What congress is doing right now is what caused the Great Recession in the first place of making rules so lax for banks that they got into trouble last time and destroyed the wealth of the Middle Class in our country by destroying the average person's investment value in their homes. Many many middle class people went bankrupt or lost their homes because of what the government did the last time and this is just more of the same.
Also, the fundamental problems of the last Great Recession were much worse than what Caused the Great Depression. If we hadn't had knowledgeable people in place like Bernanke at the Fed who had studied the Great Depression in his college thesis or Geitner as Secretary of the Treasury we would have bankrupted the whole world completely over time. We only made it out of that alive by the skin of our teeth.
I'm not sure we will be as lucky with the foolish things our Congress is doing now.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- When you think about Computers and AI you have to think mathematical and logical
- Cancer rates 1900 to 2000 and beyond
- I think Wikipedia (especially English Wikipedia) is worth donating to to keep it alive because it is a non-profit. Also, this article is Wikipedia on Roswell Crash in 1947
- My wife sewed me up a Frostline Down Vest in the 1970s. Mine was light blue in color then. This would have been 1976
- I needed to send this link to a friend of our family. This is my son's Youtube AI Music Video Site. He has had over 100,000 views so far or more probably now.
- Michael Douglas talks to Bill Maher about his life: Video Several different videos on Kimmel and The View Too I guess
- Hurricane Simon pounds resorts and vulnerable towns along Mexico's Pacific coast
- In 1978, retired United States Air Force[a] officer Jesse Marcel claimed that the Army's weather balloon claim had been a cover story
- This somewhat explains why Extraterrestrial contact is gagged mostly in the U.S. and other nations
- Senator John McCain was from Arizona and spent 5 years in a prison camp when his jet fighter was shot down over Viet Nam in the war
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