I clicked the video and watched it on YouTube. Good content, but it was posted last August.
6 months gone by, I guess its much worse now.
So we wait and see if Congress refuses to raise the debt ceiling, forcing the federal government to act responsibly and start cutting budgets (starting with DOD), cutting wages, dismissing worthless government employees who we know get a fat paycheck every 2 weeks and do little or nothing to earn it. The task list is endless... or they will raise the debt ceiling and put us another trillion in the hole, symbolically kicking the can down the road for our great grandchildren to bear the burden of figuring out how to pay this debt off. The only other choice is to allow "the elite" to declare the entire world incapable of paying down their debts, so they will be forgiven, as long as each county agrees to a one-world digital currency. 666 here come!
they'll offer incentives like u said-debt writeoffs-in exchange for world currency. today discussing irish/greek bailout paybacks extended to 30 yrs, perhaps to get portugal spain italy etc to jump into the ship and every time they agree they lose more say in sovereign rule. is discussed that the countries that are pegged to dollerz should unpeg which would in some opinion cause their currency's to rise thus less food inflation, an idea but also while breaking the known reserve currency by design leading to eventually 1 world currency form..on board the 1 currency push are all the leaders including statements by geitner and bernake and the large multinationals are going to make money and power with any currency in place, also statements mentioning often the old system can't last, more international regulators and regulations needed, a world panel or body, alot of things their working at
I have news for the Republicans. If they start taking away Social Security, you will finally see a bunch of fat old people start the revolution.All this crap about Social Security is just bullshit; Wall Street can't wait to get its hands on that money. If you think people are poor now, wait until granny camps out on your lawn.
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