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<p>[QUOTE="bahabully, post: 1135179, member: 17555"]".. no longer capitalism but rather socialism!" <<< oh my.. lol. you are late to the game ; ) we've been a socialist society for decades...... welcome to the party, it just keeps on getting bigger, enjoy ; )</p><p> </p><p>... btw,,, the "fate of the nation" is not dependent on the short term credit market. .... for what it's worth, local economies can be very robust,,,, local markets can keep food on the tables for extended periods of time....I have ledgers only a couple generations old noting services and goods transactions completed in "chickens", etc.... I doubt we'd sink to that level due to a short term vapor lock of short term credit solvency,,, but if needed, it could & should be done !!...... hell and damnation would not follow a temp collapse of the short term credit markets !!,,, ... and even if it did collapse, those bailed out companies (many of whom didn't have squat to do with short term credit) could have been replaced with healthy banks, or by new banks, pretty quickly.</p><p>The "world will end" sound bites your rolling are overblown and were employed to convey fear and panic to the sheeple so they didn't do what ol' Ben once said,,,, "..if the masses ever came to understand how the bankers conducted business with thier tax dollars the streets would be full of people with pitchforks.." (.. or was that Hamilton?) anyway, - to me it sounds like very very old money has been running the banking game for a looooong time.... and I don't expect the banking game will ever be fully understood by the sheeple, nor do I think the games rulers or it's erosive effects are ever likely to change..... but it's fun to chat about.[/QUOTE]</p><p><br /></p>
[QUOTE="bahabully, post: 1135179, member: 17555"]".. no longer capitalism but rather socialism!" <<< oh my.. lol. you are late to the game ; ) we've been a socialist society for decades...... welcome to the party, it just keeps on getting bigger, enjoy ; ) ... btw,,, the "fate of the nation" is not dependent on the short term credit market. .... for what it's worth, local economies can be very robust,,,, local markets can keep food on the tables for extended periods of time....I have ledgers only a couple generations old noting services and goods transactions completed in "chickens", etc.... I doubt we'd sink to that level due to a short term vapor lock of short term credit solvency,,, but if needed, it could & should be done !!...... hell and damnation would not follow a temp collapse of the short term credit markets !!,,, ... and even if it did collapse, those bailed out companies (many of whom didn't have squat to do with short term credit) could have been replaced with healthy banks, or by new banks, pretty quickly. The "world will end" sound bites your rolling are overblown and were employed to convey fear and panic to the sheeple so they didn't do what ol' Ben once said,,,, "..if the masses ever came to understand how the bankers conducted business with thier tax dollars the streets would be full of people with pitchforks.." (.. or was that Hamilton?) anyway, - to me it sounds like very very old money has been running the banking game for a looooong time.... and I don't expect the banking game will ever be fully understood by the sheeple, nor do I think the games rulers or it's erosive effects are ever likely to change..... but it's fun to chat about.[/QUOTE]
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