The Mudcat Café TM
Thread #143378   Message #3311605
Posted By: Little Hawk
21-Feb-12 - 09:07 AM
Thread Name: BS: Obama's Truth Team (join me!)
Subject: RE: BS: Obama's Truth Team (join me!)
Right on, Ake. It is the unbridled and corrupt worship of MONEY (not God) that has brought world society to the wretched condition it is now in...and the money isn't even REAL! It's a fiction. It's fiat money created by banks who have pumped trillions of totally insubstantial dollars, pounds, Euros, etc into our economies...creating them out of thin air through the simple procedure of making loans to governments and industry.

The inflation resulting from all this phony money creation means that I can now sell a painting my father bought in 1951 for $80 for.....$8,000 dollars! So the money has basically inflated by a factor of 100 X since 1951, because that painting is intrinsically worth the same as it ever was.

We've been living under a giant pyramid scheme all our lives. Who benefits from it? Bankers and the very rich, that's who.

The amount of government and civil debt generated by all those loans has grown so enormous that no society can afford to pay it...or even to pay the interest charges on it. And STILL the game goes on! And the people who helped created it got a bailout!

That is the kind of outrage that in the not too remote past created things like the French Revolution.

We need to stop doing things for the sake of MONEY and start doing things simply because they are DESPERATELY NEEDED for the common good! That's what I saw happening to a considerable extent in Cuba, to a far greater extent than in my own country, and that's why I love Cuba and will never forget the example I saw set in that society. (And that's why the USA administration hates Cuba and wishes to someday cause regime change there.)