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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (34743)	1/28/2011 10:58:04 AM
From: John	1 Recommendation Respond to of 71475

The behavior that the United States ignores international creditors' legitimate interests indicates a dramatic decline of the country's willingness to repay the debt," Dagong said. That is an understatement. Is he also aware of the tremendous push in the United States to allow sovereign states to declare bankruptcy, which would conveniently relieve them of their legal obligation to pay pensioners the money that they are owed? The proposed solution to allow sovereign states to declare bankruptcy attacks the symptoms, not the underlying root causes, but these government asshats already know that. I wonder how citizens will feel after dragging themselves out of bed, day-after-miserable-day for 30 or 40 years, with their only source of inspiration being the dangling carrot of promise for a retirement pension and benefits someday from the "rock-solid" government. How will they feel when they are gang-raped by self-serving politicians who take away their retirement pensions, while the Congressional asshats continue to live large, immune to all forms of austerity? But, let’s be clear... The politicians v. pensioners fuss is an obfuscation that is intended to deflect attention from the real villain; Mr. Corporation. Mr. Corporation would clearly benefit the most from the heinous act of allowing sovereign states to declare bankruptcy. Why? Because such an act would free up more state capital to buy the wares and services that corporations peddle. Of course, that would also yield kickbacks to the enabling politicians who play the game and facilitate the state bankruptcies. -ng-