reply to post by XPLodER
Ok. I rode the short bus to ATS today.
Please tell me how being in debt is better than not being in debt.
but until you can articulate the current system,
and understand the consiqences of your actions "under the current system"
you will be simply against debt, without understanding that this "system"
IS THE CAUSE of debt.
and simply stopping debt wont stop the system,
it will crash it.
1.you have a debt based system (fed)
2. if debt expansion ever stops (under the current system) the entire currency collapses
3.this means if you stop debt expansion (even for a week) the country will collapse
the truth is this,
if you took all the cash in the us and payed off all the DEBT and LOANS,
you would still be in debt, but you would have no money AT ALL,
its imposable to "grow the economy" and pay the debt and pay the interest,
with the existing money supply,
so without increasing debt, the loans and interest will be payed,
but there would be "no NEW money" for anyone in the usa to use as capital to start businesses,
thing is a ponzy scheme always collapses when there are no new "marks"
or in this case no new money.
the problem is so complex thinking that, most blame the wrong factor,
and in the case of the tea party, they blamed the debt amount,
NOT THE SYSTEM THAT DEMANDS EVER MORE DEBT to sustain itself.