The Big R and the Great D

Big news is a buzz and people are doing more than talking about the current state of the U.S economy. While the majority of the working U.S took the day off to celebrate Martin Luther King Jr. day, signs that the U.S dollar was receding to a weaker state. The Chinese and German market fell sharply and it was due in part to a response of the short comings the dollar has seen in the last several months. It doesn't help that our economic leaders have proposed an economic stimulus package that will end up totalling 150 billion dollars and giving back a total of $1200.00 to a full family and close to $600.00 to a single tax payer. It's a great idea and opportunity to stimulate the economy but, considering the last time that the Federal Reserve decided to give back to the taxpayers in the form of a stimulus package, the majority of tax payers SAVED that money. What a joke right!? Wouldn't it be more prudent to spend 3 million dollars on a nation wide poll to determine of the money would be spent or saved PRIOR to presenting a new economic stimulus plan!? It's pretty silly, but I suppose crazy enough to work. Obviously the area's that are impacted the most are big cities like San Diego, Los Angeles and even small towns like Clearwater Beach FL.

 Is there a recession going on? It's pretty clear that we are in a state of recession, but the general public is having a hard time of that title actually sinking in. I was scanning the New York Times today and read that a 3rd world African country released a 10,000,000 dollar note of their national currency.... that is laughable considering that that note equals about 4 U.S dollars. Every great civilization WILL fall, but we have learned a lot and have predicted that these factors would be hitting our soil -- It's really a matter of how we handle these next few moves or else it may be CHECKMATE!




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