The powers that be are telling us there’s light at the end of the tunnel. What they’re not telling us is that it’s an oncoming train.
This morning we learned that just one day after Congress voted to raise the debt ceiling yet again and relinquish any control it had over the national debt, the U.S. government ran up a record $328 billion dollars in new spending, topping the $17 Trillion mark for the first time since our founding.
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That was fast, confusing process a likely story.
http://thecable.foreignpolicy.com/posts/2010/10/18/jon_stewart_was_...
No link it was a year after the quake and there was much talk about who was holding up the money the people there needed and it came out that the State Department was holding it back then it went blank. For some reason I think it came from Michael Rivero.. I will look tomorrow. Reason who knows with that witch.
There are a number of CEOs of charities who make more than a million dollars annually. That shouldn't be. Donations is what funds it, but the funds are made to help the needy not make a few people wealthy.
So, we do what we can in our locales to make the world a better place.
Got a link, Byron? What was her reason?
I'm not suggesting a crash should be induced - as I've previously said, I think it will happen anyway - but I can see that a major crash will loosen up many of the constraints that currently exist that don't allow us to move forward.
And I'm certainly not suggesting to give up - if we do that then we will have no say in the outcome at all. IMO, we need to keep pushing forward working towards a more meaningful existence without slavery of any kind. I'm not sure that anyone knows exactly what that would look like and how that would work (as we are so indoctrinated into the current system) but working towards that outcome will get us closer not matter what happens - even with a major crash.
The amount of money that is wasted by so called charities - is a crime in itself.
Hillary was caught holding the money back, that made me sick.
Probably so, Peter. But we shouldn't give up without a fight.
I was astounded to learn that all the aid raised for Haiti, most never got to the people. Even if we have it, someone comes along and steals it.
Cheryl, I understand your focus on the USA - if I was living there I would probably have the same focus. However, I see the problem as a global issue - not the only global issue but a major one.
Every day many people are dying across the world - when they don't need to - under our current system (of greed). For example, I've heard that currently we (the world) produce enough food to feed every human being - but what happens? Also many people have died and continue to die in the name of religion - however that's another story.
It would be nice if a workable solution can be found to fix your (USA) current debt situation as it also would for the European block - but it seems like a long way off to me. Nonetheless, I wish you well with it.
I know the suggestion of a total collapse would be harsh and maybe a lot would die but I really think it will take a lot more than just the recent political crisis deadlock in the USA to spark a change. From what I observed many politicians (from both sides in the USA) seem to think it's just a big game for their own political gain - and not many politicians (anywhere, for that matter) seem to be interested in really finding a solution - I almost think they are they just resigned to the fact that it will collapse one day - they just don't want it to happen on their watch.
I'm actually convinced that without radical change it will collapse even with good intentions - it's just the nature of the beast!
Peter, a collapse means a lot of people will die. I understand that may be the only way the debt clock will be reset, but it is harsh. If some of the things I have read are correct, if we put our minds to it, the debt could be reigned in and managed. I was just considering these figures: http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does... (which does not account for the current debt that just topped $17 Trillion).
32% is US owned for Social Security, trust funds, etc.
68% is partially US owned (indivduals, corporations, state & local governments), and partially owned by foreign governments (46% of the 68% is owned by foreign governments).
So that figures out to 54% of the US debt is owned by Americans and 46% of the debt is owned by foreign governments, of which China is the biggest, at 8%.
Before we consider a collapse, this nation is long overdue for a dialogue on what it will take to stop overspending and start whittling away at the debt. Of course, with the rogue government in D.C., it's not going to happen. But if and when D.C. is reigned in, I'd much rather see all of us tighten our belts and handle the situation than to just throw up our hands and wish for an economic collapse. After all, if the U.S. wants to remain the leader of the free world, then it needs to start acting like it.
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