20.20
West Haven.
More and more the discussion of our economy is really starting to hit home. And not just the loss of jobs either – but something even more frightening: the loss of our currency. Don’t think it can happen here?? Better study world history…
The concept of spending ones way out of a problem only works when funds can be raped from someplace else. I get a kick out of the neo-cons who state that the way to bring down our deficit is to cut spending and tax’es… I can see the cut spending – because that’s what I do – but cut tax’es?? That would be the same as me cutting my income level… and use Visa instead.
I would need to raise my income level if I needed extra funds. And if the governement is going broke – it needs to raise it’s income too. The rich don’t want to hear this – and funny enough, they re in the best position to afford an increase in taxes…
20.50
There was a gent on Coast to Coast am the other night who spoke about what’s going to happen when the shit really hits the fan: Our paper money will become worthless. Just like the currency in Germany did not so long ago…
What does this mean?? Your millions will be worthless. Theonlyfolks who’ll be alright will be those with either precious metals – or goods / services which can be used as an exchange service…
??
That’s right: we will see a return of bartering. Forget abot your 401k, SSI, your pension… once this country goes down – it’s gonna collapse fast. And what’s interesting is how this is being all done from within. Or is it??
Rewind to the Reagan Years… Why did the Soviet Union collapse?? Because we bankrupted them. I remember reading in Avaition Week how the Soviet defense plant employees were being paid with Vodka – because there was no more money left.
It can – and I believe it will happen here – because there’s gonna come a time when the Federal Reserve – which I believe is a private orginazation – says “Sorry, That’s All Folks” and we will effectively be shut down. My question then is in a society without currency – would everything then go plastic instead??
Would we reach a point where we have chips implanted into our bodies – and this would inturn become our new currency and I.D. all in one??
Think about it…
Anarchy, Peace, Freedom LOVE…
- Earth
