The true rulers of this world know that the one of the ways to keep the masses in line is through debt. They had centuries of trials and errors, and perfecting them for today.

In the past, these few perversions of humanity known as monarchs had attempted to make use of religion. Over time, it failed as mankind gained knowledge, to seek for true scriptures instead of interpretated ones by flawed men, and found out the differences.

In fairly recent times, political doctrines had been foistered upon mankind, some even replacing religion such as communism, to control mankind. It failed, as those theories were found economically unsustainable.

It left democracy under capitalism with freedom of religion to make the attempt. For a time it worked. Unfortunately it failed, not the political doctrines nor a more aware religious faiths, but capitalism itself - socially unsustainable.

Capitalism can only operate in a FREE market. But it was based upon the assumption that ALL players will be responsible. Unfortunately, the humans who got rich decided that in order to remain rich, they will have to cheat on the system, to prevent others from deprivaing them of what they had, and thus true capitalism does NOT exist today, only the illusion of it.

They knew that there is only a small room space at the top, and would need the rest of humanity to be enslaved as base support for their lifestyle and priviledges.

And one of those ways is through debts. TEMPT flawed humans with easy money, brainwash the young on greed masquerading as aspirations, fool the old and retire with complex financial instruments to part with their money, and destroy the middle class through casinos labelled as stock exchanges, lying to them that 'stocks are a hedge against inflation' when true raise in wages is the only way to beat inflation.

Politicians were bought through a system of corruption disguised as politically correct 'patronage', to ensure laws and legislation and even the judiciary will always rule in their favour. When in financial crisis, they are the ones who get bail out before anyone else, protected by their 'patrons' while the common masses suck thumbs and starve.

It is easy enough to destroy all banks, without any need for violence. Just conduct a bank run, and that bank will collapse overnight, or in the case of the strong, within days, as there is no way they can pay off EVERY depositer when they demand their money back. This is thanks to the banking class RECKLESS dumping of money to anyone in power, to indebt them and then gain power over them to be enslaved. Much of that money is out of bank yards

I doubt if there many will weep over the obscenely rich if they do not get their funds back. They had it comming, for their living it all up for decades off the backs of the poor. But there are some whom had saved very hard, espacially retirees and the old for years. It would be terrible if their savings get wiped out when they get no deposits back.

Thus the banks are holding these people hostage, if one thinks of wacking the bank with bank runs. No human would want to see an old working class fellow human suffer, for he/she can no longer work or be as productive as before, and had worked hard all their life.

BUT equally, no human would want the see the innocenty young deprived of an opportunity to live and love with a stable job. instead now seen starving or becoming slaves as in the first nation, Greece, to happen, upon the manipulated economic system tuned by the rich elites misusing the terms 'free trade' and 'globalisation'.

Nor does any human seek for violence, for every human life is precious and means something special to another.

The only way lays right now in honestly, sincerely, dicussing and finding solutions out of this mess the rich had created, acknowledging those true mistakes and not blame games, correcting them at all levels of society responsibly, and then progressing from it.

Further hoarding of money, stock gambling or austerity is NOT the solution. Growth is the only answer, using the 'right' spending initiatives that offers returns - such as more private sector jobs creation without neglecting useful and critical gov sector jobs, sharing of wealth and GDP increases.

IF the governments wake up - the politicians with the power to change things - and I do think they have that power, still - then it seems they have 2 choices to me, should Greece leave the Euro, both of which would make an example out of Greece.

1. Make Greece fail miserably. In order to prop up the banks, they will make sure that the Greek people do not prosper after the fall.

2. Make it possible for Greece to prosper quickly with little pain. Setting the stage for more countries to be willing to buck the banks.

Of course there are other tactics, and other goals they will have, one of which is to use propaganda and try to cause Greece to disappear from people's minds all together. But I think these 2 is the big choice the politicians will have to make. I've got to think about it some more. It really is a quagmire. But will they do what's good for people or what's good for banks. It always boils down to that.

