Tuesday, October 7, 2008

it just keeps getting worse

Are you as freaked out as i am? The stock market is plummeting and today it dipped another 500 points. the economy is in turmoil. We aren't going to see a calm in this storm for a long time. no matter who gets elected, bush has screwed the American people. in his effort to go down in history as 'th worst president ever', this could be his last ditch effort to keep rich people rich and fuck everybody else. Leaving his mark on the history books, realistically not achieving the intended effect in the 700 billion bailout plan. We still haven't heard the specifics of this package. since this plan has come into effect the stock market has gone down over one thousand points. what the fuck? we can not afford four more years of bush's people raping the taxpayers for their political gain, for their friends in the oil industry.

The Great Depression began in October 1929, when the stock market in the United States dropped rapidly. Thousands of investors lost large sums of money and many were wiped out, lost everything. The 'crash' led us into the Great Depression. The ensuing period ranked as the longest and worst period of high unemployment and low business activity in modern times. Banks, stores, and factories were closed and left millions of Americans jobless, homeless, and penniless. Many people came to depend on the government or charity to provide them with food.

The Depression became a worldwide business slump of the 1930's that affected almost all nations. It led to a sharp decrease in world trade as each country tried to protect their own industries and products by raising tariffs on imported goods. Some nations changed their leader and their type of government. In Germany, poor economic conditions led to the rise to power of the dictator Adolf Hitler. The Japanese invaded China, developing industries and mines in Manchuria. Japan claimed this economic growth would relieve the depression. This militarism of the Germans and Japanese eventually led to World War II (1939-1945).

In the United States, President Herbert Hoover held office when the Great Depression began. The economy continued to slump almost every month. Franklin D. Roosevelt was elected President in 1932. Roosevelt's 'new deal' reforms gave the government more power and helped ease the depression. The Great Depression ended as nations increased their production of war materials at the start of World War II. This increased production provided jobs and put large amounts of money back into circulation

I really hope we dont have to deal with a geriatric conservative with brain damage who will most likely die mid term only to relenquish his office to a delusional born again christian who believes that man and dinosaurs co-existed. Not even her GOD should allow that.

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