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To: bentway who wrote (255931)6/22/2010 6:24:00 AM
From: Skeeter BugRespond to of 306849
 
the first thing we need to do is end our debt based money supply. there is no reason a sovereign nation needs to pay private bankers interest in order to have a simple medium of exchange.

debt based national money supplies will always collapse - with 100% mathematical certainty.

the debt owed is *always* greater than the money available to pay down those debts.

in short - society is, by definition, a debt slave.

this will be true no matter how much taxes are raised or how much government spending is cut.

this shouldn't be so.



To: bentway who wrote (255931)6/22/2010 4:14:29 PM
From: RetiredNowRead Replies (1) | Respond to of 306849
 
Great historical perspective. Will enough of our politicians from both sides of the aisle recognize the necessity of higher taxes? And will the Americans at the top 1% of income allow it to happen? Those are the questions that don't keep me up at night at all, because I know the answers to both are no and no. But we can all dream.


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