posted on Jul, 23 2011 @ 03:33 PM
I believed that Ron is a good guy at heart. But all he is thinking now is only a narrow view - politics. I also believe the tea party truly thinks
that they are acting on the interest of the whole, but they also have another narrow view - taxes.
The debt problem is far more larger than any specific view, for its impact will be akin a comet hitting earth. Politics, economics and socialogy,
which WILL affect our daily life should the wrong decision be made.
Let's look at these 2 analogies, relevant in our world at these times.
1. If a clerk earning only $2000 a mth, somehow chalks up debts to $100k through multiple credit loans, there is a high chance that there is NO way he
can pay off that debt, and may commit detrimental stuff. Let a human live. Better the banks write off that 'investment'. Human lives are more
precious than money, and the bank should bear responsibility for giving such unconscionable loans in order to make money. This is an analogy of city
states such as greece and ireland.
2. If a professor of economics earning $10k/mth and chalks up debts to $1million, he would be able to pay it back, because of his profession, which
can ensure he can earn it back either in public or private sector. What he needs is time, and someone who believes in him, and as an act of charity
based on his sincerity to pay off the loan, to avoid harrassment by other mainstream standard pricing creditors, focus on his job, and in time, pay
back that amt of charity which means below standard loan rates. It would be a waste if he commits suicide when he can contribute further to society
due to loan harrasment, This professor is USA.
There can never be a 'one size fits all' solutions to any problems. Each have to be carefully considered and acted upon.
USA is a huge nation with human and resource capital to repay those loans as well as to honestly use the time in between to fix structural faults in
the system to ensure it would not happen again to this or the next generations.
If that loan is not taken, it will be USA committing suicide, akin to germans in 1918 whom had to pay massive reparations debt for WW1. We knew how
that turned out - end of democracy, rise of dictatorship by opportunists, suffering of the masses and almost end of humankind later.
This is not fear mongering, but only facts that had happened before when a great nation defaults, and will happen again if we do not look beyond
single problems, partisan politics, and self interest. With our current high tech level in accelerated reponse WMDs as reactions by both creditors and
debtors come pay up time, it will only be mths and not years when everything will be over. No humankind or living species will left on earth. This is
how serious the matter is.
We are annonymous. We are legion. We all fight for the right of humanity to exist in peace, prosperity and equality. This fight had long began, but at
this crucial period, is the critical debt to be undertaken, and accepted beginning with you and me, and later to EVERYONE in our social network
beginning with the closests. We came into this world with nothing, and will leave with nothing anyway. Debt is but only money, along with legislation
which over time what is lost or not correct can be earned back and corrected. But precious human lives once lost, is gone forever....Time is no longer
on our side...