The Next Great, Great, Depression and Barack Obaama

The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world.

Though the U.S. economy had gone into depression six months earlier, the Great Depression may be said to have begun with a catastrophic collapse of stock-market prices on the New York Stock Exchange in October 1929. During the next three years stock prices in the United States continued to fall, until by late 1932 they had dropped to only about 20 percent of their value in 1929.

Many banks were consequently forced into insolvency; by 1933, 11,000 of the United States' 25,000 banks had failed. The failure of so many banks, combined with a general and nationwide loss of confidence in the economy, led to much-reduced levels of spending and demand and hence of production, thus aggravating the downward spiral. The result was drastically falling output and drastically rising unemployment ; by 1932, U.S. manufacturing output had fallen to 54 percent of its 1929 level, and unemployment had risen to between 12 and 15 million workers, or 25-30 percent of the work force.

Almost all nations sought to protect their domestic production by imposing tariffs, raising existing ones, and setting quotas on foreign imports. The effect of these restrictive measures was to greatly reduce the volume of international trade : by 1932 the total value of world trade had fallen by more than half as country after country took measures against the importation of foreign goods.

Now I ask you. Does that sound familiar?

The Great Depression had important consequences in the political sphere. In the United States, economic distress led to the election of the Democrat Franklin D. Roosevelt to the presidency in late 1932. Roosevelt introduced a number of major changes in the structure of the American economy, using increased government regulation and massive public-works projects to promote a recovery. But despite this active intervention, mass unemployment and economic stagnation continued, though on a somewhat reduced scale.

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If you love pork then you will love the stimulus package. The stimulus package passes with zero Republican support, along with 11 Democrats as well. Apparently, there are some democrats who do not like pork as well. I am for now a vegetarian. I hope I am wrong, but I don't believe the people of America care what is in the so-call stimulus package just so long as they will get something out of it.

If you didn't get an economic stimulus payment in 2008, you may be eligible to receive the recovery rebate credit in 2009. Visit the Recovery Rebate Credit Information Center for details.

One of the problems with America is for the most they are spoiled. They have to have everything handed to them on a silver platter. I have lost my job before, and I have been laid-off and no politician or news broadcaster cared. I had to pull up my boot straps and hustle to make ends meet. I did not care what the job was I did. I worked hard and long hours, and I make more money in doing so and I did it without a bailout or stimulus check.

I have never received a stimulus check, yet the government of the United States believes this is the way to stimulate the economy. If you receive a stimulus check you better put it up, for I believe the hard times are coming. I know that is not what they want you to do but if things don't turn around you will be in a little better position.

The United States government has for sometimes cause or made it convenience for the public and corporation to be depended on government. If it is not corporate welfare it is public welfare. Big corporations flying in on their corporate jet to ask for a bailout and without even a plan for reconstruction. Listen, that is just how confident they felt about getting a bailout.

Americans, for some reason, and perhaps it is because of Hollywood, desire and want that which they cannot afford, and they want everything now. You build homes without alternative methods for providing heat for your families. I have asked the question before why did you build your house with a fireplace with the capability to cook on it as well. Answer, "I don't know".

American have been programed and shaped just the way government and society want them to be. A nearly $820 billion stimulus package passed, which will cause more people to be addicted, more dependent on government handouts. And why not, when the government as it appears to some in America, are stealing from the taxpayers, just look at what is in the stimulus package. The American people are given a few dollars and some act like a junkie getting a fix. While the people who claim to be representatives are ripping the American people off. Billions of dollars goes in Iraq and for the damage left by hurricane Katrina. Nevertheless, how much of that money can be accounted for?

American people have been shaped into a mold that is causing them to be handicap. Some do not know how to live on less, refuse to live on less. Some are dependent on everything that society have shaped them into. People in America refuse to be a pro-consumers and do not want to go back to live off the land like their forefathers did one century ago. A false sense of prosperity is like a lit fuse on a bomb sooner or later it will blow because some fuses are longer than others.

Now we need to also included in all of that those who are here illegally, who are taking advantage of all of our handouts as well. So you can see the road on which we are on. There are people overseas living off of less than a dollar a day, and remember our forefathers did as well.

Covetousness is without a doubt the biggest sin in the United States today. Carefully notice that Colossians 3:5 calls covetousness idolatry. We read in Philippians 3:18-19, "For many walk, of whom I have told you often, and now tell you even weeping, that they are the enemies of the cross of Christ: Whose end is destruction, whose God is their belly, and whose glory is in their shame, who mind earthly things." Most Americans have become their own god. Again, we are spoiled! America in particular has been spoiled rotten, to where people have no appreciation whatsoever anymore.

Jesus healed the 10 lepers, but only one returned to say thank you (Luke 17:15-17). Woe unto America! Americans don't trust in God--we trust in greed and goods! The sin of covetousness is overtaking them. We have become a land of lust. The love of money has led to every evil conceivable in America--pornography, gambling, prostitution, police corruption, crooked politicians, bad business, thievery, abortion, lasciviousness, etc. 1st Timothy 6:10 warns, "For the love of money is the root of all evil..."

See also the following:

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How President Elect Barack Obama Can Bring Real Change

Thus Saith the Lord" Should God Continue to Bless America

Was It a Miracle to Land That Plane on the Hudson

President Obama and the Use of the "R" Word