Why won't anybody listen to this man? Many people are asking that question these days as the debt ceiling gets ready to expire. Frankly, the reasons should be obvious. First, almost every person living in this country today, and those in power, have only lived in an economy funded by debt - personal debt, private debt, & government debt. Mortgages, credit cards, car loans, and margin accounts fuel the world economy. Debt is so ingrained in everything we do, that we cannot imagine living without it. Can you imagine buying a home without a mortgage? Suggest that to your friends, and see what reaction you get! Well, 100 years ago that is exactly how most people purchased a home. You could get a mortgage, but you had to put down 50% for a term of only 5 years! After the Great Depression, nobody could get a mortgage.
The point is not to go back 100 years. The point is that we are "debt zombies" who wander the city in search of the next credit card to eat. We need debt to survive, or so we have been taught. Ever watch a documentary about a cult leader who brainwashed his followers into doing terrible things, and wonder how anyone could let that happen to them? Look in the mirror folks, because each of us has been brainwashed. Ron Paul is the outsider who enters the cult and starts shaking people telling them to "wake up, this is not right"! Of course, nobody will listen, as expected.
Ben Bernanke is the cult leader, along with other politicians. They are not as evil as a cult leader, because they are just doing what their job description tells them to do. It is the system that is the problem, and they are just puppets in the system. Their actions are very predictable, and unfortunately, the result will not be much better than many of those cults we see on TV. The only good news is that you can protect yourself if you are willing to "wake up".
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Debt Ceiling, Ron Paul Speech, Debt Crisis, Debt Limit, National Debt, Debt Speech
