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To: tejek who wrote (289429)11/5/2010 5:39:02 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>>Skeeter, no one is saying that debt is good. I am certainly not. I don't disagree with your basic premise at all. Its just that there are times when anyone....an individual, a family, a country.....because of an emergency must borrow to stay afloat. After the emergency has passed, you pay back down the debt.<<

you don't understand the system.

IT IS IMPOSSIBLE TO PAY BACK THE DEBT AND STILL HAVE MONEY AT THE SAME TIME DUE TO ACCRUED INTEREST.

my issue is that OUR MONEY SUPPLY is debt based - if you pay off the money supply, YOU ARE LEFT WITH NO MONEY SUPPLY AND DEBT ON TOP OF IT.

it is an unsustainable ponzi scheme controlled and manipulated by private international bankers for their benefit - which means society gets robbed blind.