ghettoification of the united states

I don't like to write about governments and economies, but I guess I should document what's going on, cause it's only going to get worse, and after all, this is what people are going to write in history books eventually, and I hate revisionist history! It must be because I'm Native American. I'd rather get it from the source, and blogs are the new "oral tradition."

The US economy is slipping down a slippery slope day by day further into higher rates of unemployment and furthering stagflation- a stagnant economy with inflation. Obviously, there is a huge recession going on, and because America has dipped its dirty little fingers into innumerable pots around the world (globalism, exploitation) it has additionally affected many other global markets which now depend on our success. I never really pay attention to things like that, because I don't think of them as super important (even though they are, I just like to be immature about the situation). It seems like every day the stock markets are either up hundreds of points or down hundreds of points. Nothing is stable at the moment, all the banks are failing, and being bailed out by the government. Also, all of a sudden, cash seems to matter a lot more. I guess that's the fist thing they teach you in economics classes- that all of money is based on nothing, the only thing the economy and American currency is based on is faith. Which means cash money is the only real currency. I've never taken an economics class yet. I need to.

The government is using tax dollars to bail corporations out- including the failing car manufacturing industry. I saw fuck em, and all the people connected to them! They never tried to expand or evolve the industry, and if you can't adapt you can't survive. That's how things work in a capitalist society. Wow, I wonder if gas burning cars might have had a hand in global warming?

Inevitably what does this mean for someone like me? Next to nothing, aside from the "ghettoification" of the united states. I always thought everything was going to be nice forever. In a lot of ways, it seems like the United States just fucked all the other countries in the world over too many times, and now things are starting to balance each other out.

I'm hard pressed to see what the financial services industry actually does. It seems like it would be the kind of job where you pull little schemes here and there to move around already rich people's money into sketchy areas so everyone somehow makes more money, then skim off the top. On a more fundamental level, the financial services industry is analogous to a pimp or drug dealer. Personally, I have next to nothing, never more than a couple hundred in the bank, so it seems logical that it won't disappear, unless America gets really ghetto really fast, and all the banks money disappears. P.S. where did all this lost money go? How can the goverment go to a bank, and be like, "OK, you're supposed to have 50 billion dollars. Where is it?" and the bank replies "We have nothing." Why are the only power and wealth structures in America continually being fed more money, and now be fed so much power that the government just does whatever they say, including giving them hundreds of billions of dollars of MY (taxpayer) money? What's really ghetto is how unchecked and unregulaed all of this is...

At the moment, it seems like Obama will not be remembered favorably in the future, because he's not going to have any money to make any of the changes promised during his campaign. But then again, I'm registered with the Green Party, and see Obama and Mccain as 2 sides of the same coin. Simple economics...

So how will America look in 10 years? Probably just as big as ever, only ghetto everywhere. I guess everywhere is going to look like Target, while the European Union, Japan, and fairly soon after that China and India (who would have thought) quickly surpass America in all levels of progress, standard of living, success, (and GDP).