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The greatest problem we have is misinformation. People simply do not comprehend why and how the economic policies of the post-war era are imploding. This whole agenda of socialism has sold a Utopian idea that the State is there for the people yet it is run by lawyers following their own self-interest. The pensions created for those in government drive the cost of government up exponentially with time. The political forces blame the rich and this merely creates a class warfare with no resolution for the future. Even confiscating all the wealth of the so-called rich will not sustain the system. Consequently, we just have to crash and burn and start all over again.
The Guardian reported that some 50,000 people marched in London to protest against austerity. They cried: “Who is really responsible for the mess this country is in? Is it the Polish fruit pickers or the Nigerian nurses? Or is it the bankers who plunged it into economic disaster – or the tax avoiders? It is selective anger.”
The exploitation by the bankers has been really a disaster. They have been their own worst enemy and in the end, they have become the symbol that inspires class warfare if not revolution. They are not the representatives of those who produce jobs. They are merely those who wanted to trade with other people’s money for free. When they win, it is their’s, but any losses are passed to the taxpayers. Bankers should be bankers – not hedge fund managers who keep 100% of the profits using other people’s savings.
The repeal of Glass Steagall was the final straw that broke the back of the world economy. That was the single worst act that could have ever been done and we are now paying the price in spades. The collapse from 2007 has wiped out even the liquidity of the markets. The second worst act was the creation of the euro when the real goal was the federalization of Europe from the outset. That undermined the entire European banking system and has led to a serious undermining of the entire global economy.
The solutions from politics will always be the same – grab more power. We are in a downward spiral of liberty and how far we go down this path to the future will be determined by the people and if they at least wise up and see this is not class warfare, it is the people against government. This is why I say career politicians are dangerous for they can be bought way too easily as Clinton was to open the flood gates for the bankers.
This is not going to end pretty. The question is when does society wake up? Just how high will this price be that we have to pay? They will blame the rich and the idiots will cheer – get them. What will happen when there is no more wealth to hunt? We end up with a communist state by default – no wealth, just career politicians who blame everyone but themselves.
Delivered by The Daily Sheeple
Contributed by Martin Armstrong of Zero Hedge.
*sigh* Ok, I read all this stuff, here in this article and all over BIN. . . I am getting weary of ready, “wake up”. Why? because no matter how awake we all are, wtf can be done about any of this? Do you really think anything that we can do will change any of this? Really? Ok, so I’m awake, now what do you propose I do about all this eh? Just wtf can I do? There’s never any talk about what to do about all this stuff I read about on BIN. You wanna know why there’s no such talk? Because there’s not a thing that we can do about it, it’s our destiny. Suck it up buttercup(s) because everything is planned by a higher power when it comes to world events and there’s not one single thing we can do to change the events that will unfold, it was all pre-planned.
Go in peace, love thy neighbour and repent.
WE CAN REVOLT LIKE THE FOUNDING FATHERS AND I CANNOT WAIT!
How many British Agent “Founding Fathers” died in battle? Why was our Constitution written up by the Vatican and sent here to be adopted? Btw…No one signed the Con-stitution..It was only witnessed! Why were they called the “Framers”? Why was the first President of the private FOREIGN CORPORATION George Washington allowed by the con-stitution to set-up the 1st private foreign bank here and also set up postal code districts that indicate FEDERALIZED ZONES and FAKE PRIVATE FOREIGN CORPORATE COURTS under British and Roman Law under Admiralty/Maritime Law where we are court-martialed as the ENEMY? Why does Con-gress mean “Against Progress”?…I could go on and on and on…We’ve been set-up from the beginning and people are all mis-informed and ignorant to their own SLAVERY!
Well, Kate, there’s a saying: People who ‘want’ to change the world, do. Your average Joe Blow doesn’t want to change the world, he just wants to be comfortable ‘in it’. But in the long run, you shouldn’t worry about anything you read here. It never comes true. As prophets, these people make good doorknobs. If you want to really know what happens, pick up a history book.
Lots of cultures have had financial trouble, and the response varies.
As for blaming the wealthy, people always have. As far back as primitive times, when times went bad, the wealthy were sacrificed to the Gods. On the face of it, humans said, “Well since the Gods love ‘you’ so much more than everybody else (hence your wealth) go tell them that we are suffering.” You sacrifice the King, or the upper class. But its really just ‘wealth redistribution’. With the one person sucking up the resources which could be spread among many more people gone, there’s at least more resources to be spread around. Because the survival of the group is much more important than the survival of the ‘few’.
Civil unrest?
Where, please tell me where in the USA you are talking about?