I believe in the two party system....the 1% and the 99%. Democrats and Republicans is the 2 party system of "make believe". The 1% need the "make believe" 2 party system to keep the 99% THINKING they have a choice on the direction the country goes when behind the scenes, the 1% with their money and think tanks set REAL American policy both domestically and internationally
Well, if you want status quo then you vote for either Democrat or Republican. The garbage spewing from either mouths smells and looks different but both produce the same results....the bodies of American blacks, whites, Latins, Asians, greens, purples, oranges, pet dogs, cats, and ANYTHING else that's NOT a 1%er lying in a heap of their toxic verbal waste.
Whether it's in Europe or America, the purpose of bailouts are to protect the bank, while we, the taxpayer, are forced to carry the empty bag and the greater tax burden.
The PIIGS should just go the Iceland route, print their OWN money, and flip the EU the bird.
European and American citizens should DEMAND that our governments re-instate Glass-Steagall so commercial banks can perform their designed roles and no longer function as an investment bank where they incur substantial losses. If we behaved like those banks we ALL would be buried under a jail.
Lolette, I would say that the technocrats are making it up as they go. I don't expect lawyers, which most of the technocrats probably are, to be able to manage or even to attempt to manage fiscal and monetary policy. They don't have the knowledge or the know how.
ALL of this (financial crisis) became possible when Bill Clinton repealed the 1930s Glass Steagall Law in 1999. Glass Steagall prevented commercial banks from also operating as investing banks to protect the depositors. Since the repeal of that law banks have been speculating in the markets with our deposits. Is it a coincidence that we started having severe bear markets in 2000?
It's not to take control of Greece but to create a one world government. Greece, the birthplace of Democracy, just so happens to be the starting point. If the Greek politicians are REALLY for their people, they will get out of the Euro and go back to the Drachma. Initially it will be hard times but their economy will recover much much quicker. You need an example? Look up Iceland and see what they did from 2008 to now and check out their economy during that time. You NEVER here the media say ANYTHING about it because they don't want you to know that the Euro = perpetual economic servitude oppose to any other option = freedom.
The methods used by the EU on the PIIGS comes directly from the same playbook the IMF use on 3rd world countries, ie. we will promise you loans for infrastructure and development only if majority of your national assets are sold off to us and other draconian measures. Normally it's a loan that the IMF knows beforehand that it's virtually impossible to payback thus the ability to gain control of that country.
So what's the purpose of all these constant bailouts, QEs? To gain complete and total control of a country by the deliberate collapse of a countries sovereign debt. History has shown there are 3 ways to take over a country - 1) religious herectics, 2) physical warfare, and 3) economically. It is much easier for the citizens of the world to fall victim to the 3rd method as most don't educate themselves enough to understand the manipulate, deceiving, methods of the money changers.
The toxic debt created from the 2007/08 financial crisis was NEVER purged from the financial system only masked by unnecessary bail-outs/QEs and business continued as normal. If you or I have bad financial practices, we go bankrupt but if the too big too fail banks have bad financial practices, they get bailed out.
The next financial crisis won't receive a bail-out but will be a bail-in, ie Crypus which was test case. That's why you may hear governments wanting to do away with cash.....you can't do a bank run on digital currency.
cappylove Forum Posts (11)
RE: How much credence do you have in/for the two party system?
I believe in the two party system....the 1% and the 99%. Democrats and Republicans is the 2 party system of "make believe". The 1% need the "make believe" 2 party system to keep the 99% THINKING they have a choice on the direction the country goes when behind the scenes, the 1% with their money and think tanks set REAL American policy both domestically and internationally