None of them dare admit the bank fraud I notice and the fact that over 90% of the debt belongs to the banks from derivative fraud and rehypothication.

Iceland had the right idea and after thier investigation they found around 95% of the debt was bank fraud and political corruption. The same is true for all countries in the west but there are no politicians who will admit it because they are cowards. Being cowards they should be no where near being our leaders, in fact, this proves they are not fit to lead, none of them.

Oops, also forgot theft from peoples private accounts.

The bankers know who did 9/11 and are basically saying, if they can get away with killing 3,000 people and blowing up manhatton then whats wrong with stealing a few billion here and there.

I wonder who gave or propaganda the idea that socialism means EVERYONE having equal pay?

Socialism only means social equality within society, and if in economic terms, it only means being paid for one's honest labour or effort fairly, not necessarily equal as in all drawing the same pay. However priviledges will differ from each level, for the worker who works the field 8 hrs under the sun is NOT the same as the manager who sits in an office conducting meetings to meet schedules, productivity, etc.

Both are performing vital functions, and wages must commiserate upon such efforts.

Unfortunately, what we see today, even under supposed flawed man 'communism' idealogies, the worker under the sun generally starves while the administrator curries favor, doctor the books to show immense profits, get promoted, gets improved wealth, and through connections, gains ill begotten wealth far unimaginable to simple farmers whom sees no future and watch their lands and jobs stolen with every passing generation, meritocracy a lie and holds meaning to only those already in the loop of protected wealth and power.

It happened not only to communisim, as in both russia and china, but equally in the free west under economic tyranny in the guise of 'capitalism'.

Capitalism in its original concept will work, just as any other mainstream political idealogy, but unfortunately, they are often twisted by the selfish few whom will game the system to their favor. And thus, for followers of capitalism, they must not accept the illusion of current capitalism, but ensure the People steps in to regulate that system, so that a level playing field as close to its original concept is ensured, for confidence and it to work for all, not just for the greedu few as is today.

Politicians, intelligentsia and bootlicking economists worldwide keep up the illusion of everything fine, never voicing out the disparity, only because that's where the side of their bread is buttered.

Fortunately, there are many more humans with conscience whom are speaking out above the well paid proganda of the selfish rich elites whom had infiltrated society at all levels to grovel before them - from politics to economics stratas, to awaken the masses on what's been going on - insidious slavery of mankind through debts by the few.

We mankind can no longer afford to be apathetic. To do so is not only prolonging our suffering as slaves, but will doom the next innocent generations as slaves as well. And that, is the most painful hurt a human can ever feel, for each innocent looks upon us, the adult generation, to do the right thing. Slavery of humanity is in no way right, for all of us were born equal....

The media needs to be banned from creating any further defilements of the English language.

"Hopetimism." Such words are the things which seizures of Orcish rage are made of.

That's what socialism does, instead
of a few living like crap, everyone does.

I think you mean communism. Socialism is workers ownership of means of production. Communism is concerned with the distribution of those products. There is a certain truth to what you say, but i feel we live in a time when we are realising having more stuff doesn't make you happier, and living an isolated existence separated from the environment we've evolved to live in, DOES make us depressed. A wee bit off topic, but thought it needed saying. If Communism doesn't work, then neither does capitalism, but what we are dealing with now isn't either. Central banks are a marxist idea, but the ones we have are privatley owned and not State owned.
I feel if more people understood the 'system' it wouldn't be able to continue. The problem is most people don't want to understand it for whatever reason. I think world leaders understand this and so are very keen to distract people from where the actual problem is. For example Sovereign debt is equated to personal debt and the same moral judgements aplied even though the nature of the debt is very different. Money is created so the nation can operate, not so a profit can be made from the operation of that country, or at least it should be so.
I have a problem with the idea of 'a few living like crap'. Check the global figures and you'll see the vast majority live like crap so the few can live well.
not sure who first said it but...
'capitalism doesn't solve problems it moves them about.'
a crisis with the money became a crisis with the banking sector, then a sovereign debt crisis, the next logical step is a social crisis caused by shrinking public budgets. All the time we are told 'there is hope' it is a lie until we publicly address these issues. Just a thought....

