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    Posted May 21, 2014 by

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    The Great Recession:::>


    Dear Mr. President Barack H. Obama: There is something that disturbs me about the 55 saves gas, 55 saves lives... Jimmy Carter: Energy Crunch.  I think doing that was a brilliant idea, as we waited in line at the pumps.  But I still can't understand who "strong-armed" James Carter to offer us 19% mortgages.  That was outrageous, and I assume it was Saudi Arabia that squeezed the banking system and this is how it turns?  If you note the Catholic Church changing the rules to "Fish on Friday" (it was because fish was expensive) but New Bedford MA. became a ghost town (with onset Alzheimer's) and lastly it has of recent trickled in the Greek economy and drove Greece to bankruptcy.  Yes it is true we had a boon economy in the 90's with Bill Clinton, that I heard ran on credit (also the "awesome 80's" gave up cocaine and the new yuppies had cash) although we research back to the Carter Administration, and doesn't it seem, that the 19% interest rate has virally entered your Administration, much like the Greek Economy?  If we do the research, I will not doubt it to be true... we are infected still by the 19% Carter Economy that siphoned off American Incomes.  By no means sir... is this any threat to you.  It is a lot of money lost, as is it's counterpart "State Lotteries."  If we can pin-point the decay, like WWI and the Great Depression, that cost America every penny we had... till we lived off rations.  George Herbert Bush, traded many of our Companies to China... and we lost more jobs.  The heck with the blame game, but the US Treasury has the records of the transfer of funds, as does tax codes.  So we sift through the statements and we'll find it to be the "strong-armed" 19% interest rate that infected savings and led to gambling in America.  I feel we need to bring back the "happy days" of Camelot and the 6% mortgage and the 5 cent savings plan, that if we go toe to toe in mortgages and savings, of back in the 60's a $100 bucks a month: once for home ownership and $100 USD for savings per month. this equals in interest... the 1% mortgage, minus accrued savings and the new advent of the US Savings Bond as College collateral.  Now the system is fixed and we flourish again under King Blackbird.  Without lotto's and unemployed drunks and drug addicts, anesthetizing the boring pain of poverty.  Remind people also that are not Stock Market savvy, that one can make just as much money in a Bear Market (going short) as we can earn just as much in Bull Market (going long) especially with OEX options.  God Bless America!  Amen   Dreams for Global Imperialism.... Brought To You by: UFO-RIDER Signed: David M. Pedjoe  

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