HOUSING BUBBLE HAS FINALLY POPPED
By Schuyler ThorpeAuthor and Political ActivistDespite Bush’s rosy reassurances that the economy remains strong–there is no
disguising the reality of the housing market and the ongoing meltdown in the sub-prime lending sector.
The housing bubble has finally popped–after building up enough steam in the form of expensive homes, low rates, and virtually no checks or balances in the loan application process.
Everyone gets a
piece of the action, right? Even for those who
can’t afford it?
Now you have skyrocketing mortgage-interest rates, heavy-handed payment practices, a glutton of unsold homes on the markets–and to top it off:
Astronomical foreclosures in many parts of the country and delinquencies stretching all around–including those who have good credit
!
And Bush still thinks this won’t affect the economy at all?
Boy, is he in for a rude awakening!
What
happens in the housing market
affects every aspect of our own economy! If there is an upsurge in spending–based on a strong and healthy housing market–then the economy will do well.
But if it’s like
this–then don’t expect our economy to do the same. And in fact, it
hasn’t. Despite some plentiful jobs in parts of the country, our economy is so saddled in personal debt–that the certain collapse of the housing market was due to follow.
Coupled with high energy and food prices, stagnant wages, and high cost of living expenses, the American Dream is all but dead at this point–with so few families wondering what to do next.
Wall Street certainly woke up to that fact–after months of shrugging off signs that the housing market was indeed in much worse shape than imagined.
It lost 311 points on July 26 and 207 on July 27th, 2007–knocking it off its 14,000 peg.
And with some reports suggesting it will be 2009 until the housing market recovers–if it ever does–both Wall Street and the US economy will be in for one rough ride until then.
Schuyler Thorpe is an author, a political activist, and a frequent letter writer to The Everett Herald of Snohomish County. He can be reached at: starchildalpha1 at yahoo.comLabels: economy, housing bubble, stock market, Wall Street
GOVERNMENT'S DUPLICITY KNOWS NO BOUNDS
By Schuyler ThorpeAuthor and Political ActivistRemember the pizza guy being accused of wanting to massacre hundreds of Fort Dix soldiers--simply by driving his beatup Honda through the gates of one most
heavily secured bases in America--using only an Uzi?
Remember those six alleged terror suspects from the Carribean nation of Guyana who--by the testimony of a drug runner--allegedly wanted to blow up one of the nation's most
secure and impossible to
wreck jet fuel pipelines connected to JFK?
Now...
It seems as though the Bush adminstration is locking itself into high gear in "preparation" for yet another
spectacular (but highly improbable--not to mention
transparent)...
"Terror attack"!
Recall, Jerkoff's...'gut feeling'. Recall how the government is now worried about Al-Qaeda staging some "spectacular" attacks on US soil by the end of this
summer--or in the next few years.
And today's report showing that the government now
confirms what the majority of Americans had figured out years in advance--after the invasion of Iraq: That Al-Qaeda is going to use Iraq as a 'springboard' for future attacks on US soil.
Oddly enough, there is no 'credible' intelligence to support the claim that Al-Qaeda is gearing up for
any kind of attack now or in the near future on the US itself.
So why the fear and worry
now by government officials?
Because it so happens that a lot of things are going wrong for this adminstration--from the failed troop surge to the GOP revolt over their support of the war--and Bush and the GOP both desperately need
something from which to rescue their bacon from a complete obliteration in the upcoming elections by the
people in 2008.
But pay attention to the language of both Jerkoff and other administration officials:
THEY 'EXPECT' A TERROR ATTACK TO TAKE PLACE BEFORE THE END OF THIS SUMMER.
And we all
know that summer doesn't officially end until September 21st.
And what's in September?
2 things:
1) General Panseywaist's report to the Congress on the
ineffectiveness of the 'troop surge' on September 15th.
and2) The 6th year anniversary of 9-11.
What better way to stage another terror attack (false of course) to remind the people that we are still at war with an enemy who seeks to destroy us from within?
But oddly enough, these last 2 attacks (which I mentioned at the beginning) somehow (and mysteriously) got
past all the tight securities implemented upon the 9-11 Commission's sterling recommendations--and somehow were "stopped" before they could be carried out.
Why not allow them to go through the motions?
Well, for one thing, it would be impossible. None of these suspects had the operational knowledge to even carry such an attack out in the first place. And two, none of these suspects were ever terrorists at all. Just unwitting victims in a governnment scheme to scare the people into line.
Third, the targets they chose were something of a fool's dream. Realistically, they could never be pulled off unless everyone was in a state of complete stupor--and the government was just happening to look the other way when it was taking place.
IN OTHER WORDS...
