Thursday, October 16, 2008

John Doe said...

"I am an American that immigrated to Australia in 2001 (after Bush took office). My wife and I didn’t like what we saw coming. Politically, culturally, financially and socially.

When Big Media first started covering the US’s economic problems here in 2008 they drug out the old phrase “When America catches a cold Australia gets a flu”. Two plus years on and this couldn’t be further from the truth. The economy here is going great guns, and demand from Asia and a better government are a good part of the reason.

House prices are having solid gains every year, unemployment is reasonably steady, and the federal reserve is trying to raise interest rates to cool the economy (.25% again today)

To that point, the government here doesn’t subsidise 30 year fixed mortgages the way they do in the US, so they can still manage the economy by slightly manipulating interest rates. The longest you can fix a mortgage for is 5 years, at a very high premium, so most people don’t.

America has become an after thought, if not the laughing stock, of many Australians. It saddens me to see how far everything has fallen over there. I no longer try to defend the US or the American people. The time for real public outrage passed many years ago, and I have not only given up on the government, but also on the people themselves. So many dear family and friends spend their lives watching TV while their freedoms, lifestyle, culture and wealth were/are being destroyed around them. Ignorant and apathetic to the realities of the real world. Living with some strange notion of the past as if it represents the present.

Not all is doom and gloom here. And although it could still come, if it does it will have little, if nothing at all, to do with the problems in America."

We're living in the past and watching TV loosing our freedoms? At least our two party system is made up of Republicans or Frankfurt School & Trotskyists. The American congress doesn't have your coalition.

No comments:

Post a Comment