My Little Fools
May 05, 2010
– Comments (6)
Did you really think that you could give the Bankers, Wall Street Excutives, and Politicians all the free money they wanted so they could buy their kids shiny new cars and spouses really big homes.....and stick it to the citizens.....and not have the citizens revolt.
Cmon....you think most of the citizens are like the Foolish sheep?????
Money has now simply become the extension of a loan if you are a banker, Wall Street Executive, or politician....but something you must work for if you are a citizen. Why should a soldier risk his or her life to protect such an unjust system?
Money used to be the product of labor for all....the politician used to have to generate taxes to pay himself, the banker profits, and same with the Wall Street executive......but no more....and most of you Fools didn't have the education, training or experience to see what was happening right before your eyes......because you were too distracted by the ticker....just like Madoff's clients were distracted by their monthly statements and monthly checks.
But during the entire time, your investment accounts were being stuffed with toxic paper while your life's savings was stolen as you sat there and cheered it on....Alstry tried to warn you....but too many didn't care to make a difference.
Now on 5/5/10....The Digital Age Begins....where we start to restore the integrity of money as the money is simply running out for the masses.
Money must be more than simply the product of a loan for a select few....at least perceived that way.....or else no one will work for money.
Keep watching the ticker........your account is being looted by the bankers, Wall Street Execs and politicians as more and more of your hard earned money is replaced with debt.
Between 1950 and 1980....debt was relatively stable in America. Between 1980 and 2010, total public and private debt increased from $5 Trillion to $55 trillion (not factoring entitlement obligations)....and most of that was increased in the last ten years.
How hard is to to fake prosperity when you are borrowing and spending trillions per year? But when you limit the prosperity to a few and cut off the citizens.....that is when you know problems will arise. If it is Ponzi scheme for a few, it should be a Ponzi sheme for all.
The Greeks understand this fact....that is why they are rioting. There is little difference between giving up your life for principle and giving up your life for money. I am confident the rest of the world will now wake up soon just like the Greeks.
Once again, welcome to the Digital Age....it is time to grow up and start taking responsibility for the integrity of money....you know, that thing that we all keep score with........because when money is a fraud......the game is no more.
And if you are looking back at our history for anything close....may I suggest the 1870s which initiated the transformation from the Agricultural Age to the Industrial Age....but if my analysis is correct, this transformation will be much more convulsive.