The Bankruptcy of The United States

Posted by UncommonSense 9 years, 6 months ago to Politics
23 comments | Share | Flag

A rare piece of truth spoken by recently deceased Rep. James Traficant, Jr. Don't bother me about the phony, trumped up charges that the establishment made to shut him up by putting him in prison. Read what he said back in '93.


All Comments

  • Posted by fivedollargold 9 years, 6 months ago
    Hard to believe, given the subject of this post, that no one has mentioned gold. Just saying.
    Reply | Permalink  
  • Posted by $ jbrenner 9 years, 6 months ago in reply to this comment.
    The US government became obstructive when Teddy Roosevelt became president and has been ever since, and has definitely been obstructive since the start of the Woodrow Wilson administration.
    Reply | Permalink  
  • Posted by $ jlc 9 years, 6 months ago in reply to this comment.
    I was thinking last night, courting sleep, that if we could 'turn the Fed govt back' to what it was in about 1930 or 1940, we would have a workable system where the government had enough funds to support the deeds we wished it to do but not enough to get in our way. jbrenner and everyone else: what is the _most_recent_ date at which you think the US government was 'functioning but not obstructive'?

    Jan
    Reply | Permalink  
  • Posted by $ jbrenner 9 years, 6 months ago in reply to this comment.
    Not only do our senators and congressmen have no knowledge of economics, neither do most citizens, let alone non-citizens. This is part of the justification regarding property ownership amongst the voting populace back in the late 1700s.
    Reply | Permalink  
  • Posted by $ jbrenner 9 years, 6 months ago in reply to this comment.
    I just have a hard time hastening the end of the US. Perhaps it is part of my interpretation of the non-aggression principle. Hastening my end - well, I have no problem with that.
    Reply | Permalink  
  • Posted by $ jbrenner 9 years, 6 months ago in reply to this comment.
    A couple more years like 1997-1998, and I could have retired back in 2002! I haven't gained toward retirement since 2000.
    Reply | Permalink  
  • Posted by salta 9 years, 6 months ago
    Somebody spells out that the US is digging itself into a big hole.
    20 years later?... still digging
    Reply | Permalink  
  • Posted by johnpe1 9 years, 6 months ago
    anyone know how to convert national debt into
    instantaneous effective-inflation? the ratio between
    the debt and the total $$ in circulation, or
    something like that, should lead to it -- j

    Reply | Permalink  
  • Posted by Herb7734 9 years, 6 months ago
    Was anyone listening then? They sure as hell wouldn't listen now. I believe that very few senators and congressmen know anything about economics. I know that after going all through school, the word "economics" could have been in Swahili as far as I was concerned. It wasn't until I started reading A.R.'s books other than fiction that I was forced to learn about it in order to understand what she often referred to. I'd be willing to wager that not one in 50 members of the three branches could pass an Economics 101 test. If that's true, and I believe it is, there's no way people of either party can unscrew the screwed up economy of the USA.
    Reply | Permalink  
  • Posted by richrobinson 9 years, 6 months ago in reply to this comment.
    Humble. I didn't think we would discuss the end of the US in my lifetime but more and more I have customers I talk to that openly talk about it.
    Reply | Permalink  
  • Posted by $ jbrenner 9 years, 6 months ago in reply to this comment.
    John Galt went farther than I have. He actively stopped other producers. I am not quite that aggressive in bringing about the end.
    Reply | Permalink  
  • Posted by jimjamesjames 9 years, 6 months ago
    The purpose of our handlers (historically) has been to remove any objective standards because subjective standards are so much more fun (and destructive) to manipulate. Consequently, subjectifying (is that a word?) money gives them the ultimate control over everybody and everything. It is a done deal.
    Reply | Permalink  
  • Posted by $ jbrenner 9 years, 6 months ago in reply to this comment.
    FYI - I am witholding my innovation in nanotech, desktop 3D fabrication, and biotech until we meet in Atlantis. This society is no longer worthy of my innovative efforts.
    Reply | Permalink  
  • Posted by CircuitGuy 9 years, 6 months ago
    It sounds eerily familiar. Maybe over the next 20 years we will see more loose monetary policy and a revolution in nanotech, desktop 3D fabrication, or biotech, creating a deluge of new services and value we can't imagine. I feel like I'm living in '97.
    Reply | Permalink  
  • Posted by Genez 9 years, 6 months ago
    The problem is that most people don't understand or believe this. While I am not familiar with all of the documentation, I have read these allegations in other forms and fashions in other places.. That statements about the Federal Reserve and our currency are dead on. I am not as sure about the statements alleging the suspension of the Constitution and so on...
    Reply | Permalink  

  • Comment hidden. Undo