One of my passions is economic discussions...so here goes a short soap box making a few points to stir the pot.

+ Few today have discussed a direct resemblance between today and the late 1920's economic engine. The Great Depression was not a result of a lack of wealth. It was direct result of consolidating our wealth into fewer and fewer hands. It was the consolidation of industries to the point of a serious drop in the middle class populace. Their were not enough people with enough spending power to keep buying goods and services.

To move out of the depression one of the keys was to break up the monopolies and put laws in the books to prevent the mass consolidation of industries. These laws still exist but they are being ignored.

Today the same trend is predominating our industries. Factories are closed, reckless consolidation of companies, and a dramatic down sizing of our middle class.

+ i think i read that 41% of all income generation in the US does not come from industry/profits. It comes from non-business sources such as farm payments, government employees, welfare, unemployment, social security..... this figure should scare the jeebers out of everyone.

+Most do not understand that our constitution allows for our government (we the people) to print our own money and not charge ourselves interest. We have given this task over to a few banking families such as the rothchilds, rockefellers ect... called the Federal Reserve. The Federal Reserve issues purchase orders to the US Treasury to print money and then the US Treasury borrows this back and is charged interest for the money they just printed....say what??? Why aren't we standing up and shouting at the top of our lungs to stop the non-sense? The reason we will never be debt free is because the Federal Reserve banking families make money off the interest. No debt and then no interest.....not too funny is it? war...government helath care, social programs...all equal debt and interest payments. I'll guarantee you the reason for government health care is directly tied to debt and tax..plus power and control. It has nothing to do with 'our health'.

100% of all federal income tax collected goes to pay the interest on our debt to the Federal Reserve banking families.... i want to stress..100%. Our federal income tax dollars do not pay for roads, social programs, or anything else!!! It goes straight to a few families who charge us interest on money we print..and money that has nothing backing it. It is created out of thin air.....

Categories: Dave's Rants