I see where you are going with your comment but I can't dismiss the evidence that is before us to day. $36 trillion in debt. No way to pay it back. Money printing to fund the interest on the debt. Inflation. No balanced budget. Debt ceilings always increased and useless. The evidence screams at us. The two party system is a dismal failur…
I see where you are going with your comment but I can't dismiss the evidence that is before us to day. $36 trillion in debt. No way to pay it back. Money printing to fund the interest on the debt. Inflation. No balanced budget. Debt ceilings always increased and useless. The evidence screams at us. The two party system is a dismal failure. Period. It should be thrown in the trash the same disgust and revulsion that one would have when throwing an exploded poopy diaper in the garbage. It is a disgusting creation that has failed every man, woman and child of this nation who is not of the political class. We should be ashamed of its creation and its existence and should do all within our power to eschew it, purge it from society and teach our children and grand children to avoid it at all costs.
I think our inability as yet to recognize, never mind control, psycho/sociopaths in our cultures (all of them) is our biggest political problem, more than the structure of our political systems. This failure has resulted, for example, in the iron law of oligarchy, which infects everything from capitalism to communism. It's why totalitarians rose to the top, everywhere, in the supposedly democratic West.
As I espouse regularly, government is a focus of power people, who are by nature, evil. Power people do not give a damn about people and their needs. Government, by its nature, works against its people and for its preservation.
Its the 'Temple' money magicks. You know them as the Federal Reserve. The money is borrowed into existence, only the principle is printed, never the interest. It's FRAUD from the getgo, and therefore null and void ab initio, nunc pro tunc.
For the $36 trillion to cause any form of bankruptcy, the creditors must demand their money.
Who are the creditors? What will force them to get their money? What would happen if the government just said, “You have 30 days to lay claim to all your treasuries. After that we are just going to cancel them.” We might all be surprised by what happens.
Stock market would hit 100000? Foreign investment up-up-up?
I see where you are going with your comment but I can't dismiss the evidence that is before us to day. $36 trillion in debt. No way to pay it back. Money printing to fund the interest on the debt. Inflation. No balanced budget. Debt ceilings always increased and useless. The evidence screams at us. The two party system is a dismal failure. Period. It should be thrown in the trash the same disgust and revulsion that one would have when throwing an exploded poopy diaper in the garbage. It is a disgusting creation that has failed every man, woman and child of this nation who is not of the political class. We should be ashamed of its creation and its existence and should do all within our power to eschew it, purge it from society and teach our children and grand children to avoid it at all costs.
"The two party system is a dismal failure."
I think our inability as yet to recognize, never mind control, psycho/sociopaths in our cultures (all of them) is our biggest political problem, more than the structure of our political systems. This failure has resulted, for example, in the iron law of oligarchy, which infects everything from capitalism to communism. It's why totalitarians rose to the top, everywhere, in the supposedly democratic West.
"I think our inability as yet to recognize, never mind control, psycho/sociopaths"
Excellent point! It's these kind of people who always end up in government. This is why I love reading the commentariat here at Kunstler.
As I espouse regularly, government is a focus of power people, who are by nature, evil. Power people do not give a damn about people and their needs. Government, by its nature, works against its people and for its preservation.
AKA, the Deep State.
Thanks
Its the 'Temple' money magicks. You know them as the Federal Reserve. The money is borrowed into existence, only the principle is printed, never the interest. It's FRAUD from the getgo, and therefore null and void ab initio, nunc pro tunc.
For the $36 trillion to cause any form of bankruptcy, the creditors must demand their money.
Who are the creditors? What will force them to get their money? What would happen if the government just said, “You have 30 days to lay claim to all your treasuries. After that we are just going to cancel them.” We might all be surprised by what happens.
Stock market would hit 100000? Foreign investment up-up-up?
I like it JohnAZ. That's stackworthy material.