Welcome To The American Dream Blog

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Welcome to the American Dream blog!  So what is this site going to be about?  It is going to be about trying to wake up as many people as possible.  A generation ago, our parents and grandparents could take a prosperous future in the most powerful nation on earth for granted.  But now that has fundamentally changed.  Now the U.S. government, state governments, the big corporations and American consumers have piled up the biggest mountain of debt in the history of the world.  Not only have we completely mortgaged the future of our children and grandchildren, but we have also brought the U.S. financial system to the brink of complete destruction.  The U.S. dollar, once the most stable and most powerful currency in the world, is now dropping dramatically in value and is in a death spiral.  Unemployment is spiking all over America, and in some areas it is now next to impossible to get a good job.  Millions of quality jobs have been shipped overseas and they simply are not going to come back.  It seems like each year we set another record for mortgage foreclosures and another record for personal bankruptcies.

 

Meanwhile, the U.S. government continues to pass more laws, more rules and more regulations that are slowly but surely strangling U.S. businesses and the American people.  A brutal police state is emerging to enforce the mandates of a crumbling empire.  Americans are literally being watched a thousand different ways as we move ever closer to a true “Big Brother” society.

At the same time the character and the morality of the American people is rapidly heading into the toilet.  Each year, approximately one million babies are killed by abortion in the United States, but very few people seem to care.  Sexual immorality, greed and corruption are absolutely rampant both in Washington D.C. and in the rest of the country. 

The American Dream is quickly becoming The American Nightmare.

That is why we started this blog.

People need to seriously wake up.

America is in decline and we need to admit that and get to work.

If you are as concerned about the end of the American Dream as we are, then we would love to hear from you.  Just fill out the contact form below and your comments will be emailed to us right away….

[contact-form 1 “Contact form 1”]

 
  • tiaaa

    American Dream will only be Dream it will not come True unless they Repent what they have done to Muslims.

