This story received scant coverage in the major media for two reasons; the mainstream media knows these stories hurt democratic and liberal candidates, and it highlights the extreme danger we face every day from our lack of enforcement on the southern border with Mexico.
This terrorist plot was revealed from sources in a Mexican drug cartel and is considered credible. It reveals how dangerous the job of border security is and reveals the failures of the Bush administration and our congress to take this issue seriously. There is a war on our southern border and the stakes are high. We have drugs and terrorists crossing with sophisticated weapons and we go about our merry business without even a flinch of the eye.
As many border security advocates have been stating; our southern border is a military zone and needs the attention we would give to it if we found out tomorrow Chinese troops were crossing the border, and holding the citizens of Laredo Texas captive. The people crossing our border are not just coming to pick our crops and steal our jobs; we have terrorists and drug cartels hauling in weapons to attack our military bases and security personnel. The targeted base in Arizona trains our men and women in counter terrorism, and is a high value target for any terrorist organization or anti American group to take down.
As we are being attacked from the border, at the same time we have our financial institutions mis-managing our finances and reaching out to Middle Eastern oil rich countries to bail them out from their stupid decisions. Here is an excerpt from the story;
“Citigroup Inc., the biggest U.S. bank by assets, will receive a $7.5 billion cash infusion from Abu Dhabi to replenish capital after record mortgage losses wiped out almost half its market value”.
Why is Citigroup in trouble? Because they lent money to people that they shouldn’t have. They gave out interest only loans like candy for the past 4 years and now they are in a situation where these people can’t pay back the money. Surprise, surprise, you don’t need a Harvard business degree to see the problem with the current subprime market crisis. People were “encouraged” to borrow money they couldn’t afford, and now these banks are scrambling to keep the entire capital market from going belly up. So because of their greed and stupidity, we are being leveraged by countries that one day, mark my words, will have influence on our policy that will not be good for us. Just like the Chinese government, where we should be cutting off trade because of their human, and environmental policies, we can’t because they hold so much of our debt. Our debt is the product of greedy companies and stupid politicians.
So as we head into this holiday shopping season, keep in mind how being debt free is really the core of your personal freedom. When you owe people nothing, you control your destiny. When you are mortgaged to the hilt, you control nothing. Don’t do what our politicians and business leaders have done to this country; spend wisely and keep an eye out for the terrorists amongst us. Someone has to…