Crash Course Chapters

  
Course Chapters

Chapter Thirteen: A National Failure To Save

 

anti-american propaganda

Heck this site sure is the most superlative propaganda, such that one can hardly help than believe it is true. My best guess is it is funded by a joint conspiracy of China, Russia and Arabia, with probably some jerky Canadians and Mexicans in on the act too. And opinionated Irarkies. This site needs to be closed down urgently and ... [rest deleted on the basis of a call towards violence]

 

Re: anti-american propaganda

G'day

And they say that "truth hurts", but really, a "firing squad"?

I am an Australian resident who is an interested spectator to events unfolding in the USofA, and I commend this site for its clarity. I and many others concur with Chris Martenson's assessment of the probable future that we will face.

As I near retirement, my superannuation fund has taken a big loss due to exposure to the sub-prime problems. We are told that our land rates (taxes) will to increase to cover losses incurred by Local Government investments in sub-prime loans. The real inflation rate is much higher that the official figures would indicate. Life is getting harder.

America’s woes will be our woes as, and yes we have characters like rpclarke in our community as well. God help us!

Keep up the good work

 

Best Regards

Chris Ryan

Brocklehurst NSW

rpclarke

It's unfortunate that you are unable to see the basic truth behind what is being said here.  Perhaps you should educate yourself on the beginnings of this country. And learn a little bit more about the current state of the economy.  Take some time to read the news, preferably from a source that is not part of the "corporate media", since they are owned by the very people who are profiting from the system. 

The economic problem that is being explained in the program is exactly what the Founding Fathers of this nation clearly were concerned about when they created the Constitution.  They had already learned the lessons of what happened to themselves during the revolution and what happened to in Europe when Fiat Money was issued. 

Most of the framers were very suspicious of banks, especially a Central Bank.  Therefore in Article I, Sect 8, Par 4, only Congress has the right to coin money and fix it's value, and in Article I, Sect 10 stated that no Thing shall be money but Gold and Silver.  The creation of the Federal Reserve Act goes contrary to the Constitution and therfore, in my opinion makes the entire current scenario quite un-Constitutional. 

 What is clear to me is that there are forces at work here that are taking what you and I own and giving it to those who are greedy for more money and more power.  It's insidious, and in all probability quite purposeful.  If you want a second opion, go visit Catherine Austin Fitts' site, solari.com, and read what she has to say about the "Tapeworm Economy". 

So who's truly being anti-American;  the authors of this site, or the Central Bankers that are complicit in creating the current situation?   I would argue that it is Central Bankers.

Re: Anti American Propaganda

This is one of the most informative web sites on the economic and environmental drivers that are causing - and will likely continue to cause us ALL to completely re-think what it takes to maintain a sustainable society.  The one we have is unravelling pretty fast but what's bothering a lot of us in the US as well as billions abroad is the "head-in-the-sand, Old Glory-wrapped myopia from the likes of rpclarke

 Get to the shooting range, Clarkey, and take out your frustrations with the current US administration there.

 

One other thing, rpclarke,  - semantics, maybe, but its important. America means the entire continent stretching from the Arctic Circle to Tierra Del Fuego.  Remember, we live in the United States - merely a part of the whole.

 

Thank you all for the support.


Hey there - I am a huge fan of free speech and let the initiating post on this topic exist for a week.

However, the calls for a firing squad were over the top and I finally felt I had to truncate the portion that advocated violence.

Also, after some thought, I just now banned the poster.

My rules here are simple. If you post something that a reasonable person would not say in actual conversation to another person, then you have crossed a line.

I realize that many consider that the anonymity of the internet provides some latitude in this regard, but I don't.

Here are my rules, plain and simple:
1) No calls for violence, at any level
2) Basic civility and courtesy maintained at all times.

Passionate, reasoned arguments are always allowed, while personal attacks are not.

Thank you.
Chris Martenson, PhD.

Absolutely Spot On!

This was a very well presented and accurate portrayal of one of the major mistaken pillars of the capitalist system, endless growth equates with endless prosperity.  In essense, we as a nation have been "borrowing" our lifestyle from overseas now for over two decades while mortgaging our children's future with low savinsg, debt and insane levels of government spending. We are now seeing personal and househodl budgets imploding for exactly these reasons with the national, state and local budgets following suit.

 

 

Save the USA

I can`t believe the amount of debt.

I am from South America. And you are repeating our economic history. You are going to hyperinflation.

Everybody still look up to America. But you are an Empire of Debt.
You must stop destroying the dollar, spending that much.

If I were American, I would vote for Ron Paul... LOL. that is the only guy addresing main trouble in America.

 believe in me, we`ve already been there. Hyperinflation massive default... it`s a nasty place.

I prefer America keeps the world leadership.

But you are giving it to the Chinese.

And this "course" is brilliant.

open your eyes...read the economic story of south American countries, and you will find that you are sending your country to the 3rd world..

God helps us. God help the USA.

  Since savings ik s the

 

Since savings ik s the excess of production over consumption, the failure to save is the same thing as the failure to produce. That is indeed the real problem. We work a lot, but too often our work does not lead to any production. It all begins in school. All students attend classes, but more often than not, no homework is being done. In other words, students work (=attend classes), but they produce little (homework). Teachers bahave similarly. In order not to have to look seriously at the work done by students, teachers simply assign inflated grades to the work done by students. Students feel great because they firmly believe that they deserve only the best grades. Teachers feel also great because they really do not wish to waste their time on students.  Everybody feels great despite a declining productivity of the educational system. Things are not really that much different in the economy at large.  

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