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James, unfortunately the basic narrative of the video will escape the ultra-militant partisan commenters on this forum, but I thank you for sharing it.
It was a nice, unbiased piece put together on a local level (which was refreshing to see), and I cannot refute a single thing that was mentioned.
Obviously, as I've said all along, this so-called "fiscal cliff" is nothing more than a mother and father who cannot afford groceries and gas for the week, and are begging their creditors for another line of credit to continue the insolvent fiscal model they have adopted for their home, all the while the mounting debt and income deficit is leading them down a path of irrecoverable, unmitigated disaster.
Although there are a few commenters here who seem to think we can "cycle" the debt, or that there is some magic fairy servicing the current debt and printing money out of thin air is a rather innocuous task, I hope the line of thinking in the video becomes more mainstream.
James, unfortunately the basic narrative of the video will escape the ultra-militant partisan commenters on this forum, but I thank you for sharing it.
It was a nice, unbiased piece put together on a local level (which was refreshing to see), and I cannot refute a single thing that was mentioned.
Obviously, as I've said all along, this so-called "fiscal cliff" is nothing more than a mother and father who cannot afford groceries and gas for the week, and are begging their creditors for another line of credit to continue the insolvent fiscal model they have adopted for their home, all the while the mounting debt and income deficit is leading them down a path of irrecoverable disaster.
Although there are a few commenters here who seem to think we can "cycle" the debt, or that there is some magic fairy servicing the current debt and printing money out of thin air is a rather innocuous task, I hope this line of thinking becomes more mainstream.
Thanks again for posting that.
I was honestly expecting the first reply to this thread to be something hate filled but am pleasantly surprised.
I LOVE the grocery bit you said because it absolutely nails the current situation. However, I don't think this is simple stupidity or carelessness at work as much as I believe its a globalization agenda built by banking special interests. There's a lot of history behind our Federal Reserve Bank, and with that history is a pattern of what we view as failure while they see it as success.
Unfortunately, there's no getting out of this mess so long as the American people expect it to work itself out or expect their politicians to do anything "right". Like you said, it's going to take a change in our understanding of the economy (or monetary system as a whole) and educating others so this way of thinking becomes mainstream.
I was honestly expecting the first reply to this thread to be something hate filled but am pleasantly surprised.
Hate filled in this forum? No way
Quote:
Originally Posted by JamesGTAIV
However, I don't think this is simple stupidity or carelessness at work as much as I believe its a globalization agenda built by banking special interests. There's a lot of history behind our Federal Reserve Bank, and with that history is a pattern of what we view as failure while they see it as success.
I am intrigued by his correlation with monetary policy and the assassinations of Kennedy, Garfield, and Lincoln. I will be looking into that a bit further.
But I agree with you, I don't think this entire mess was an accident. It certainly doesn't take a scholar with a degree in Financial Science from MIT to figure out how volatile and fiscally irresponsible this model has become since the Nixon administration took the dollar from being backed by gold, a precious metal used as currency for tens of thousands of years, to being backed by nothing more than "hey, we're the United States of America; We're good for it."
Quote:
Originally Posted by JamesGTAIV
Unfortunately, there's no getting out of this mess so long as the American people expect it to work itself out or expect their politicians to do anything "right". Like you said, it's going to take a change in our understanding of the economy (or monetary system as a whole) and educating others so this way of thinking becomes mainstream.
I posted a tid bit in another topic in this forum earlier tonight regarding the rise and fall of a democracy and, honestly, think our populous is, by nature, programmed to think a certain way because of our society and standard of living.
I'm not sure anything but a complete and total economic collapse and subsequent decline of our standard of living could ever change our apathetic, dependent, and complacent mentality we have today. "Derp, derp... I have my pizza, my I-tunes, and my American Idle box set, I don't care what the gubment does"
Not to mention, we are all products of a system designed to get us to spend every last dime we earn, and then some.
Last edited by Some_Random_Guy; 12-28-2012 at 10:58 PM..
Dale was sleeping a good 20 seconds while he was being introduced. haha.
LOL
I kept wondering why he wouldn't make eye contact or anything.
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