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To: arun gera who wrote (233820)12/20/2009 2:14:10 PM
From: Skeeter BugRespond to of 306849
 
>>Other than Glass Steagal repeal, wasn't the same system working before?<<

that's like asking if bernie madoff's "system" was "working" in 2000. well, yes it was "working," but its demise was 100% assured at some future point.

the same is true of our money as debt ponzi monetary system. it relies on ever increasing debt to keep the ponzi game afloat... not the debt chart based on government data...

market-ticker.denninger.net

the number one problem, as viewed by the government and their banker over lords, is that debt is contracting. why? debt contraction (actually money contraction) blows up their monetary ponzi scheme.

think of it this way, anyone who thinks it is possible to pay down all our debts doesn't understand the system. there is never enough money to pay down the debts - you'll run out of money before debts are paid off. this suits the banking cartel and makes the nation a net debt slave to the banking system.

view these and you will better understand the monetary fraud that has been foisted upon america.

5 parts...
youtube.com

8 parts...
youtube.com