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Old 10-06-2011, 04:04 PM
 
810 posts, read 834,846 times
Reputation: 491

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The only way to abolish their slavery of debt is through a civil war. Hopefully it is one done through policy and not through blood. But that is the only way to emancipate Americans, because every 5 years we will go through this until this country becomes a third world country owned by a handful of elite.
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Old 10-06-2011, 05:22 PM
 
9,848 posts, read 8,268,003 times
Reputation: 3296
Quote:
Originally Posted by AllenDullesMJ12 View Post
The only way to abolish their slavery of debt is through a civil war. Hopefully it is one done through policy and not through blood. But that is the only way to emancipate Americans, because every 5 years we will go through this until this country becomes a third world country owned by a handful of elite.

Blah Blah Blah. Get real, if some bank (which are not slave owners) do things you don't like, just take your 5 cents out and go elsewhere.
If someone is a loser, blew their education on a liberal arts degree for 80k or some other dumb move, that is their fault and not the fault of the bank, corporation, employers or your mommy!
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Old 10-06-2011, 05:34 PM
 
810 posts, read 834,846 times
Reputation: 491
If you are so smart, you rightwing kool-aid drinking moran, who caused the devaluation of the dollar over the decades that forced Americans to excessively BORROW to afford things their grandparents could have bought with a day's earnings?
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Old 10-06-2011, 05:38 PM
 
12,772 posts, read 7,954,977 times
Reputation: 4332
Quote:
Originally Posted by AllenDullesMJ12 View Post
If you are so smart, you rightwing kool-aid drinking moran, who caused the devaluation of the dollar over the decades that forced Americans to excessively BORROW to afford things their grandparents could have bought with a day's earnings?
My grandparents would have had to spend billions to invest in the R&D before they could even think about buying an iPhone, Flat Screen TVs, High Speed Internet, DVRs, laptops, and tablets. Nobody FORCES you to borrow, the option is there if you can use it responsibly.
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Old 10-06-2011, 05:42 PM
 
13,987 posts, read 14,920,859 times
Reputation: 10435
only, you don't HAVE to get a loan, and if you don't pay off your house its the Banks house.
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Old 10-06-2011, 05:46 PM
 
810 posts, read 834,846 times
Reputation: 491
The government has to continually borrow to continue paying off its debt. What does this mean? It means all debt is eternal under the current central banking system.
And when we have this it devalues the dollar for everyone and companies need to constantly reduce standards and jobs to keep up with this kind of inflation.
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Old 10-06-2011, 05:51 PM
 
Location: Maine
561 posts, read 504,869 times
Reputation: 306
Quote:
Originally Posted by AllenDullesMJ12 View Post
The government has to continually borrow to continue paying off its debt.
There is no obligation for government to spend beyond its means. The left and right have been borrowing to pay for entitlement programs for decades. The chickens are coming home to roost.
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Old 10-06-2011, 05:53 PM
 
Location: Missouri
4,272 posts, read 3,780,152 times
Reputation: 1937
Solution: Don't borrow. Alternate solution: refinance.

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Old 10-06-2011, 05:54 PM
 
810 posts, read 834,846 times
Reputation: 491
Quote:
Originally Posted by Recovering Democrat View Post
There is no obligation for government to spend beyond its means. The left and right have been borrowing to pay for entitlement programs for decades. The chickens are coming home to roost.
Even if the government doesn't spend squat in services and defense, it still has its INTEREST obligation to consider. Every dollar the Federal Reserve gives to the government needs to be paid back with some interest already existing in each "legal tender note".

Unless you want to dismantle and sell the whole country into dust to finally pay off everything to the central bankers?
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Old 10-06-2011, 05:58 PM
 
Location: mancos
7,786 posts, read 8,010,775 times
Reputation: 6650
except for my tiny mortgage which is less than the average car pay't I dont borrow money so it aint my fight.go have your civil war without me.
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