of time!---this Recession (more like a smoking Depression--right?) needs to be resuscitated without any further delay!---
we're in the middle of a major national crises!---a financial tsunami---our economy is barely breathing on life support---our societal existence as we know it is being seriously threatened! our so called "normal way of life" is teetering on the brink---a shove or two away from morphing into a very "unnormal way of life."
what I'm saying is: we are in a war!---we are being attacked!---the enemy is surrounding us!-- so what do we do?---well, the old days we'd send in the Marines---alert the Navy---send up jet fighters and bombers---drop a load of Paratroopers!---you know, that kind of war---a good old fashion one---like WWW II. and we knew where the front lines were---and we won that war because we wanted to win it---Americans were all united and stood together and achieved the greatest military victory in the history of this world.
only this war we're in today is more pernicious---more deadly---more devastating---than any war we've ever been in---and the front lines aren't thousands of miles away---but in all the neighborhoods we live in and all the homes we live in---and the enemy doesn't wear army uniforms and carry semi-automatic rifles.
No!---in this new war military headquarters are the Major Banks---and plush offices on Wall Street!---populated and staffed by CEO CIVILIAN GENERALS and small tight cadres of highly trained and obedient top executives---and when this cunning New Army salutes the flag---they pledge allegiance to the flag of Greed---Immorality---and to their own God of Profit---at any cost!
and so the web of future insolvency began at blinding speed---Banks robo-stamping approval of millions of home mortgage loans without ever checking to see if the buyers even had a job---how much income they made---what kind of credit history and rating they had---who cares!!--the financial gold rush was on!
Banks were dancing on the Yellow Brick Road---only Oz wasn't the destination---they were too busy packaging all these worthless loans and selling them to Wall St. and Wall St. flipped into a ballet of ecstasy---dancing on their toes as they repackaged all these fraudulent loans at highly inflated profits and sold them to the rest of the world---and the rest of the world was stuck with a pile of low-grade Bandini!---as low a grade as possible.
and so the inevitable happened---a housing market that took down this country!--- a crash that regrettably will knock Humpty-Dumpty out of Fables---'cause the crash we're going through is the Fairy Tale of Fairy Tales---we see it and yet we---we---we just can't believe it!
remember the ending of Humpty?
all the King's horses and all the King's men
couldn't put Humpty-Dumpty back together again!
are we talking metaphor here?---sounds ominous, huh?
trillions and trillions and trillions of dollars were lost by the American people who believed in the American system---who believed in Banks---and trusted them when they told us how safe our money was---and to keep buying CDs and invest in stocks and bonds---to guarantee that when we retire we could live a decent and happy life. so much for promises, huh?
everyone was hurt in this Bank-made monetary collapse----but none more so than Senior Citizens-----the one group that can truly say: we were robbed of a lifetime of savings! ---lied to and cheated by those in power who knew full well the massive fraud and deceit they were engaged in and committing without any conscience.
Senior Citizens lost over 70%-90% of their life savings in retirement funds----stocks---bonds---------IRAs---CDs---other money instruments-----so where's the bail-out for them?-----for some strange reason, it seems that the Government didn't give a rat's ass about the Golden Years------the one dependable honest group in the country------and instead, almost broke their legs, they were in such a hurry to bail-out Banks and Wall St.-----the tyrants who engineered this financial tsunami meltdown that has left this country wallowing ever deeper in a quagmire of despair.
hard to believe-----the crooks robbed the banks----then the criminals got rewarded hundreds of billions of dollars for committing the crime!----is this a Laurel and Hardy?-----sing-a-long now:
da doot da doot
da doot da dootddd
da doot da doo doo doo
doot da doot!
Seniors are the only ones now who can save this country-----our secret weapon-----and what a powerful one!---devoted---loyal---compassionate---what better virtues to begin a renaissance of common sense and healing.
Senior Citizens are the largest major group that can be united for a single purpose:----- Jump start the economy and drastically lower the unemployment rate currently running at 21%!-----yeah, you heard right!-----21% unemployment rate---not 9% as they're constantly quoting!-----which means at this very moment-----30 million workers have no jobs---no prospects of finding any---OUCH!---and the future looks even bleaker---OUCH!--OUCH!-----30 million Americans with empty wallets and odds-on favorites to be permanently unemployed!---TRIPLE OUCH!!!
it's so bad, the Government has coined a new phrase for this mess: The New Normal---can you believe this?---the unemployed paradox---THE NEW NORMAL!---in other words, they're ready to write off 30 million lives as waste product---trash---used parts unusable in a high-tech society---nothing but a lingering drag taking us down even further with no ending in sight.
this tragedy could have been avoided so easily.
the Banks could have said "no" to the millions of mortgage "liar loan applications" buyers were so willing to fill out---but greed is a powerful motivator---the madness began!
Timeline:
Banks lent to anyone with a pulse!
economy and banks spin out of control
Obama seeks out Henry Paulson
Paulson comes up with TARP---a 700 billion dollar bail-out gift to the banks
Fed Chief Bernanke tells banks to borrow all the money they need at the "Fed Window"
banks borrow trillions!-----at no cost to them-----freeeeeeee money!!!
banks buy Government Bonds paying 3% with borrowed trillions
banks profit over 100 billion dollars a year holding Government Bonds
banks break their promise to Government---refuse to write new mortgage loans
banks break promise to stop foreclosures-----help destitute homeowners in bankruptcy
is that a laugh you hear?
it certainly is---it's the banks laughing their ass off on this most unbelievable scam they pulled on Obama--Congress--and the American people.
when the banks got what they wanted---(all those billions and billions of free do-whatever-you want-to-do-with-it money)---they flipped Congress the"bird" and went on their jolly way.
update:
the housing market has just gone into a double-dip recession-----the misery index has reached an all-time high, and this once proud nation is trying to forget the millions and millions of Americans who are fading away and losing all hope of holding on to the American dream.
but cheer up my fellow Americans---Kwayzar is riding to the rescue!
