Wednesday, December 7, 2011

Debt Jubilee

The time has come for a debt jubilee.

By now, it should be clear to everyone that the current status quo is absolutely unsustainable. The world's governments are staggering under a crippling load of debt. And, because of this, the bankers have taken control of the government of every major nation in the world. The working people of the world, those fortunate enough to still have a job, are likewise staggering under a never-ending mountain of debt, and facing a lifetime of economic enslavement.

The only answer to saving our nations, the only answer to breaking the power of the bankers, is a complete repudiation of all debts, by governments, by small businesses, by individuals, by everyone except corporations.

Of course those who profit from the status quo will scream bloody murder at the suggestion. Of course they will heap scorn upon the idea, and predict that it will bring about the apocalypse. Of course the powers-that-be will do anything they can to prevent this idea from even being seriously considered. But let's think about it logically.

Who would suffer, in the end? Well, the bankers would. Individuals would prosper, small businesses would prosper, governments would be relieved of a huge and crippling portion of their mandated budgets. There would no longer be any excuse for cutting vital social programs, and of course the Conservatives would hate it for that reason alone.

The only people who would really suffer would be the rich,. and the banks they control. Yes, the banks would take it in the ass. But, who caused this financial crisis in the first place?

Well, the bankers did.

Why is it so outrageous to suggest that those responsible for creating the problem should pay the price of fixing the problem?

Think about it.

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