[ikeonic]

Adding this passage from Thomas Jefferson...

On this view of the import of the term republic, instead of saying, as has been said, "that it may mean anything or nothing," we may say with truth and meaning, that governments are more or less republican as they have more or less of the element of popular election and control in their composition; and believing, as I do, that the mass of the citizens is the safest depository of their own rights, and especially, that the evils flowing from the duperies of the people, are less injurious than those from the egoism of their agents, I am a friend to that composition of government which has in it the most of this ingredient. And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

[stockpirate]

ping

[Puddleglum]

I agree with the idea that nothing is being done to encourage savings, and we are in a trap of borowing to cover unsecred credit.

That said, I canot hear the phrase “the chick-ennz are comin’ home [pause - wait for it] TO ROOST!” without hearing it in Reverend Wright’s voice anymore.

[wolfcreek]

Alan Greenspan (CFR, Bilderberg, Trilateral com., BIS, FedResv., etc...) How could this man be in an influential position? {8>)

http://www.modernhistoryproject.org/mhp/EntityDisplay.php?Entity=GreenspanAJ&Start=1954

[Realism]

Greenspan couldn't do it alone. Much of this could not have happened without the massive deregulation which took place under both Clinton and Bush. All parties were made well aware of the dangers and chose to ignore the likely future consequences.