Jobs to rebuild roads is not the answer. Loans to small businesses so they can go further in debt is not the answer. Focusing on "job growth" is also not the answer.
The answer my friends, is the blown credit rating our bankster friends (with the government's approval) attached to those consumers who protest ultra high credit card interest rates and student loan interest rates by refusing to pay them if they are not lowered.
The government and the banking jihad have linked any negotiations in lower interest rates for consumers who are trying to responsibly pay down their debts with a credit rating penalty. So, in trying to pay down their credit card debts, any new loan will simply reflect additional penalties that offset the offensively high interest rates the consumer was trying to get reduced.
If you were owed trillions of dollars, and your debtors told you they could pay back the existing debtload if you reduced their interest rate to 1.9%, otherwise they would have to default, would you as a responsible banker, prefer GETTING ALL OF YOUR MONEY BACK plus a small profit as well, or default?
Clearly the federal reserve printing money, as much as they want, has caused our government to be unresponsive to main street, and when Barack Obama speaks this Thursday about jobs creation, it will be nothing more than banker speak.
Barack Obama is a banker in a suit, portending to be our president. Obama will say nothing in his jobs speech about extending the infrastructure value of main street's existing wealth generating capabilities by simply reducing onerous interest rates such as Target charging it's customer's 22.90% interest on the purchase of food and merchandise from Target Stores.
The present banking and governmental system will not give an interest rate reduction to consumers who are trying to PAY DOWN their debts unless they are given a scarlet letter on their credit rating first, and that is why our economy is stumbling and fumbling.
