Thursday, April 10, 2008
The Politics Report: The 2008 Recession, Murder and Mayhem on the rise
I hate to say it but it looks like purse snatching season is coming back to NYC in full effect. Wait, correction, it's coming back to the whole country because guess what folks, it looks like we're in a...well let's just call it a 'R-session' (the real word is so scary I hate to even write it). But thanks to Bush Jr. and 'reaganomics' we may all be on line at the soup kitchen real soon. Don't believe the hype of the 'R-session'? Well let's just look at the signs:
1)The US Dollar ain't worth sugar-honey-ice-tea. The value of our greenback are steadily on the decline, and will most likely be replaced by Euros in the World Market place. The Yen has us beat and now the Euro? Really folks you might as well start wiping your butt with those Benjamins, or maybe even use them to roll a nice cigarette because you're going to need a smoke after this economic down turn.
2) Unemployment is on the rise. We lost 80,000 jobs this past March alone. That means those bums you know hanging out at the corner store complaining about how they can't get a job, well it turns out they were right. And don't be so smug because pretty soon many of us may be selling loosies outside with them.
3)Foreclosures are up. See#2. No job+no money=no mortgage payment. Banks losing their money=you losing your house. See you at the Y.
4) Watch your Back. According to the NY Post murder rates were up 25% in NYC in the first 3 months of 2008. Remember that movie "Warriors" with the gangs overrunning the streets? Looks like life might imitate art in some big cities real soon. For every 1% increase in the foreclosure rate crime rises 2.3%. Hungry, unemployed, homeless people have nothing to lose and will do whatever it takes to eat. So you might want to start carrying some mace or something in your purse and practice your "Don't f-with me, I'm Crazy" face for the subway. Now all you "middle class" folks who voted for Bush must be feeling real stupid. Welcome to poverty.
The bottom line is tough times seem to be ahead so before you go out and buy a fifth pair of Pradas or $500 sunglasses maybe you should start saving those pennies...then again, spend 'em, in a few months they won't be worth squirt anyway.
Is there any hope?