One of my friends said, about taxes and the Federal debt:
The big boys aren't going to pay, no matter what. Suckers like us will get the bill.
The bill is not going to be paid.
That's the whole point.
Beginning with Paulson's efforts back in 2008, TARP
and the other bailouts and Bernanke's expansion of the Fed,
the bankers have desperately been trying to save their own necks
at the expense of everybody else.
They are nothing but ignorant fools who have killed the golden goose,
trying to get at the source of the gold inside of it,
and they've got nothing for their troubles
but a lot of nasty entrails on their hands.
Fact is, if nobody has any money, then nobody needs bankers for anything. A world with no productive work, where only bankers can profit, is a world without any wealth, where no one profits.
Interesting case in point ... someone asked the Icelanders
how their country recovered so quickly from its crash
a couple of years back.
"Easy. We let the banks fail."
The level of debts worldwide are unsustainable.
Everybody knows that now, everybody understands.
None of these debts are going to be paid back. Not ever.
The Greeks will never pay off.
Neither will the Portuguese or the Irish.
Not the Spanish or the Italians. Not the French or the English.
And certainly not the Americans, who are all armed to the teeth
and planning strategic defaults all across the board.
There is no other solution but a total debt jubilee,
where ALL Debts are declared null and void.
The longer they put it off, the worse it is going to be for everybody,
including the bankers themselves.
At least, now, we are going to have worldwide collapse
of ALL asset classes, bonds, stocks, oil, precious metals, real estate.
Until the deed is done.
EVERYTHING is going down.
We will see just how long this takes ....
they may try to start a war here.
Be kind of interesting if they have a war and nobody comes .....
There is no other way ...
Luke 11 verses 3-5 ... KJV ... pay attention to these exact words ...
3. Give us day by day our daily bread. 4. And forgive us our sins, for we also forgive everyone who is indebted to us.