No one mentions the real cause of the problem which has had the effect of our slowing our economy here in Broward County and in every County in the USA !
The middle class , which represents the majority of buying power of the USA . has been damaged and diminished in buying power by some selfish, corrupted, shortsighted National Bureaucrats, , and Republican Congressman. I hoped that the Congress would correct this stupid neglect of unregulated power of .... Nationally Chartered Banks under the Republican majority..(bringing down the protection against unleashed power) by destroying The Glass- Stegall restrictions on bank's powers . The Republicans are not speaking up for THE MIDDLE CLASS, AND SMALL BUSINESS OWNERS DRASTIC RAISE OF INTEREST RATES TO 29.99% AND HIGHER, AND THE ABSOLUTELY RIDICULOUS CUTTING OF CREDIT TO THE SMALL BUSINESS OWNERS AND RETIREES ! Only the Democrats spoke against the ridiculous $5 monthly charge for using your debit card! The Republicans in Tallahassee are not speaking up for the retirees and Middle class in Florida! The effect : Our small business CREDIT BORROWING POWER HAS BEEN CUT 75- 95%! Therefore no hiring, no buying , no eating out , no expansion ! This common sense understanding of strategic planning is called"Cause & Affect" x millions in Florida & all the States in America .Guilty Banks: HSBC, BANK OF AMERICA, CITI BANK,& OTHERS ! (WELLS FARGO)
"Cause & Effect".. The Effect:
Cut off the buying power of the two biggest majorities of buyers of goods and services will cause businesses, vacation destinations to eventually close down and lay off their work force. Properties BECOME EMPTY AND VALUES and tax base goes down ! Teachers and public workers laid off ! Cities go bankrupt ! With the increase the price of gas 40% or more, like over the last 4 years destroys the American Middle class,which will reduce the buying power of seniors and small business owners hiring employees and contractors ! South Floridians stay home. Not good for the economy !
Stay tuned for the Solutions! Please send your comments . Thank you.
At Your Service, Beverly B. Kennedy , Feb. 5, 2012
