ARMS Traders. Whether these arms are military weapons or (adjustable rate mortgages) the affect is the same. Both these types of ARMS destroy individuals, families, neighborhoods, cities, nations and potentially civilization itself. The only way I see for this to begin to end is to make both kinds of arms traders illegal throughout the world. The other option is to watch as we are all watching now, naive but good peoples lives destroyed by the thousands and our global economy seriously worrying about another Great Depression if this can't be brought under control soon.
After studying this some, I have realized that in regard to existing ARMS(adjustable rate mortgages) the world is in a Catch 22(damned if they do and damned if they don't) kind of situation. Because those who provided the money for the ARMS(mortgages) to be loaned are worldwide. Because of this if President Bush, for example, were to actually drop all ARMS(mortgages) to the teaser rate, he would destroy the agreements already made with those who actually invested the money in these loans worldwide. However, if he doesn't reduce the interest rates on all ARMS(loans) in the United States, he can expect a Global recession(at least) or an all out depression in which Bush will be a name associated with another name( President Herbert Hoover) who is blamed for the Great Depression Historically.
However, President Bush must put the United States Economy and the World Economy first. To not do that Billions of people's lives will be harmed or destroyed outright.
To not reduce All ARMS rates on all US mortgages now to the teaser rate will as a psychic I am making a prediction now,(create such a feeling of hate long term for the United States that the common people of Earth will Really be coming to the United States and looking for Blood in the next 25 years).
In other words as a psychic I believe now that not dropping all ARMS to the teaser rate could create a worldwide bloody war against the United States(within 25 years)for the Worldwide Depression that would result from not making all ARMS illegal now!
Also, if a depression comes, it will not be a short one! Because of Global Climate change, I believe this coming depression(if it is allowed to happen) will set the common people of the world's real progress back about 100 years. In other words it would likely directly cause the deaths of about 1 billion from starvation, freezing to death without electricity etc. over a 10 to 20 year period. For all of this, the United States will be blamed if this happens.
The long term survival of the United States may depend upon making all Adjustable Rate Mortgages now in existence retroactively ILLEGAL in order to prevent the above described calamity and world DISASTER!
To the best of my ability I write about my experience of the Universe Past, Present and Future
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