WARNING: All Men Are Created Equal
This is the key principle behind the formation of our nation the the foundation of our laws.
As this breaks down, the spector for violence and potential unrest rises dramatically. LA riots after the controversial verdict is a perfect example.
Right now, a very dangerous situation exists in America....essentially the nation is insolvent at practically every level but only selective few are getting credit. The only difference between the citizens of Washington D.C. making good salaries and living in an affluent environment for much of the area and the citizens of Detroit living in squawler is one group's employer has access to credit and the other group's doesn't.
NEITHER EMPLOYER/GOVERNMENT GENERATES REVENUES SUFFICIENT TO PAY ITS EMPLOYEES!!!
Why should the Federal Government get access to credit and not cities, counties, and states?
Why should public companies get access to credit and not private companies?
Why should Wall Street banks get access to credit and not local banks?
Remember....at some point Americans are going to figure out what is going on......and as they do, will get very angry. Especially as more and more get kicked out of their homes by insolvent bankers getting bonuses with what is rightfully the citizens money.
What makes a certain group the "chosen ones" and everyone else not...? In some countries, that is fine....in America it is an explosion waiting for its time. My guess is the government is preparing for this moment.
We are now going to cut off credit to retirees, the idle rich, and hospitals/health care. This is where it is going to hurt. These are the people that feel secure at the moment. You can already see the headlines starting to come out right on que.....
Pension Gaps Loom Larger
Update: Mercy Fitzgerald Hospital - 25
McCullough-Hyde Memorial Hospital - 22
Just like Alstry predicted.
Now the question is when will enough be enough and private citizens demand they have access to credit in an equitable fashion as Wall Street and Washington? or is a conflict brewing between the citizens of the United States, WE THE PEOPLE..........and Washington and Wall Street?
This sounds just like a story told about 236 years ago......