Ron Holland
1/19/2011
Everyone with any intelligence in the US and around the world knows that there is no way for Washington to manage the tens of trillions in debt and unfunded liabilities short of ultimate repudiation or hyperinflation. Thanks to Wall Street bankers and the Anglo-American financial elite, our ruinous debt-financing Ponzi scheme has also been exported to most Western nations. These politicians have made a compact with the devil in delivering vote-buying programs and postponing the interest and debt reduction to future generations. Watch the cuts and subsequent riots in Greece, Ireland, the United Kingdom and you’ll see just a little of the future for the United States with its faltering world reserve currency status.
The question is, should the citizens and the formerly sovereign states of the United States wait for Washington’s foreign creditors to seize the remaining government and private assets left after our politicians have finished with us? Read More
