We have all heard about planned obsolescence. The auto industry does it with annual model changes. Intel does it with computer chips; Microsoft does it with every change in Windows. Hell, even razor blade manufacturer so it.
But planned impoverishment? To what end?
OK, how about this? Total dependence on Government.
The US stock market has dropped 20% since the beginning of the year, and it’s only the beginning of March. This is on top of the 40% drop last year. People are watching their savings and investments evaporate before their eyes. Plans for retirement, education, a home are being abandoned. The wolf is creeping closer to the door.
And what is our “Hope and Change” leadership doing about it? Having announced that Tim Geitner is in charge of the economy, they act as if that fixed the problem. And having proposed spending over three trillion dollars on pork this year, Team Obama has decided it’s priorities are nationalizing health care, making the world one, ending all war, freezing the earth’s climate and making Arabs and Jews love each other.
If I were a suspicious man, I would suspect that Team Obama is not unhappy that people are losing their financial independence. It’s much easier to control people when they don’t have “go to hell” money.
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