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"America is quickly becoming destitute and broke, leaving its citizens no choice, but to take solace in the ideals, principles and methods of many other countries..."


America's Messiah Drops the Ball

The American Financial Crisis: Running Out of Solutions  
Jean-Paul Cassone'
Saturday, June 7, 2009 

It has now become embarrassingly clear that President Barrack Obama, the promising candidate of hope has dropped America’s ball. Having inherited a ravaged landscape of “shock and awe” self destruction, created by a man who was anointed the title, “the worst American president ever”, President Obama had the majority of American’s hope and trust delivered to him on a silver platter. Literally all the man had to do was just “a little good” and the status quo would have elevated his efforts to “one of the most outstanding presidents ever” status. Unfortunately, somewhere along the way this president has gotten himself surrounded with some very misguiding advisors who are proving that the same gifted savvy used to win elections, holds no value in cultivating sound leadership.

Having not chosen to do just “a little good”, but rather embarking down a path of campaign style appeasement to as many constituents as possible is not change, it is dropping the ball in the final game of a championship and an express route to being a one-term president. In the end it will seal America’s fate to, at the very least, a lost decade. It will reward failure by rewarding Wall Street and disenfranchise the republic to a century of being decoupled from an international economy. It will make America just a vacation spot; a country club for the privileged who will go there just to take a break from the real action and prosperity outside. The three bounces President Obama’s ball took, after being dropped were: #1, appointing Timothy Geithner after it was discovered Mr. Geithner evaded paying taxes. #2, “The bailouts”, which included major funding for the same mortgages that were the very culprit of the whole financial meltdown. And #3, permitting Mr. Mark Patterson to be Chief of Staff at the US Treasury Department; a former Goldman Sachs (GS) director of its government affairs branch. In one foul swoosh he nixed his promises of better ethics, oversight and the weeding out of special interests”!


Which is why the world is now subjected to the daily spin of his manager’s, blasting “signs of recovery” and “green shoots” galore. In truth, the reality of America today is a country where 70% of its people do not participate in its stock market. They have become more trusting of gold, foreign markets and in growing instances, foreign currencies. It is a global disgrace, but America is quickly becoming destitute and broke, leaving its citizens no choice, but to take solace in the ideals, principles and methods of many other countries, which were once their very own.

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I was born in Manhattan and patted on the head at the age of 3 by Howard Hughes on the steps of an old New York A&P which had sawdust on the floors. I've had close associations with former vice presidents of Aetna, Merrill Lynch, IBM, Smith Barney and Black Enterprise and was previously in wholesale distribution for Polo Ralph Lauren. After I married, I remained in China for 3 years doing business language coaching, conceptual instructions, negotiations and research for 25 separate organizations and companies such as Total-Fina-Elf, Rockwell Automation, Whirlpool, New Oriental School, Nanhua University of Industry and Commerce, Sci-Head Patient Lawyers and True Alaska Bottling. I'm currently employed with a small publishing firm in Palo Alto, CA.



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