Of course in the U.S. it's no different. Today Obama pitched another completely unfunded jobs package that will cost $447 billion. Lying con man Obama doesn't have the cash to fund this and he doesn't have the balls, desire or ability to tax it out of the workers. So, despite all his promises for austerity, he is more than willing to pile another wasted $447 billion onto the empire of dept. This is no way to move in the direction of a deficit reduction program and indeed, the debt Ponzi will collapse just as soon as we can find someone with the balls and intelligence to say "no mas" to the continually growing deficits. Sorry, a "soft landing" has long been off the table and the con men at the helm know it. They either continue pumping up the debt or the global economy will massively deflate and the day of reckoning will have arrived.
Of course, it's eventually going to arrive anyhow but hey, let's just kick the can down the road as if it doesn't exist until the problems get so bad that no amount of stimulus makes any difference and the scam collapses anyway but with many more dollars involved (and lives ruined) than before. Yep, let's stick the kiddies with all of our failed debt and leaderless political mistakes. Nah, don't worry. They won't begin to rebel at it. They will just take it and take it and take it forever.
Until they don't. And when they don't we will know all about it. How do you think the drug lords of Mexico got started? Were they born a$$holes and killers? Of course not. They were children. But after living a lot of their youth with the promise that their life was a guaranteed dead end they decided to take what they could, how they could, whenever they could, from whoever they could. They decided to form what is essentially their own society, government and military. They have gotten so powerful that they now in the early stages of challenging the Mexican establishment for control of the country. You will know the drug
lords are winning if they ever decide to issue their own money to the people of Mexico to compete alongside with the Peso. Think about it:
- They could back it with cocaine and marijuana sales. Think that's funny? Your money is backed by nothing! I would MUCH rather have money that is backed by some commodity, any commodity. It doesn't mean I endorse that commodity, it just means the money has some backing which is necessary in the market place in order for people to have confidence in trading your currency for their hard-earned goods and services.
- Towns that accept the money would receive protection from the drug army. Towns that don't accept it, well, they could have "accidents" or be paid visits by the drug army. In other words, the drug politicos would learn from the examples of the U.S. and other well established sovereign governments.
- Again, taking a lesson from corrupt mainstream governments, drug lords could make 3% on inflation of this new money supply and would thus have enough money to pay off or kill anyone who would cause trouble. People could end up with relatively save lives for a few years or maybe even decades until they eventually de-linked their currency from the drugs and ended up with fiat currency. Again, just like any newly reformed sovereign country.
- Over time, the violence would all go underground and the drug lords would take on airs of legitimacy. Heck, they could even appoint ambassadors to other countries in the sure and certain knowledge that none of them was really much different than they were...
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