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Someone here suggested a Jubilee where all debt would be forgiven. Since we are talking about levels of debt that defy description, I wonder if a global Jubilee is possible. Could all debt be wiped off the books, first in theory and then, if the numbers compute, in reality? I would venture to say that a sizeable portion of the world population is debt-free. Could we zero out all those computer entries, undergo a shakeout and then start over, this time with some reasonable rules prohibiting the kind of chicannery that got us here in the first place?
What you propose would require that usurers be "wiped off the earth".
I think they would strenuously object.
Pursuant to Ezekiel 18:13 KJV, no divine wrath would be forthcoming. However, if YOU were also a usurer, enjoying gain (interest), you would be toast, too.
We were looking at the possibily if they hadnt' stabized teh bnaks. now what I am worries about is the accumlating debt from borrowed money. The bank and big threee were laons and there is the very likelyhood that tehy will be paid back. But the stimulus is a give away to different interest grouops mainly. That is not laon and has to be paid back with interest by genral revenues. Now they are talking about raising the deficit agin by borrowing 300+ billion for healthcare. This is the path that lead argentina into hyper inflation and depression.
What you propose would require that usurers be "wiped off the earth".
I think they would strenuously object.
Pursuant to Ezekiel 18:13 KJV, no divine wrath would be forthcoming. However, if YOU were also a usurer, enjoying gain (interest), you would be toast, too.
There's nothing wrong with interest as long as the principle doesn't create "money".
Someone here suggested a Jubilee where all debt would be forgiven. Since we are talking about levels of debt that defy description, I wonder if a global Jubilee is possible. Could all debt be wiped off the books, first in theory and then, if the numbers compute, in reality? I would venture to say that a sizeable portion of the world population is debt-free. Could we zero out all those computer entries, undergo a shakeout and then start over, this time with some reasonable rules prohibiting the kind of chicannery that got us here in the first place?
The countries that do better in global recession are debt driven countries. the ones that live on surpluses are not setup to keep running well when they run out of backup money. In the end this seems like a big plot to me to cause everyone to be forced into debt driven policies so it will all mesh together better. Just my opinion though...
What you propose would require that usurers be "wiped off the earth".
I think they would strenuously object.
Pursuant to Ezekiel 18:13 KJV, no divine wrath would be forthcoming. However, if YOU were also a usurer, enjoying gain (interest), you would be toast, too.
Anarchy is the absence of law. However, if Americans left voluntary national socialism, and restored their sovereign status, there could not be anarchy, by definition. A sovereign IS the law... over himself and his private property.
American sovereigns exercising SELF GOVERNMENT (which is not a "representative government") cannot tolerate a police state.
Why we know there is a collapse imminent?
Since 1933, the U.S. government has been bankrupt, repudiating its promise to redeem its notes (Federal Reserve Notes / aka / dollar bills) with lawful money.
The cause of that bankruptcy was usury, via the Federal Reserve Act of 1913. Within 20 years, the Treasury went bust.
The Congress operates under reorganization, partly due to the 300 million "human resources" who volunteered, via Socialist InSecurity, to be collateral on the public debt. Thus worthless notes become "legal tender" because all enumerated Americans are equally liable for paying the impossible public debt.
The usurer / socialist alliance has been the real power in the U.S.A., since 1935. Since socialism (and communism) are diametrically opposed to private property ownership, they are enemies of America and its lawful government. But as long as YOU volunteer, all bets are off.
Since 1945, Congress has not declared a constitutional war. But thanks to the "State of Emergency" declared by FDR, and renewed by each sitting president, partisanship notwithstanding, Executive orders have force and effect without the need for Congressional statutory support.
The national debt, in excess of 10 trillion dollars, is not payable with Federal Reserve Notes (dollar bills). It is a legal obligation to pay 500 billion ounces of gold, stamped into real dollars. Estimates of the world supply of above ground bullion is 5.5 billion ounces. Fort Knox has 147 million ounces. (D'Oh)
The Age of Cheap and Plentiful Oil ended (for America) in 1970s. Currently, 70% of consumption is imported, at great expense, and risk. Since the government uses taxpayer funds to subsidize petroleum consumption and bailed out "Big Auto", there is little hope of intelligent life in DC.
Congress borrowed more than it paid in interest, in 2007 and 2008. Paying past investors with new investor's money is what Bernie Madoff was arrested for.
Pursuant to the 14th amendment, the impossible-to-pay public debt cannot be questioned.
Yup. Collapse is imminent.
But you may be sure that RECOVERY is near when:
[] Taxation drops to near zero, because the government now pays taxes.
[] Bureaucrats are an endangered species.
[] Government salaries are $21 / yr.
[] Bribery and Graft are capital offenses, with no appeal.
[] There is no public debt, because no one will loan to the deadbeat government anymore.
[] The "Socialist Safety Net" is found in the compost heap.
[] All laws that do not protect property rights nor have the people's explicit consent, are abolished.
[] Usurers are ashamed to show their faces in public, and "Usurer" is a pejorative term that starts a fight.
[] Bankers have all expatriated to Switzerland - but the Swiss arrested them all - and deported them.
[] Limited liability enterprises cease to exist - and all parties to an enterprise are jointly liable for the injuries they inflict.
[] The sheriff calls out the posse, when necessary. There is no police force (aka professional standing army).
[] Shooting a felon caught in the act rates a reward, and compensation for all ammo expended.
[] Speculation only refers to thoughts, not investment.
[] People can make their own medium of exchange.
[] All foreign bases are vacated, and all personnel are brought home.
[] Only fools go about disarmed.
[] Polite manners have become the norm, not the exception. Shooting off one's mouth is often followed by another shooting back.
Last Words
Before petroleum's rise, there were boats and railroads.
After petroleum's demise, there will be boats and electric railroads.
Usury (pronounced /ˈjuːʒəri/, comes from the Medieval Latinusuria, "interest" or "excessive interest", from the Latin usura "interest") originally meant the charging of interest on loans.
Usury (pronounced /ˈjuːʒəri/, comes from the Medieval Latinusuria, "interest" or "excessive interest", from the Latin usura "interest") originally meant the charging of interest on loans.
Wow and just think, there was confusion only moments ago....
The total melt down is still a year or two away, so why worry? Obama isn't.
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