  • Shmoopy

    Ha Ha! Yeah, because they’re so innocent…

  • Nalliah Thayabharan

    “Foreclosure of American Dream By Wall Street” – End of an Empire

    – Nalliah Thayabharan

    Wall Street is a confidence trick, a dazzling edifice built on paper promises, gambling, bets and rampant speculations. Wall Street doesn’t manufacture or produce anything. Wall Street , however attractive it may appear, is built on paper.
    Wall Street speculation caused a 70% increase in the price of wheat from June to December 2010 and severed food crisis in more than 35 countries. However, there was no significant change in the global food supply or in food demand. The total value of Wall Street speculative financial derivatives reached more than $600 trillion – about 10 times global GDP. Wall street’s peculative derivatives are virtually untaxed and banks often avoid paying tax on profits from selling derivatives. Every consumer is paying more for commodities including food and fuel due to the excessive speculation by Wall Street.
    Modern day bank robbers are at Wall Street but they wear grey suits and not masks. Rampant speculators, propagandists and financiers of Wall Street are all given some unfair advantage over the average consumers and taxpayers and the cumulative effect of the people watching selfishness prevail over the public interest has been an undermining of the public’s trust in the present US government. There’s no question that Wall Street is rigged against the average consumers and taxpayers. Wall Street has a lot more information. Wall Street jerry-rigged the system so that Wall Street always win. If Wall Street loses trillions, the US Treasury will bail the Wall Street out so it can go back and do it again.
    50 trillion dollars in global wealth was erased between September 2007 and March 2009, including 7 trillion dollars in the US stock market, 6 trillion dollars in the US housing market, 8 trillion dollars in the US retirement and household wealth, 2 trillion dollars in the US individual retirement accounts, 2 trillion dollars in the US traditional defined benefit plans and 3 trillion dollars in the US nonpension assets. Greed, arrogance and incompetence created a massive meltdown, cost trillions, and still Wall Street comes out richer and more powerful.
    There are trillions dollars of new money taken again from Americans to make deals and hand out outrageous bonuses. And when these trillions run out, Wall Street will come back for more until the dollar becomes junk. The value of the US dollar declined very significantly during the last 70 years. The value of the US dollar in 1940 was worth 2,000% more than the value of the US dollar now.
    Many big US manufacturers are outsourcing to Mexico and China to increase their profits, adding more unemployment in the USA. Manufacturing jobs in the USA declined 37% between 1998 and 2010. Since manufacturing industries has declined in the USA, the US competitiveness in the global marketplace has also declined.
    Robust financial markets don’t imperil capitalism. In the early 1980′s Wall Street began to escape reasonable important regulations of the marketplace. The US government gradually adopted a “too big to fail” policy for the Wall Street, saving lenders with failing businesses from losses. The demise of Glass Steagall act helped spawn the credit crisis by allowing the Wall Street to create financial instruments that allowed them to escape reasonable limits, including constraints on speculative borrowing and requirements for the disclosure of important facts. The extremely lucrative hedge funds and other risk management derivatives including credit default swaps don’t fund or invest in successful growing businesses. The credit default swap market was the single biggest cause of the crash 4 years ago.
    Wall Street’s suicidal capitalism built on rampant speculation eventually posed an untenable risk to the US economy—a risk that culminated in the trillions of dollars’ worth of the US government bailouts and guarantees that the US government scrambled starting in late 2008. But in 2008 the US government was compelled to replace private risktakers at the Wall Street with government capital so that money and credit flows wouldn’t stop, precipitating a depression. As a result, these Wall Street became impervious to the vital market discipline that the threat of loss provides. Wall Street lenders of the financial markets continue to understand that the US government would protect them in the future if necessary. This implicit guarantee by the US government harms capitalism and economic growth.
    The top 6 US banks had assets of less than one fifth of US GDP in 1995. Now they have two third of US GDP. The financial crisis was created by the biggest US banks to consolidate power. The big banks became stronger as a result of the bailout by the US Treasury. The big banks are turning that increased economic clout into more political power. Wall Street has undue influence on the US government policies and this situation reflects a failure of democratic representation for the other 99 percent Americans.
    Oligarchy is the political power based on economic power. And it’s the rise of Wall Street in economic terms, that it’d turn into political power.Wall Street will then continue to feed that back into more deregulation, more opportunities to go out and take reckless risks and capture trillions of dollars.
    Wall Street only has the lobbyists. Today more than 42,000 Wall Street lobbyists manipulate USA’s 537 elected officials with huge campaign contributions that fund candidates who support their agenda. It no longer matters who’s the President of USA.
    The political and economical leadership of the US has chosed to cartel profits and transformed the US economy to serve the colluding and unlawful oligarchy. The political and economical leadership of the US is bailing out failed paradigms with trillions of dollars while committing social injustice to its people. The political and economical leadership of the US including the US Congress have now become Wall Street’s “Trojan Horses”. The US banks are borrowing money at near zero interest from the US government, then lending it back to the US government at even mere fractions higher interest than they are paying. The net interest margin made by the US banks by lending the money back to the US federal government in the first 6 months of 2011 is 210 billion dollars.
    Due to the oligarchs’ rapacious looting and their purchase of a politically protected luxurious lifestyle, the people of the US are on the road to permanent serfdom under a police state. The democracy was not given to the people of the US on a platter. It is not theirs for all time, irrespective of their efforts. Either people of the US organize and they find political leadership to take this on or they are going to be in deep trouble.
    The failure of governance to address the current critical issues have already produced catastrophic consequences. Now we are experiencing a major global paradigm shift and it is still unfolding. Thirty-two US states including California, Illinois, Nevada, Arizona, Florida, New Jersey and Michigan are on the brink of insolvency as their tattered and fading economy is now more dire than ever. Inevitably in very near future the US government will order police or military to martial law which may lead to a second American revolution.

    “There is no calamity greater than lavish desires, no greater guilt than discontentment and no greater disaster than greed”
    – Laozi
    “Greedy desire is endless and therefore can never be satisfied”
    – Buddha