Wednesday, May 5, 2010

Bond Market and the governement

I just received an interesting email from a friend regarding Greece's financial situation and investor staking their monies and putting it in Mortgage Bonds.

I discussed recently how our world is shrinking due to instant access via computers and other communicating equipment. What happens in Greece...USA...Great Brittain...China...no longer stays there as advertisers of our 'recreation cities' like to advertise. It is known almost instantly around the world and affects everyone.

The people that want a one world government are getting just that. Albeit through the financial markets...because it is a one world financial market and what affects one affects all.

Watch what our government does and so follows the world. Watch what China and any other country does and so follows everyone else and those who want more government smile.

Me - I want the government to stay out of most things. They don't need to be controlling what I eat, what I drink, where I worship, what I think...etc. They needed to stay out of the financial world, let the banks fall that should have fallen; let the strong, safe banks pick up the leftovers and we would have come through it.

All the government does is slow down the fall that is inevitable. Actually if they had stayed out of it in the first place, forcing banks to make loans to people that couldn't afford it in the first place, this would never had happened.

It was the liberals that strongly suggested to the banks to modify their programs so that anyone that wanted to own their own home, because it is 'ever ones' right, to own their own home no matter what their financial abilities and histories may be. They bowed to the then in power government created new financial criteria to meet this demand...made billions...and then crashed.

It was because of this that the government bailed them out.

The government created the situation and now you, your neighbor, and the guy across the country, my children and grandchildren will be paying for their political agendas for the next several generations.

But then...aren't we all still paying of the previous generation political agendas.

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