Today corporations and their lobbies rule the world - business Lobby presses agenda before 08 votes. What to say about the Democratic party of the rich?... or how to explain the nasty side effects of political Free Lunch enriching the wealthiest Americans at the taxpayers expenses? David Cay Johnston (author of Free Lunch) gave an interview on democracynow.org in which you can hear that the mogul Donald Trump earned millions of dollars, using a tax advantage (read: loophole) for the poor. Allo Houston?!
Everything is neither true nor false because everything can be used as a double-edged sword, to do evil and good. Four thousand years of history teaches us that. Forget about the bottomless and corruption one minute and think of our inextricable demographic headache. Now that the birth rate in the so-called rich countries has gone south since the 1980's, unless taxes are raised drastically, who is going to pay for social security and other entitlement programs? So where are the rewards of that 'altruistic group thinking' exactly when now faced with the stupid boomer myth and the coming Wave Of Illegals Turning Into Tsunami ? At the same time let's take the charity of rescuing addicts despite themselves bringing cartels hundreds of billions yearly... and has filled prisons with a record amount of inmates. The U.S. prison system has now proven a costly and harmful failure. What has achieved all those government's education programs in concrete terms? Nada... Maybe this time, the coercive psychiatric establishment, that sold us the depression of Tony Soprano for the sake of profits and power, will end up being right on the target.
How to get back to sanity? Although the numbers may have different values in other galactic systems, here on Earth, their intrinsic value cannot be denied. The problem is that it is easy to debase money. How so? With too much credit flooding the market. 'Usury' is thus the culprit #1 of the upcoming global demise. 'Usury' has been around for centuries because people are always eager to spend beyond their means and are lazy to save. But since the day of Reckoning is approaching fast, it is time to admit to the following: Usury or IOUs, commonly called Fiat Currency is in fact a Destroyer of Labor - Destroyer of Capital. So far the only outspoken monetary reform advocate is Congressman Ron Paul who Introduced 'Bill To Refrom the U.S Monetrary System in 2003. He was followed by the State Representative, Henry W. McElroy and his Monetary Bill in July 03. The Nevada State Ruled The Fed. Reserve as unconstitutional in March in same year. And much more recently, the High Priestess of US Monetarism indicted The Fed - who will be next?
What will have earned the Chinese sweatshops when the so-called rich West will no longer be able to borrow? The World Debt pyramid is crumbling.
There is too much fiction involved here, CNBC Cramer yelled as of 01/07. Cramer continues:
We now banks which do not know what they are doing...
Where the heck is the S.E.C? ... I have never seen this
level of fiction... I don't know if I would want
to tell the truth: this is too dangerous... the American
people should be fed up with
On the other side of the Atlantic 'European shops saw trading crash in November, the EU statistics agency said this month, adding to signs that the economy may be slowing', a CNN article revealed as of January 8. Even the Euro at risk from Europe’s economic storm. Darker than a parody: US could spark global fall and trigger global recession this year and stymie years of robust growth in Asia and Africa, the UN said last week. Since the current rate of house price decline will destroy $2.2 trillion of wealth this year, we can grasp why the credit card debts are set to soar as does non-payment.
Many now worry that the Good Times were mostly a mirage. This global upcoming credit crunch will be a Crisis that may make 1929 look a 'walk in the park' and is going to morph middle-class citizens into 'Tycoons of Debt'. Banks, worldwide, are getting prepared for a brutal stock market capitulation whose impact will detonate first a $700 trillion derivatives scheme which Buffett himself called 'financial WMDs' in 2003. Ambrose Evans-Pritchard, in Davos, wrote as of 1/24 that the US is about to slide into the Dangerous 1930s 'Liquidity Trap'. There is more: according to Paul Craig (former Editor of the Wall Street Journal), 80% of Americans Have Experienced a Falling Share of US Income. There will be No Escape from War and Unemployment, he adds. A Trends Guru is actually foreseeing 'Wall Street Crash', that everyone's going to be living out of storage lockers and the government won't be able to help. How surreal does it sound? Until it is understood that the power game and highway spending frenzy come with strings attached, the death of the economy will remain the economy of death.
"Naturam non vinces nisi parendo." (You will not master [conquer] nature unless you obey it.) -- Roger Bacon
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