Yes, in a slowly sinking ship, starving rats will turn upon one another.
But while financial middlemen litigate against their former conspirators, city, county and state revenues continue to collapse, and all these entities (with one notable exception) are either faciing record budget shortfalls or outright default.
To answer this unstoppable cycle, the Obamatons continue to push Keynesian stimulus. Despite relentless demonstrated resistance from the will of the people, every new bill is a jobs bill (translated: stimulus). But all stimulus to date, as the people have clearly seen, has had very little success in creating any real sustainable recovery. And the deficit price tag–so little temporary relief at so high a cost–has plunged economies across both sides of the Atlantic into the foregone conclusion of sovereign default, at the current rate of decline.
The people do not want another loan from the global banking cartel, because they do not want our children obligated to a global consortium of central banks, or foreign countries like China, with unrepayable debt. And why should we borrow from a bankrupt Federal government, which has shown no sign of being a responsible borrower, nor a responsible lender?
We can see our states being compared to countries from a standpoint of economic collapse, but the moneychangers have pulled the curtain over our eyes, hiding our ability to see the states as the originators of economic strength. That mystical capability is theirs alone, or so they claim.
We don’t have to borrow worthless paper from the Federal Reserve money changer’s failed system to perpetuate our very existance.
THERE IS ANOTHER WAY.
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My comment is not for this particular post. It’s the way I view not only this post but your entire site. KEEP UP THE GREAT WORK!!! Our tax dollars has already made these white collar criminals too wealthy already!
But why should they think any different? We’ve bailed out these people several times over the past century. They knew the taxpayers money would come to the rescue when they entered their ‘den of theives’.