6 Reasons We Won't Get a Recession

Reasons for the Recession 2008

When Ronald Reagan, took office as president, the National debt was $1 trillion and when he left the debt was over $2 trillion. And now here it is 2008, the National debt is $9.3 trillion. And now Iran, no longer accepts U.S. dollars for oil

who, happens to be the second largest oil distributor in the world. With Americans' dependence on oil, gas, and home foreclosures, and high food prices, along with outrageous high credit card rates the American people will be slaves to debt, because the private bankers, IRS, and Federal Reserve are not about getting people out of debt, but keeping them in it. When you also consider the cost of our troops, in the Middle East to be over $13 billion per month, it would be virtually impossible not to consider a recession. One must also consider large companies that are outsourcing,for more profits and cheaper labor, while at the same time not bringing those profits back into the U.S. The American people also know that it is cheaper to get medical and dental outside the country. The airlines

have also taken huge financial losses due to FAA guidlines. But I tell you the truth, many people will put their head in the sand, to avoid seeing the reality of what will come to pass. I hope I'm wrong, but the evidence is pointing right to the recession,

that I believe we are currently in. One way to help the ecomomy in these times, would be to abolish the unconstitutional Federal Reserve and IRS.

William Rist of CO @ May 04, 2008 00:08:20 AM