There Is A Dark Cloud Over America
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Dorothy A. Seese
June 14, 2006
NewsWithViews.com
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Some of us, observers of times, trends and events, have been waiting for the American housing boom to go bust, and that day is apparently on the horizon now. But this would cause no ordinary recession.
The world economic situation isn't stable, it has been destabilized by international monetary interests that stand to gain from the emergence, publicly, of the New World Order that has been in the making in the U.S. since the war between the North and South, with the Northern union of centralized federal control winning the conflict. Two engineered world wars, the Great Depression that brought about cries for socialistic government "reforms" and the obliteration of a free market society have steadily pinched America into a place of incalculable debt, loss of personal freedom, a service-oriented economy for most workers, and a false sense of confidence in our ability to bounce back from short periods of recession. "Made in America" doesn't mean much when the company making goods or services is owned by foreign companies. They can pull back to their own homeland and leave ours devastated.
Most Americans own a lot more debt than anything else, so they're totally vulnerable to a major crash. Even illegal aliens can flee home (after all, there was no law to keep them at home and no law saying they cannot return). The American people, filled now with frustration over inflation and the separation of their own government from the citizenry, fill huge cities where they depend on their livelihood from jobs rather than from land ownership and self-sufficiency that rides out hard times. With world violence increasing exponentially, and American violence making life both edgy and dangerous, the relatively quiet Great Depression could never happen again in the United States. A major depression would bring about unthinkable violence and then martial law with United Nations intervention, doubtless at the request of the US government leadership in power at the time of the crash and backlash.
When I moved into a small condo unit in an Arizona retirement city in 1998, gasoline was selling for a dollar a gallon, food cost about half of what it does now, and housing was about 40% of its present cost. Signs asking for people to fill jobs and touting hiring bonuses were plastered on billboards and newspaper ads. Outsourcing was a very small percentage of what it is today. Times appeared good. But it was a house of cards built on a dot-com revolution that pushed technological changes, competition, and speculative investment over the top of the charts.
The homebuilding industry survived and became America's big non-service industry. While construction companies and their subcontractors hired a considerable number of undocumented workers (illegal aliens to be politically incorrect) they also required more skilled labor, American citizens of various ethnic backgrounds. Raw land around major metropolitan areas has grown scarce, so there have been many cities that took their neglected slum areas and renovated them or razed and rebuilt on the land around "downtown" while others created new developments in outlying areas for commuters (thus increasing the need for more roads and expressways).
There is hardly any business that is not affected, directly or indirectly, by the housing industry.
Worse yet, no one owns their home as their property, free and clear. The mortgage may be paid off, but property taxes, assessments for roads and other government fees and taxes turn into a form of rental to remain in one's own home or lose it to the taxing authority! And then there's the new twist to eminent domain that says your property can be taken (for the taker's idea of a fair value) for some good reason, "good" being defined by the takers.
Still, the housing industry not only produced huge new levels of debt for American homebuying families, but jobs that made a buffer for an overly outsourced American economy that produces little in the way of goods. Forty years ago, the automobile industry was largely American. Now, foreign automakers put assembly plants on US soil and save the cost of shipping while the profits go back to the country of origin, or to international financiers who move investments around like chess pieces on the world's coordinates.
When the housing industry goes bust, Americans will wonder what happened and why. Exactly how bad things will become depends on the agenda that the globalists want to put into effect. If it's total obliteration of America as we have known it, only a facade of which still exists anyway, there will be an enormous crash and enormous losses among small investors, businesses, and workers.
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