(drum roll, please!!!)---(trumpets, sound the charge!) !!!!!!!
ladies and gentlemen---I present to you---the KWAYZAR SALVATION PLAN!!!----- daring in its concept---and so original it amazes even me!---and ohhhhh----------is it a beauty!
1) the Government creates the new:------Senior Golden Trust Fund.
2) Senior Citizens (65 years and older)---getting Social Security--- will be the only ones to receive the interest income from the Senior Golden Trust Fund
3) the Senior Trust Fund will be capitalized---are you ready for this?---at 6Trillion dollars!---and paying an annual interest rate of 10%!---6 trillion dollars at 10% will bring in 600 billion dollars in interest a year!
4) there are app. 40 million Seniors in this country. so we divide 40 million into 600 billion dollars---and presto!---40 million Seniors each get $15,000 dollars a year in interest!
5) the Senior Golden Trust Fund will have a shelf-life of 10 years and should zero out in that time---perhaps a bit longer as a certain amount of interest each year is added to the fund from the investment the Trust Fund will be in.
6) and that's how we climb out of this deep, lingering recession we're in!-----40 million Seniors now spending an extra 600 billion dollars a year and the economy will lift-off like a rocket!---factories and warehouses will be booming again!---Pow!Wow!---I mean Boom da Booming again!
7) think of it---40 million Seniors not only going out to those extra dinners again---leaving more tips again---buying clothes---flat screen TVs---taking cruises they couldn't afford to take getting less than 1 % on Bank CDs---and buying new cars again---and having that extra money to pay for a lot of $5 & $6 dollars a gallon gas at the pump---which is where we're heading--and soon!
But who is more loving and more nurturing and generous than Grandma & Grandpa to their children and grandchildren?---they'll spend-spend-spend almost to their last dollar to protect and keep them well.---and see that they get all the opportunities they possibly can.
8) Seniors are the only ones who can jump-start this moribund economy---the only ones in a better position to give---if they had extra dollars to give.
Seniors don't have to save anymore for their retirement---
Seniors don't worry about losing their home--those battles are over---
Seniors don't worry about bosses anymore!--or if their job will be waiting for them next week!--they have already put in a lifetime of work---
Seniors are the largest group in this country bonded by age---and by a single passion of giving---Seniors---the most dependable-loyal-patriotic force that is the heart of this nation---and we are the richer for it.
the question is---the big big question is:---where do we get 6 trillion dollars to fund it all?---where?---where?---where?---and suddenly the answer came!---Yes!---OMG!---of course---how simple---why didn't anyone think of this before?-----we get the 6 trillion dollars from the very people who should never have gotten it in the first place---our compassionate and caring banks!---yes!---Banks!---get it from them!---YES!---YES!---oh how beautiful!---slam dunk---one for the home team!---WINNN-INNNG!!! (pardon the Sheenism)---
YES!---poetic justice come full circle!---get it from the Banks!!!
remember the "Fed Window" and Fed Chief Bernanke telling the Banks they can borrow all the money they want---so the Banks ran to the Fed Window and borrowed over 6 trillion dollars ---then turned right around and bought 6 trillion dollars of Government Bonds paying 3% interest-------6 trillion at 3% comes to 180 billion dollars a year in pure interest---how about that for a risk-free investment.
no wonder Banks stopped making home mortgages-----don't have to worry about buyers defaulting---and foreclosures---and bankruptcies---hey!---not when you got Government Bonds at 3%---how much safer is that?---just sit back, do nothing, and watch all those billions roll in!--ah, yes---how sweet it is!
that's how Banks paid off TARP so fast---and are reporting billions of dollars in profits every quarter now.
2 years ago---for the entire banking industry---it was the end of Western Civilization!
now the Banks are suddenly swimming in cash---and raising fees---oh, how they're raising fees for millions and millions of consumers whose money it was that the Banks grabbed at the Fed Window!--- how's that for another Laurel & Hardy?
and the trillions the banks borrowed at the Fed-----was interest-free to the Banks-----the Banks got all that money at no cost to them!---holy samola and WOW!WOW!WOW! ! !
"what's that?"---I hear people screaming---"you can't take those Government Bonds the Banks have---it's Unamericanism!---fascism!---socialism!---communism!---mafiaism!---and throw in Lady Gagaism!---it's liberalism run amok!"
oh yeah!---well listen up---the bible says: an eye for an eye and a tooth for a tooth!---Well, the American people want their eyes and their teeth back!------got it?-----the Banks got this money fraudulently!-----they're lucky they're not in prison for the lies and deceit they used to con the Govenment to get it.
think of the trillions and trillions of dollars our Government has wasted bailing out country after country after country all these years---and the returns we received were pitiful!---and the one group that would do more for this country than anyone has been totally ignored and forgotten.
"End The Recession?---Easy---Bailout Senior Citizens!"
oh, by the way---the word is out that Banks---(Yep! here we go again)---are in the process of giving CEOs and Executives 100 million dollar bonuses-----
and 30 million unemployed Americans can't pay their rent!
God Bless America
-------KWAYZAR
---- (the pollenator)
Kwayzar is a Federal Registered Trademark
Copyright 2011 by Stanley Jerry Hoffman
Email: kwayzar2009@gmail.com
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