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Debt and the Prostitution of America

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posted on Sep, 30 2010 @ 02:36 PM
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"The borrower is a slave to the lender." Proverbs 22:7

America is the largest debtor nation in the world. Its way of life is financed by an exchange of other people's money for a temporary service. Although the selling or issuance of debt, and the services provided in payments, is a common practice among many nations, the nature of such a contract was largely rewritten when America’s waywardness from being the world’s greatest lender to largest borrower lead, by necessity, to a bill of divorce under Richard Nixon where foreign powers were left without any recourse to their promised dowry—gold! It is, at this point, where our current unsustainable debt-based global monetary system has its origins. What once was a contract of fair exchange is now an auction to the highest bidder.

There is only one reason why foreign nations continue to pay America for her services. They are drunk with money! They cannot sober up because she has inflated and multiplied her favors all over the world. Madam America is fighting hard to keep her clientele pleased, but her assets are becoming visibly stretched. The American taxpayer cannot afford to pay the bill. Therefore, she has no choice but to inflate or die!

Read the rest at www.financialsense.com...



posted on Sep, 30 2010 @ 05:57 PM
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Most American's don't give a #, sadly. As long as they get their free health care and medicare and whatever other social program they happen to be on, they don't care.

They don't care about how much of US debt China owns. They don't care who has to pay for all this nonsense. They don't care when the US goes to China yet again with it's hand out asking for more money.

But when 'Rome' finally burns, they'll be the ones stupid enough to say "How'd this all happen? I thought the government just printed money when we needed it!"

Idiots.



 
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