On 11-01-27 10:07 AM, Kevin Alfred Strom wrote:

However, the banks do create "forever debt." As soon as their fictitious
"loans" are "paid off," the same imaginary money is instantly created
and "loaned" again, with the result that the workers end up laboring
half their lives or more for the bankers and their stockholders.


The sole purpose of politicians everywhere has been to put their
populations into debt. These middlemen between the money and it's
victims deserve a very special place in hell. It's feudalism all over
again, with the new twist of intermediary leeches thrown in.

I calculate that if ALL deficit spending in the US were to stop now AND
all interest on the accrued debt were to be 'forgiven' AND there are no
more tax reductions AND not a penny is spent on ANYTHING, it would take
ALL the money raised by the government for the next 25 years to pay it off.

Not one of those four items will happen. You're screwed.

On a side note:
The bankers will no doubt make war on China rather than repay the loans.
Kill the lender. Quite Shakespearian, no?



mike

On 1/27/2011 12:49 PM, m II wrote:
On 11-01-27 10:07 AM, Kevin Alfred Strom wrote:

However, the banks do create "forever debt." As soon as their
fictitious
"loans" are "paid off," the same imaginary money is instantly created
and "loaned" again, with the result that the workers end up laboring
half their lives or more for the bankers and their stockholders.


The sole purpose of politicians everywhere has been to put their
populations into debt. These middlemen between the money and it's
victims deserve a very special place in hell. It's feudalism all
over again, with the new twist of intermediary leeches thrown in.

I calculate that if ALL deficit spending in the US were to stop now
AND all interest on the accrued debt were to be 'forgiven' AND there
are no more tax reductions AND not a penny is spent on ANYTHING, it
would take ALL the money raised by the government for the next 25
years to pay it off.

Not one of those four items will happen. You're screwed.



Quite true. I would add that, to many, it has always seemed
mysterious why the banking system would foster inflation as they do,
since inflation means their "debts" will be paid back in ever more
worthless dollars. By creating inflation they appear to working
against their own interests.

But the mystery disappears when you consider that their goal is
_not_ to have their loans repaid, but simply to keep you working for
them forever -- for them to continue getting a rake-off of all
economic activity into the infinite future. Gradual inflation
doesn't matter much to them in such a game, and it greases the
wheels of the various "help the poor" sucker games that their
politician employees are always conning us with.




On a side note:
The bankers will no doubt make war on China rather than repay the
loans. Kill the lender. Quite Shakespearian, no?



mike


I don't think they'll make war on China. Their interests are
parallel, not opposed. Instead, they will coöperate with them in
managing the feeding and breeding zone of the Global Plantation that
was once called the United States of America, and extracting the
maximum possible labor from its increasingly alienated, historyless,
ignorant, disunited, and racially mixed fellaheen.

I predict that soon, an undercurrent will appear on Fox News and
other neocon outlets that will be whispering to us: "Ya know, those
Chinese really believe in working hard like us good Amurricans. They
have the spirit of free enterprise and the good ol' Protestant work
ethic -- and so do those hard workin' Mexicans who have gone legal
and support the good ol' red, white, and blue. They're jus' like us
and those hard-workin' Jewish folks too!" And the numb-nuts will
fall for it all. Glenn Beck is already promoting the works of Gavin
Menzies which claim that the Chinese really discovered America and
that the European Renaissance was really of Chinese origin. (Menzies
was paid a cool million by Beijing for writing such drivel, though
Beck, for some reason or other, failed to mention that.)

I predict that there will then be an influx of mid-level Chinese
businessmen sent to manage their new American serfs and other
properties, many of whom will eventually be "born again" and be
"washed in the blood of the lamb," since that's the best thing for
business in this country. Fox News will fawn all over them.


With all good wishes,


Kevin Alfred Strom.
--
http://nationalvanguard.org/
http://kevinalfredstrom.com/