Saw a PBS interview that estimated that every child born today already owes 1 million dollars toward the deficit. Thanks Enron! I'm really curious how this is going to all play out. The whole house of cards will crumble but people will still be alive so something has to follow. We're really playing with monopoly money and lately I've been musing that the same scenario that eradicated the American Indian is taking place again. Land is all important. There is no record of the flim flam that happens to allow small groups of people to own land. All that matters is who owns it and who defends it. So, after the collapse the only thing that will matter are the people who claim to be the owners of land (banks)...and the people they employ to defend that claim (thugs). It's been the model of Feudal England and Colonial America. But it has evolved into deeds and broken treaties and exploding loans. Hell, all the evidence points to a ruling that most of America was seized illegally from the Indians. AND IT MAKES NO DIFFERENCE.
Wednesday, May 9, 2012
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