These attacks were drummed up by the most inner circles of our own government and unleashed in such a way--that it would make it
look like these were real.
Except a couple of things went awry:
1) Has
anyone ever heard of a Domino's pizza guy trying to penetrate a high-security military installation with only limited knowledge and an Uzi? And just what was his reasons for doing such a move in the first place? Was his life that bad that he wanted to commit suicide the stupid way?
2) JFK's jetliner fuel lines are
impossible to blow up from the outside or the inside--according to pipeline experts. So why would the government rely on the word of a known drug trafficker--as being completely 'honest' and 'factual'?
And Guyana? What does this nation stand to benefit from such an attack anyways? And when did it escape the government's radar list of countries which are state-sponsored terror nations?
So in the end, our government is already telling us
now, to prepare ourselves for another faked terror plot.
Not a realistic one, but one that has all the hallmarks of being on the list of:
"Non-Existent Terror Attacks".Schuyler Thorpe is an author, a political activist, and a frequent letter writer to The Everett Herald of Snohomish County. He can be reached at: starchildalpha1 at yahoo.comLabels: Bush, desperate, fake terror plots, GOP, government
BUSH’S FAILED WAR ON TERROR
By Schuyler ThorpeAuthor and Political ActivistPersonally, I don’t get tired of saying it: But you
cannot defeat an ideology with military force.
You can knock terrorist groups down for a time, kill some of their followers and maybe–if you’re lucky–nab some of their leadership, but in the end–they always bounce back; stronger than ever.
When President Bush was asked about Al-Qaeda’s resurgence and phenomenal strength of numbers, the
look on his face and body posture looked clear to me that he was about to
throw up.
Why?
Because since 9-11, W has been telling us: “We’re winning the war on terror!” and “We have Osama on the run!” and “It’s just a matter of time before we catch him!”
So the reality of this latest report by some intelligence analysts really shocked Bush to the core.
After blowing billions of dollars, manpower, and military hardware trying to oust and defeat the Taliban–and letting Osama escape at Tora Bora–the stark reality of this “war on terror” has been made perfectly clear:
We haven’t won anything at all.
Because of Bush’s incompetence at Afghanistan, his brazen swaggering into Iraq to topple an impotent dictator–the last 5 years of war in Iraq was just the ambrosia that Osama needed to reconstitute, reconstruct, and literally
remake his organization into an even more deadlier, more
stronger, entity than ever before.
And this time…?
Killing off Al-Qaeda is going to be even more
difficult to achieve than ever before. Even impossible.
All of this because Bush let his eyes off the ball for one split second in Afghanistan.
And do you what’s even more amusing about this whole thing?
Bill Clinton really can’t be
blamed for Bush's failures! Because he wasn’t
President on 9-11!
Schuyler Thorpe is an author, a political activist, and a frequent letter writer to The Everett Herald of Snohomish County. He can be reached at: starchildalpha1 at yahoo.comLabels: 9-11, Afghanistan, Al-Qaeda, failures, Iraq, Osama bin Laden, President Bush, war on terror
IRAQIS: YOU NEED TO RISE UP AND FIGHT!
By Schuyler ThorpeAuthor and Political ActivistIt’s official people: The Iraqis are arming themselves.
Not the ill-equipped and under trained security forces of Iraq, but the
civilians themselves.
231 years ago, Colonial citizens did the same against British forces in their fight for independence against the Crown of England. They spent years fighting a bloody conflict which gave birth to the United States of America.
Unlike that revolution, the one being fought inside Iraq isn’t for freedom, liberty, independence, or
unity.
But survival.
Iraq’s government has been a colossal failure by far in Bush’s model for change and democracy in the Middle East.
The citizens are being threatened by all sides of the conflict: From foreign elements of Al-Qaeda and other groups, to the so-called
Coalition of the Willing which is comprised of the ever-shrinking forces of the US-led coalition.
And since Iraq’s own security forces cannot bring peace and stability to Iraq, it’s up to the citizens of that country to take matters into their own hands and bring and
end to the bloodshed that has plagued Iraq since 2003.
Take out the foreign elements that saturate your soil! Take out those who continue to impede and marginalize you in every which way!
Take out those occupation forces whom continue to deliver more pain and agony unto your neighbors, your children, and your children’s children–instead of those lofty promises of reconstruction, prosperity, and security which has been in short supply for several years now!
Do whatever it takes to give yourselves hope and promise for a better tomorrow!
Rise up and fight! Rise up and take back your beleaguered country!
Fight! Fight! Fight!Schuyler Thorpe is an author, a political activist, and a frequent letter writer to The Everett Herald of Snohomish County. He can be reached at: starchildalpha1 at yahoo.comLabels: Bush, civil war, forces, Iraqis, rise, security, up
