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alstry (34.97)

Zombulation To Communist Natioin

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October 03, 2010 – Comments (3)

For three years....I warned you that if you cut off credit to a credit dependent private economy, the private economy would essentially shut down.........and if you only bailed out Washington and Wall Street by providing them unlimited credit .....soon the vast majority of the nation would be dependent on Washington and Wall Street to survive.

Alstry was amazed how we bailed out Washington and Wall Street but NOT THE PRIVATE SECTOR Debt...

Right now, with basically our entire health care system dependent on medicare/aid payments plus the health insurance of over 20,000,000 government workers.....70% of all healthcare dollars comes from government.  Add in the families receiving unemployment benefits and food stamps, and the majority of the nation depends on a government payment to sustain themselves.....

The funny part is the government is running such a large deficit that it doesn't really even have the money to pay for its employees, medicare, social security and defense........it just prints something that doesn't really exist.  And as money is power.....government and Wall Street are simply printing power that the people are not really giving them.

So basically our nation is running on a government driven economy......without the funds to run it...

Buffett understands this....so does Bernanke......and they know where this is heading...because they have access to unlimited credit......and the private economy doesn't.

Consequently, Wall Street and Washington will soon control practically everything in America.....and can decide who gets how much if anything....

For example, if government wants to cut off payments to the poor it can....yet give bankers billions in bonuses....it can.....if it wants to cut off your city from credit...but give another city credit....it can......if it wants to give you a job....but fire thousands of others....it can..cut off health care to some...but give it to others.....it can

Basically government and Wall Street can do anything they want now....if they wants to give credit to otherwise insolvent homebuilders...yet cut off credit to private homebulders...they can.....or give credit to GE but cut off credit GM.....they can....and thjey can do it without any reasonable justification either way or which one to pick.....

Buffett understands this and that is why Buffett is no longer Buffett anymore....his businesses are some of the largest recipients of government handouts ever.....for the man against inheritances, few individuals have inherited more free money from the taxpayer than Buffett.

My guess is if America were to take a vote right now....it would vote for communism so long as most Americans continued to receive payments from a government that really didn't have the money to make the payments...

You wonder why a federal worker gets a paycheck when the federal government really doesn't have the money to pay them.....this has become very much like communism when the state doesn't have the money to pay the federal worker.......yet issues money to those that works for the state...but there is no money for those that don't work for the state....the state pretty much controls everything along with Wall Street.

THE DIFFERENCE....in the past...the government and Wall Street were forced to contract along with the private economy...but now it is just the opposite, government and Wall St. are getting raises and massive bonuses simply because they get to print money and the private economy doesn't.

Now, if government stopped printing, the nation would shut down.  Healthcare....40,000,000 on Food Stamps......40,000,000 working for the government and on unemployment....PLUS ALL THEIR DEPENDENTS......basically the whole nation now depends on government printing money it doesn't have.....just like Madoff's clients depended on Madoff handing out returns he didn't make....

If you think about it.....we have essentially morphed into a Communist style economy with the relics of the greatest Capitalist legal system ever created by man...and that legal system is breaking down fast....whenever government and Wall Street can grant itself unlimited credit....but credit is limited to the private sector that is dependent on credit......you know with certainty that in relatively short order, the private sector will shut down.....AND EVERYTHING WILL BE DEPDENDENT ON GOVERNMENT AND WALL STREET TO FUNCTION.....it is a taking without taking.....

We are just about there.....it is why politicans and Wall Street keep telling you things are getting better when you know they are getting worse......for the private sector......and so few cared or could see......we have morphed into the system that our forefathers faught and died for to create.....and now its gone.....without evening knowing it to boot......pretty amazing.....

LET'S MAKE ONE POINT CLEAR....IT IS NOT THE END OF THE WORLD...SIMPLY THE END OF A WORLD AS YOU KNOW IT.......and we begin the Digital Age....where everything is controlled by government and its friends.......from how much you make, to what your property or investments are worth.....to just about every aspect of your life.....

If government wants to make gold valuble it can.....if it wants to make it illegal....it can.....it can issue credit to whoever it wants and cut off credit to everyone else.......it is the Digital Age and in the Digital Age....he who has the credit.....has the gold....and government and Wall Street now have the credit....not the private sector anymore......

In the long run this could be good for humanity...as we were on an unsustainable course depleting the world's resources.....let's hope appropriate checks and balances are put into place as right now there are seemingly few......

Our nation is rapidly becoming divided....those that want to keep getting the handouts from a government that doesn't have it.....and those that want to return to a system of private property and individual rights.....my guess is there is hopefully some middle ground that balances out....but who knows as absolute power often corrupts absolutely....and right now we have given government and Wall Street effectively absolute power....

Good Luck to All As We Move Forward.......Welcome to The Digital Age......where Digital Credit is Money and Digital Credit is Power.....

3 Comments – Post Your Own

#1) On October 03, 2010 at 2:47 PM, alstry (34.97) wrote:

Sorry for the spelling mistakes....this was a stream of consciousness blog.....and for those of you that think this is a Republican or Democrat issue...you are both wrong......

BOTH parties have put us on this path.

and for those of you thinking of leaving the country.....sorry, because it appears the entire world is heading into the Digital Age together.

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#2) On October 03, 2010 at 8:25 PM, JerseyShoreGirl (< 20) wrote:

I agree that this is not a partisan issue; party affiliation is an illusion of choice.

Couple of questions ...

In your opinion is the "entire world heading into the digital age together" the same as world communism .. a new world order? 

How does Wall St. fit into the Digital Age?  Will Wall Street jobs survive this ?

 

 

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#3) On October 03, 2010 at 9:15 PM, alstry (34.97) wrote:

Many on Wall Street will lose jobs.....as we digitize.  Fewer will be able to do more.....and Wall Street will become World Street.

And the vision of the Digital Age is a cross between Communism and Fascism with nearly everything under digital control.

The "freedoms" we had in the Industrial Age will be relics in the Digital Age.......as control will be so easy to control.

Right now everything is being planned.....that which is extended credit lives.....that which is cut off DIES.  If your employer or customer gets credit, you live.....if not, you DIE.

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