• Home
  • Meet Dennis
  • Philosophy
  • Mission
  • Family
  • My Journal
  • Gage's Pages
DENNIS O'CONNOR

Fighting the good fight

Debt!

4/6/2018

 
Have you ever really wondered why we are in the mess we are in? What are the real and present dangers?
#1 is debt, both public and private. Because our buying power has been eroded to the point of starvation due to stagnant wages and rising individual productivity, we have less jobs, and more work for the people doing those jobs that we DO have. Therefore, the general population of workers are buying everything on credit, in a never-ending spiral of debt.
Most of this debt will never be repaid!
People borrowing massive amounts to attend college, only to come away with a nearly useless degree.
Most of this debt will never be repaid!
At the present, we have a 1.5 trillion dollar student debt load.
Most of this debt will never be repaid!
As I have said many times before, at this point if someone makes one major mistake, the dominoes will start to fall.
We are going further into debt every moment of our lives. In the 1970's we owed about 1 1/2 trillion dollars. Today, we owe 21 trillion dollars and accelerating daily by the billions.
Most of this debt will never be repaid! The super rich top10% own nearly 80 to 90 % of all the wealth in this country!
How much longer do we have before it collapses again? And the last time will seem like child's play, because you don't have an Obama to get you out of it this time! You've got the Orange One, a fully certifiable nut-job!
I am sincerely afraid for the people who have little hope now, much less later.
I know this is rather a bleak picture, but someone has to say it.
I leave you with a "Cheerio, old chap" "TaTa" and may peace be with you!

Comments are closed.


    I am a 70 year young soul with the grit and stamina of a 40 year old, who has much to contribute before I decide to leave this world.
    I believe in equal rights for all. I am no better or worse than you unless you or I prove otherwise.
    You do not have the right to determine my life any more than I have the right to determine yours.
    Your beliefs are your beliefs, mine are mine. If they happen to coincide, wonderful!
    If not, let's talk about it!
    We can make this world a better place,
    but it will take all of us working together!



    Archives

    February 2021
    January 2021
    December 2020
    November 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.
  • Home
  • Meet Dennis
  • Philosophy
  • Mission
  • Family
  • My Journal
  • Gage's Pages