The real issue where Greece, and the wider economic situation playing out on the continent, is that far from being an isolated issue, this is far and away too large to be solved by traditional practice.

The first thing that needs to happen, is for market speculation to be utterly banned, and anyone insisting on commenting on the financial status of a nation rounded up and put in solitary confinement, where thier constant griping and fear mongering cannot hurt anyone anymore.

Second, the nations which have these dire economic circumstances should do what ever they can to avoid paying a single solitary brass farthing of any debt they apparantly owe, until thier creditors agree to cease intrest charges for the entire life of the loan.

The reason this last needs to happen, is that it is morally unjustifiable to charge ANYONE interest on a loan. Lets break this down shall we.

Person/Nation is skint. Borassic. Lacking sorely in funds > Needs a loan > Gets a loan > Is charged ridiculous interest > Has no hope of escaping the debt spiral, because the interest alone is unafordable, let alone the repayment rate > Collapses under strain, and dies.

It happens to people here in England all the time. They get into debt, and cannot escape. They loose thier homes, and as a result have to pay over the odds for privately rented accomodation , which automatically keeps them poor because it costs so much, or alternatively give up the whole independant living thing entirely, and rely on social housing, which is almost exclusively crap, too small, or comes with a neighborhood full of druggies, mobs of feral youth scum, or is just about as welcoming as a kick in the testicles with a sandpaper boot on.

The fact of the matter is that until the only thing that is observed as important, is the safety and comfort of every citizen, well over and above the concerns of treasuries and so on, then there will always be this horrible situation.

Banks had always been a problem for mankind. It is the wealth they possessed that seemed to corrupt their souls into performing the unconscionable.

They financed the wars on both sides, from Napolean times till today. They never lost a dime, but gained so much, using NOT their own wealth, but DEPOSITORS wealth, freely. Time and time again, they had sought for ways and means to control humanity through the power greed brings.

It no longers behaved as it once was entrusted by the foolish masses - to give returns on savings, and earn on loans responsibly forwarded out.

If banks had to stuck to that core prinicipal, there would have been no problem. But they wanted more, as greed often compels one to do so. With 10 or 6% loan interests, they would not get to expand. Higher forms of debts were needed.

And thus, foolish young masses were encourage to spend freely. Why save? Let's buy now and pay later became the guiding principle for banks. With 24% interest rates, credit lines became a cash cow, to hell with defaulters, just blame them for being greedy and seize their assets. The bankers never did lose.

With their increased wealth, they branched into outright gambling - financial instruments, but with better odds as they have the funds to move markets, as JP Morgan had proven with their 'whales'. This is no isolated indcident,but an international practice. Greed knows no rules or borders.

With their increased power and wealth, they now seek to indebt nations through sovereign bonds, underwriting them, for they can't lose, or so they thought. It's either the lenders or the borrowers that pays the price, while banks earn the substantial underwriting costs and interests - billions per nation.

And in collusion with Corporations to ensure the masses remain forever in debt, low wages are forced upon the masses so that they have nothing left to save with EVERY dollar owed to the banks.

The banks would have won. But unfortunately, more and more daily are seeing through the scam foistered upon mankind. Not every intellectual can be bought. Some do have conscience still, and are waking many more others.

The banks had created this mess, now it is up to them to sort it out. The gravy train will end now. ALL their own private assets, no matter how far removed, back to the 18th century if need be, or held in others' names, MUST BE SEIZED today to pay back depositors and borrowers given more time to pay back those reckless and unconscionable loans offered by banks.

today's economy is a classic example of too many parasites on the dog. until we can rid ourselves of the plethora of parasites, (banksters,corrupt politicians, corrupt judicial system, corporations enjoying citizen loop holes etc.) nothing will fix anything.