Well the number one culprit would have to be greed an unquenching greed and dishonesty. The financial service sector wanted to play off their troubles like it was no big deal all along they knew they were headed for trouble. There is no regulation in the industry, these companies can say whatever they want to say and they did.
The truth caught up to them and their real lack of assets and now they are falling like a deck of cards. It was all just numbers floating around with no one to check and see if the numbers or money was real. Apparently it was not.
Which brings me to the real cause I believe all of this is happening. It is our cowardly, incompetent, no good, useless US Government. Scared to fight for the American people and instead backed down to Corporate America. Letting them have their way.
These companies did not want regulations from the Government and now they are screaming for the Government to bail them out. How about bailing the American people out of your mess.
These companies with their lobbyists buying Washigton and making their own laws so they could make tons of money. They did not want regulation so the Government cowardly folded to big money and the companies got their way. Once again Washigton doing what is best for their Corporate buddies and not the American people.
Lobbyists run Washigton and elected officials. The 2 candidates running for President both have lobbyists in their campaigns. They are both talking change, ok get rid of your lobbyists and stop taking their money. That’s not going to happen. Both candidates are liars.
You can thank your elected officials in Washington for this mess. Their Republican and Democratic parties where filled with money not to regulate the industry and big companies won and the American people lost, as usual. Both parties are guilty.
Every politician that sits in Congress should be fired and sent home. They have done a terrible job looking after the American Dream. They need to serve the people of America not special interests.
I think you get the picture.
More big companies are going to fall and so is the financial landscape of America and the rest of the world is going to pay also.
The financial wound has just been opened and bleeding and the wound continues to get bigger. When will it end? Are we headed for a depression?
Time will tell.
Posts Tagged ‘American’
American Economy-discover the Real Reason the Economy is Collapsing You Will not Hear on the Nightly News
Covered Bridges – Discovering A North American Living History
Covered Bridges first appeared in the U.S. around 1805, but the history of these monuments to another age date back thousands of years to China. Covered bridges had also existed in Europe since medieval times and there were once hundreds of them in Switzerland, Austria and Germany.
But it’s here in the Northeastern U.S., where wooden covered bridge design and construction reached its pinnacle in the nineteenth century. A combination of pressing need, plentiful old growth northern forests, and sheer Yankee ingenuity, advanced the development of wooden covered bridges to a rare combination of marvelous engineering feats that were also pleasing to the eye.
WHY SO MANY COVERED BRIDGES IN THE NORTHEAST?
The northeast is a region of rivers, streams and creeks. As the population surged out away from coastal areas into the forested interior, villages sprung up near water sources. The water source was used to power mills in these towns, and villages often developed on both banks of a stream or river. Bridges were the obvious answer to connect these divided communities, and provide access for townsfolk to things like school, worship, and supplies.
But why cover them?
While much speculation has been put forth on this topic; the simple answer is protection against the weather for the bridge. Here in New England, where I live, covered wooden bridges last about three times as long as those exposed to the elements, and reduce bridge maintenance as well. During the 19th and early 20th century very few bridges built were not covered.
INTERESTING FACTS ABOUT COVERED BRIDGES…
Most historians agree the first covered bridge in America was The Permanent Bridge completed in 1805 in Pennsylvania, originally designed by Timothy Palmer from New England. The longest known covered bridge is The Hartland in New Brunswick, Canada, which at 1,282 feet spans the Saint John River.
But perhaps the most famous covered bridges are in Madison County, Iowa. The Bridges of Madison County used to number 19, but today only six survive. Robert James Waller’s novel, and the movie of the same name, popularized these bridges to millions worldwide, and also provided evidence that covered bridges in North America are by no means limited to the Northeast region.
A question often asked is why so many of the bridges are painted red on the outside?
Historians believe the red coating makes the bridge seem more like a barn to a horse, and as horses tended to be skittish about crossing above flowing water, the illusion helped farmers and travelers navigate the obstacle with little incident from their four-legged friends.
THE CHANGING FACE OF THE COVERED BRIDGE IN NORTH AMERICA
As the twentieth century progressed bridge construction changed and metal manufactured truss bridges became first choice over wood. The ease of construction, increased strength, and low cost of these metal bridges became too overwhelming to ignore for budget conscious communities in the U.S.
The “work horse” bridges of the 19th century gave way to economics, and most wooden covered bridges in the U.S. quickly disappeared, except for the 800 left for admirers to view today. [...]
American River Rafting Family Fun
The South & Middle Forks of the American River are the two most admired destinations for white water rafting in California. Their closeness to the San Francisco Bay Area, Sacramento and Lake Tahoe areas provide quick day trips and overnight escapes for adventurous participants of all ages. In fact, you will find American river rating a very enjoyable and fun family vacation or trip.
You can choose from among half day, one day, two day and three day trips to American River rafting. For those people, who are pressed for time, a half-day adventure trip has also been offered. It includes a morning or an afternoon trip. Both of which cover about 10 miles, and cost just $79 per person on weekdays and $89 on Sundays. Meals are not included.
Since South Fork is in close proximity to many metropolitan areas, it is quite convenient for people to go on rafting trips and then come back home, with plenty of time to relax. You could even raft in the morning and then have time to go hiking in Lake Tahoe in the afternoon. If you’re looking to escape the world for the weekend, a 2-Day option will allow you to enjoy the river on a more leisurely schedule–and you’ll have the opportunity to see both sections of the river.
You will be provided comfortable shuttles, floatation devices, helmets, paddles, and sumptuous dinner as well as lunch. If you stay overnight, you can enjoy a world-class dinner in your camp that will be prepared by your guide. You can also expect evening fireside chats and tent-style camping under the clear skies of the Sierra Nevada Foothills. After rafting, you can even explore the local flora and fauna, thereby teaching your children about nature and its’ rich cultural heritage.
American River rafting is an exciting and thrilling adventure which you can enjoy with your family and friends. So, next time if you are planning to go for a rafting trip, don’t forget to go for American River rafting.



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