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If this were a republican
Message
From
31/08/2016 17:26:15
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
 
 
To
31/08/2016 16:47:19
General information
Forum:
Politics
Category:
Events
Miscellaneous
Thread ID:
01639789
Message ID:
01640296
Views:
39
>>I know that you constantly like to beat this drum. Not my fault. In the future, I will ignore you every time you repeat it.

That's the problem: boomers have ignored this elephant in the room until it turned into a Blue Whale thrashing in agony. And now you'll continue ignoring it? That'll work.

>> Shall I infer from your statement that you don't see a problem with our national debt going to 30 trillion?

Have you considered that the US is too big to fail? In any case, "how the worm turns." Here's a excerpt from James Clavell novel Noble House talking about huge Soviet accumulation of debt in the 1960s when $1B was a frighteningly large amount. Suslev is a Soviet controller, de Ville is his sleeper agent in a successful corporation.

-------
deVille moved the newspaper out of the way and sat in the armchair. "Did you read about the bank runs?"
Suslev beamed. "Yes, tovarich. Marvelous."
"Is it a KGB operation?"
"Not to my knowledge," Suslev said jovially. "If it is there's promotion for someone."
It was a key Leninistic policy to pay particular attention to Western banks that were at the core of Western strength, to infiltrate them to the highest level, to encourage and assist others to foment disaster against Western currencies but at the same time to borrow capital from them to the utter maximum, whatever the interest, the longer the loan the better, making sure that no Soviet ever defaulted on any repayment, whatsoever the cost.
...
"Listen," Suslev said... "In January I was at a top echelon meeting in Moscow. Banking was high on our list. At our last count we're indebted to the capitalists nearly 30 billions in loans—most of that to America."
DeVille gasped. "Madonna, I had no idea you'd been so successful."
Suslev's smile broadened. "That's just Soviet Russia! Our satellites are in for another 6.3 billions. East Germany's just got another 1.3 billion to purchase capitalist rolling mills, computer technology and a lot of things we need."
He laughed, drained his glass and poured another, the liquor oiling his tongue.
"I really don't understand them, the capitalists. They delude themselves. We're openly committed to consume them but they give us the means to do it. They're astonishing. If we have time, twenty years—at the most twenty—by that time our debt will be 60, 70 billions and as far as they're concerned we'll still be a triple-A risk, never having defaulted on a payment ever … in war, peace or depression."
He let out a sudden burst of laughter. "What was it the Swiss banker said? 'Lend a little and you have a debtor—lend a lot and you have a partner!' 70 billions, Jacques old friend, and we own them. 70 and we can twist their policies to suit ourselves and then at any moment of our own choosing the final ploy: 'So sorry, Mr. Capitalist Zionist Banker, we regret we're broke! Oh very sorry but we can no longer repay the loans, not even the interest on the loans. Very sorry but from this moment all our present currency's valueless. Our new currency's a red ruble, one red ruble's worth a hundred of your capitalist dollars. . . .' "
Suslev laughed, feeling very happy. ". . . and however rich the banks are collectively they'll never be able to write off 70 billions. Never. 70 plus by that time with all the Eastern Bloc billions! And if the sudden announcement's timed to one of their inevitable capitalistic recessions as it will be … they'll be up to their Hebrew bankers' noses in their own panic shit, begging us to save their rotten skins."
He added contemptuously, "The stupid bastards deserve to lose! Why should we fight them when their own greed and stupidity's destroying them. Eh?"
DeVille nodded uneasily. Suslev frightened him. I must be getting old, he thought. In the early days it was so easy to believe in the cause of the masses. The cries of the downtrodden were so loud and clear then. But now? Now they're not so clear. I'm still committed, deeply committed. I regret nothing. France will be better Communist.
Will it?
--------
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us.
"
-- Shakespeare: Coriolanus, Act 1, scene 1
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