It Takes a Village to Raise a Debt Slave, by Robert Gore
When debt becomes a government-administered shell game relying on fraud, theft, and compulsion, the ethics of debt break down throughout the society. Neither the coercive welfare state nor the imperial warfare state would be possible without fiat debt. If the government had to extract its funding from a real money economy, with a finite and limited supply of currency, every dollar taken from that economy for income redistribution or bombs would be a dollar that could not be spent for private investment, production, or consumption. The real cost of government spending, and the real burden it placed on the economy, would be direct and clear. Long before governments reached the roughly 40 percent of the GDP they currently spend (combined federal, state, and local governments) their parasitic load on the economy would kill the host. The unethical means of funding the welfare and warfare states indict their ends; intellectual and moral bankruptcy precede fiscal bankruptcy.
This is an excerpt. To read the full article, please click the above link.
This is an excerpt. To read the full article, please click the above link.
I just finished "The Inflation Crisis and How to Resolve It", by Henry Hazlitt. I believe it was written around 1976. There is much discussion on how government debt drives inflation. After reading it I'm not sure how we've made it this far. How much longer can this go on? Sure seems to be spinning out of control. But then maybe I'm crazy. :)
Timely article SL!
Norman Dodd explains a lot in his historic interview about the demise of sound banking .Turning this country into a communist controlled dependent all part of one nation. No one has ever gone after these money masters can't figure out why.
i do not think they want communism as much as a fascist operation that leaves them in control...
Mr Dodd did discover an answer given to him by Mr Johnson the president of the Ford Foundation in 1953 as well as the Carnegie foundation for world peace (what a joke).
Divide and confuse the population deflect
Attention away from their manipulation.
In addition to mainstream media they also control higher education , the diplomatic Corp and so called entertainment industry
It's a high suspense action thriller stated as based "on a true story." How true? I dunno.
A well-meaning young man takes the job of a water purification plant junior executive and brings his family along to an unspecified Asian country that borders Vietnam.
The family finds itself in the middle of a "blood for water" revolt against the country becoming a debt slave. The rebels' solution? Kill every Caucasian in sight.
Halfway through the movie a CIA operative played by Pierce Bronson explains that the building the water purification plant is about "owning" the country.
I gave the flick 4 out of 5 stars. (Netflix uses a star grading system in order to better offer each individual customer movies they would prefer to watch).
https://www.youtube.com/watch?v=DOjj0...
Perhaps a correction: Maybe the former James Bond was a Brit spy. Memory fails old dino on that bit. Anyhoo,,retired 007 got first billing for a second fiddle part.
What I'm worried about is; When will the US Bankrupcy(Rupture in my mind) occur?
That one lone paragraph is a gem within all. Yet we are to worship our illustrious "founders" who put it into their Constitution. "The Law" to which nobody alive ever consented.
Sorry Kamerad I don't serve the party.
If that was not your intention it was poorly written.
S