We’re Having a Deflationary Collapse

There are three videos below. All are important… very important. No one can afford to skip watching them. No one. If you’re pressed for time, watch the second one first, but be sure to come back and watch all three.

I’m not kidding about this. That’s all I can say.

What you have just watched should change the way you see the present and how you feel about the future. To make the points tangible to your life today, there should be no question in your mind that we MUST stop the free fall in housing prices that is being caused by the tidal wave of foreclosures that will not stop on their own. They will eventually drag every single American homeowner into a morass that will last for most of our lifetimes.

As I’ve been saying for well over a year, this is not about borrowers, it’s not about paying for your neighbor’s kitchen remodel, as Rick Santelli of CNBC once said. This is about having the political will to stop pretending that everything is okay. This is about taking over the banks, wiping out the shareholders, and allowing their debt to trade at a discount. It’s about realizing that the highly leveraged toxic assets must be dealt with before they drown us all.

The banks are insolvent. They were last year at this time and they are today. Pumping money into them isn’t causing inflation. It’s causing temporary feelings of security in what is nothing more than a dream. This problem will not go away, it will only worsen, at is has over the past year.

We need to break the control that the financial sector has over our government. What’s in their best interests is no longer what is in ours as a nation. We all need to let our elected representatives know…

Vote with the banking and financial sector lobbies, and there’s not enough money in the world to get you reelected.

Vote with only the best interests of the people of the United States in mind, and you won’t need their money to get reelected.

It’s as simple as that. Let your elected representative know that you know. Don’t play dead… or our economy is most assuredly dead in the water and going down fast.

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