среда, 16 октября 2013 г.

The Debt Ceiling in US is a fake

This is what i wrote yesterday on MW:

"i really don't see what's the problem. they've been raising the debt ceiling countless times avoiding the default. they really don't have any other option - the US is broke. even starting new wars doesn't help. 

the system works in the way that it demands constant debt escalation. 
first of all the system is inflationary. it is believed that unless you have inflation the economy can't grow. 


secondly it is the fractional reserve system that allows you to borrow 9 times more than you have (roughly).


thirdly it's an interested based system meaning that everything you borrow you must return with an extra %. but the money for this interest is never created so in order to return it you can do one of the 2 things - be very profitable or borrow more to cover previous debts! that's it. and the US is obviously not going with the 1st option...

well, this has to stop. at some point. this point may very well be here. i mean, if you want to deflate, it's better to do it now than 10 years later when the debt is twice the current one. though the consequences will be pretty much identical. for the people at least. the banks won't give a ****. as always... actually they'll make the taxpayers pay again. they'll take the properties away. ...it's not a pretty picture. but who's fault is it? it's the peoples fault! they're too concerned with minor things and are too lazy to think and educate themselves! so who's fault is it that they'll find themselves abused by the banks yet again?..."


And i didn't even follow the news ONCE! The only thing i heard was that there is a debt ceiling issue and that the US government was shut down. though it really wasn't! only part of it was not functioning, and a very small part (as i heard from Scatigna).

But back then i said - it's all bull shit! this is what i said back on the 4th of October - 
"every year they turn on the same "Santa Barbara" about the debt ceiling. i don't really understand why people still listen to the news about it. debt ceiling is one of those things that is absolutely not important and irrelevant because the system demands that it is raised constantly. when there is a 100% chance of something happening - why would you even want to argue about it? raising this movable ceiling is a 100% probability. it's not even a probability - it's an inevitable event. and this whole drama is really just a show. so stop reacting to it like it's something important. instead you should protest that such a minor thing leads to this show with gov. shutdown, way too much attention in the media. trust me there are more important things happening out there. you should protest against this system that demands these santa barbaras. protest against people in gov. getting payed to "resolve" these issues in show-type manner!..."

And i wake up this morning and i see headlines saying the US "avoided default"... ah, what a surprise...

Really, this is for me like listening to children in a preschool talking about the latest Naruto episode with such belief in the importance of this event like it was the most important thing of their lives! but those are kids, they'll grow up and hopefully will learn to see what's important and what's not. but the politics have no excuse! those are grown men places in the government to do one job only - lye to the public! and for that lye they should be punished... but they can only be punished by people who are smart enough to see those lies! and to do that we must all educate ourselves. in truth, you can't even rely on the educational system to educate you! you have to seek knowledge by yourself! and the first knowledge that you must have is critical thinking. without it you may easily fall pray to some religious sect that will brainwash you about the end of the world. or you may fall into democrat-republican brainwasher without realizing that it's the same thing. or you may fall into the hands of the mass media, and chances are you are already in their camp. if you have a TV and you watch the so called news - you're a zombie... so first of all - learn critical thinking and learn to make your own conclusions. never listen to the "news"! in fact, though out your TV and burn it so nobody can pick it up and take home with them to watch. TV is your number one enemy because it controls your mindset and your believes...


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