straight talk

Impact, Impact, Impact do you really know it or realize it?



Posted: Thursday, December 11, 2008

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The continuing growth in unemployment is placing a severe load on many states who must by law provide unemployment benefits. Since many states are approaching fund insolvency they are under duress not to raise taxes or cut benefits so they borrow. This will mean someone has to pay the tab somewhere up the road. Zero, from zero is still zero so do you know who?

New York has about two months left, Indiana one, Michigan already a bust. California in big trouble, Florida worried about 2.5 billion, need one go on? The need, well what do you think? Like I say, wait until 2009 Amigo or should I say Amero?

Now how many people have already exhausted their unemployment and can't find work of even the most menial kind? A bail out is supposed to be coming. "Yes help is on the way", too late for some when your under the quick sand already and for how long? Yes more money but from who, you got it, the Fed.

Hey I realize this is not good news and negative but reality today that we all must think about and not just hope will go away. 38 states reported they expect to be in the red by the end of next year. The NCSL said as bad as it looks it may "pale in comparison to what looms ahead". Yes hello Amero.

So what does that mean and what are real possibilities for services like Medicare and Medicaid? People services. You got it, maybe, cut and trim. What do you think? Yes and the answer lies in more money thrown at it all by the Federal government, hello again Amero. What we are talking about is the size and scope of the problem. Hey honey who ate all the cookies, the jar is empty?

Bottom line, the real issue is The federal Government will have to be the savior. Yes and who is that? You got it We the People, that is We the People who still HAVE? Yes and the value of the dollar, well it will continue to fall. More money less value, a law of economics in simple terms. The money is devalued, how very strange ? Simply Speaking it can get no plainer?

So sit on your duff, feel secure, be arrogant or feel aloof. The bottom line is what goes around comes around and it is coming soon, if it hasn't already struck home. We disparately need action NOW and it is not coming as long as you sit on your duff and let them go "home for the holidays".

This is like the Titanic, a ship of fools, who were arrogant, brazen and prideful even as the ship goes under it drags down the innocent with them. Just what does it take? One has to seriously wonder?

.Robert T. Melaccio Sr. 2008 Copyright 2008 Robert Melaccio Sr.



Robert Melaccio Sr. has worked in the computer industry for 40 plus years in a diversified business and managerial environments. He enjoys freelance writing, giving seminars for young adults and teen groups as well as being an accomplished award winning poet of published poetry. He has worked teaching and as a youth minister. He is married and has three children and three grandchildren.

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