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<p>[QUOTE="Cloudsweeper99, post: 1204336, member: 3011"]The situations are the same in that an action previously believed to be fatal to the continuation of a civilized society can turn out to be the best course of action. Iceland should be praised for standing up to the international bankers. I would never recommend defaulting on the dollar, but I think the time is approaching when the US will have to restructure the debt. It is the only compassionate course of actions. I know that in many circles it is believed that banks and corporations are more important than people, but I happen to believe the laws to charter banks and corporations were written to make life better for people. It would be the height of folly to make several hundred million people suffer for generations so that the elite 1% can continue to take home bonuses. And this is even more true when we now have a solution that has been tested in the real world.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1204336, member: 3011"]The situations are the same in that an action previously believed to be fatal to the continuation of a civilized society can turn out to be the best course of action. Iceland should be praised for standing up to the international bankers. I would never recommend defaulting on the dollar, but I think the time is approaching when the US will have to restructure the debt. It is the only compassionate course of actions. I know that in many circles it is believed that banks and corporations are more important than people, but I happen to believe the laws to charter banks and corporations were written to make life better for people. It would be the height of folly to make several hundred million people suffer for generations so that the elite 1% can continue to take home bonuses. And this is even more true when we now have a solution that has been tested in the real world.[/QUOTE]
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