Sunday, February 14, 2010
Why don't we learn from our mistakes? Obama put the tricksters in charge again?
The Fundamental flaw in American Capitalism is not the gambling on nested derivatives, it is that our economy is based upon 'Debt-Money', created out of nothing but the promise of our future, which our Government must then pay interest upon forever.
As long as the "Federal" Reserve, a cabal of private bankers, is allowed to profit without creating anything of value, our future will be in jeopardy. How many generations must we sacrifice until we learn the lesson. We should stop borrowing from the FED. and only borrow from ourselves, in interest free greenbacks, then the only price we pay will be shared among all Americans, equitable based upon wealth, and invested in our collective future.