by Tim Williams

Created on: January 16, 2010

   In order to fully recover from the failed financial policies of the past 10 years while some of these policies were already triggering the economic meltdown of 2009 long before George Bush ever took office; we have to understand how the financial institutions completely through the book away regarding prudent and economically stable procedures. In particular how a country as great as the United States is and how America projected an image of invincibility regarding financial stability, this facade eventually crumbled from the enormous amount of fraudulent business practices in individual and commercial mortgages. This gross misconduct of our financial institutions created the worst economic disaster since the Great Depression of the 1930's. What transpired in the United States affected every nation thus creating a world wide economic disaster. Now, the lessons of history must be involved in creating the plan of direction for the United States in rebuilding the economy and enabling this country to produce long term growth, national security, while enabling every citizen to be able to achieve their own financial stability and allowing all to be a contributor to the nations future.

 Wealth is a tool much like dynamite. It is how it is used that determines outcomes of ones actions. With tools such as wealth comes responsibility. Determining how it is used is crucial in the direction one takes and how it affects society. For the past 30 years an escalation of the misuse of wealth in the United States helped enormously in creating the current economic climate we are in. This is almost the same type of scenario that occurred from the 1920's to the mid 1930's. It was only through the correct use of wealth that helped alleviate the economic crisis of the 1930's. Today in the United States there is still great wealth of some individuals but attitudes have changed in the last 80 years. Does the American public have the national conscious regarding unselfish concerns for the national welfare? The future is relying that we do!  Like in 1935 some wealthy individuals helped President Roosevelt in supplying the government with private funds. This enabled the WPA and other public works projects to be established and allowed unemployed Americans the opportunity to regain employment and at the same time our infrastructure was vastly improved.

Today the need is more apparent than ever that this type of relationship between private citizens

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