Conditions auguring the inevitable social unrest run the gamut from:

1. 20 million unemployed and looking, no longer looking, underemployed. Real
unemployment at 23% http://www.shadowstats.com.

2. Feeding America reports that there are more than 37 million people, one in eight
Americans — including 14 million children and nearly 3 million seniors.– going
hungry every day.

3. Due to the slumping economy, only one in three teenagers will have a job this
summer. Anthony Mason reports (http://www.cbsnews.com/video/watch/?id=4233387n)
on the lack of employment for this nation’s youth….4 million 16-21 year olds
looking for summer jobs.

4. 48 million families below the poverty level.

5. 50 million without health insurance.

6. 63% of pubblic grade school teachers buying food for hungry kids

7. 3/5 of all jobs lost during this recession were cuts from small businesses

8. 30% of all small business commercial loans will not be refinanced or rescheduled.

9. Commercial foreclosures will increase. About $814 billion in commercial
mortgages — for apartment houses, office buildings, shopping centers,
warehouses and hotels — are expected to mature this year through 2011, with
$250 billion due this year, according to Foresight Analysis.

That means borrowers will have to raise more equity, which is expensive, or
lenders will have to foreclose or extend loans, hoping values will rise again..

10.Those firms that go under will contribute to unemployment, residential
foreclosures, and burdens endured by the poor.

11.The “Too Big To Fail” syndrome will be repeated and even more money will be
handed out to these fraudsters.

12.Sales of weapons and ammunition have skyrocketed nation wide.According to FBI
statistics, there were 12.7 million background checks on prospective gun buyers
last year, compared with 11.2 million the year before. While checks typically
increase toward the end of the year, they spiked sharply at the end of 2008. The
figures show a 27 percent increase in the last three months of 2008 over 2007.

All of the above contributes, significantly, to the disenchantment of the public with the Administration and Congress over policies on jobs, health care, energy, and war. The sparks of anger now flying will be fanned into flaming rage by radical groups seeking what ever attention they can for their points of view.

I hope I’m wrong. Right now there’s just too much evidence pointing to the high likelihood of social unrest. Even if there were no potential for civil unrest immediate mitigation of the above conditions would be the order of the day. How to get there is not a difficult step where elected officials accept the fact that we are in an emergency. A crisis. Indeed we are facing a situation that poses a clear and present danger to this nations stability.

Financial constraints posed by traditional fiscal and monetary policy must be abandoned for the unconvential but perfectly workable alternative of monetizing the debt of national, state and local governments. Only that debt that is government-to-government or represented by bonds issued for public sector investments should be monetized.

Government should then capitalize, again through monetization, public assets such as transportation, parks, buildings, etc. This would capitalize a state-owned bak which would then have credit creation capability with which to fund infrasturcture programs, health, education and other social saf=ety net programs reduced by cuttbacks during the recession.

These funds could be allocated interest free. http://www.webofdebt.com/articles/fiscal_responsibility.php

Another alternative since inter-bank interest rates are near zero, the President could declare a moratorium on debt service payments on exisiting and new debt for the next three years. The nearly $300 billion saved could should be reallocated to the states for employment and feeding programs.

There is a way out, we need only have leaders who lead us to the light of progress and resist shrinking further into the cave of darkness and destitution.

They should be afraid of the millions without jobs..but a large portion of those layed off still blame the left and the poor and unions and Socialites for this mess. they still swoon at the verbal garbage being spouted at them from the GOP and their propaganda ministry..
I for one do not understand how they can believe the bile spewed into the airways..Maybe its easier..something psychological, to blame the weak..for needing help from the wealthy and to believe that they must protect the rich from this “Socialist” threat…after all most
( lower cast ) Republicans think that they are on the winning track and will be rewarded..and become part of the (upper cast thieves). I hope they are good at holding their breath..there’s not chance they’ll get the invite.
The threat to the elites is much reduced when you count out the faithful from those holding them accountable.