Posted on 11/22/2009 10:55:23 AM PST by Fyscat
In 2010, as protectionism and the economic and social depression will gain momentum, a large number of States will be compelled to choose between three brutal options: inflation, high taxation or defaulting on their debt.
(Excerpt) Read more at leap2020.eu ...
In this article the term “state” means nation state, not US States.
Guys, they mean “nations”, not states in the US.
Get rid of King George Obama NOW.
Get rid of 60 percent of govt. and its employees.
Most are worthless doing worthless jobs.
When it says states, its acually refering to the US as a whole.
if YOU had to depend on SS you would toot another horn.....
as it works out, many of us out here have lost our pensions thru suspect bankruptcies or work part time during the family years and there is no grand pension waiting....
I think people that come out strongly against SS are people sitting pretty with their govt pensions.....
INDEX if you must...but my husband and I are going to NEED the SS....this govt owes him and I since they saw fit to destroy his industry, along with the union, and had judges backing the crooks.....
SS is all I have for retirement. We are talking about financial armageddon here. If you are happy to drag the whole economy down to destruction to maintain your own pension for that little time that it is extant while the economy crashes then I can’t say anything for your own perception. Everything can go to hell so long as I get my piece. There is a pretty good chance it is all going to disappear in hyperinflation. At this point the whole country would be better off, even you, if the government simply cut its losses and cut everyone off the dole, even the earned dole, and eliminate all the entitlements and most of the unconstitutinal-anyway spending we would go through a short sharp “correction” or rather an old fashioned “panic,” and we would come out of it in a whole lot better shape than this continual exacerbating of the situation that puts off the day of reckoning and promises to make it far more harsh and longer lasting. That is assuming we can come out of it without a totalitarian result. So long as even the conservatives cannot think past requiring the government to pour out more counterfeit fiat money so they can still get their little bit for just a little longer then we cannot fix this and the collapse will probably be final. Please Mister Crocodile, eat me last.
Common sense is not an option.
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