Is it time to bite the bullet?

When you have sold off all your assets to the corporate world, where does a government turn in order to raise capital? To debt of course! The world bank and the rich minority that controls the worlds finances are the only winners here. The governments keep coming up with new ways to tax us in order to fund their debts but how long can that go on? The cost of living is already becoming too much for a lot of families to bear. Sadly, it is probably going to take a world depression to turn things around as the current system of spend, spend, spend, is not going to work long term. Short term stop gaps are only going to keep things going for so long. It is going to take a drastic change in the way things at all levels are done and that will probably not happen until it is too late and situations are beyond desperate. I have said it before and will say it again. We all need to become more self sufficient in all areas of life. That is the only way I feel we can protect ourselves.

99% of the voting public would never think to ask where the money is coming from, or even what money is. So why would any government enlighten them? To do so would attack the very foundations of our society.

I sincerely doubt anyone in our government will tell us the truth. But I just don't get some of these bizarre pork projects that get approved, you know, the ones that benefit maybe 10 people? But then I think I might consider running for the House or Senate-I'll get lifetime healthcare, even if I don't do a damn thing but finish out my term. Now THAT'S what I call a severence package! :D

The government has the money to fund basic infrastructure, schools, and defense, but unfortunately the huge bureaucracy wastes so much money on welfare, social security, and medicare that we are going bankrupt. When the government finally realizes it can't provide everything to everyone we will have a balanced budget and no debt. But no politician who wants to cut people's welfare checks will ever get elected, because people won't vote for less money in their pocket.

http://www.youtube.com/watch?v=NzLIz27GqWs I posted that link because you asked who owned all the debt. I fully realize that anyone who speaks about a 'conspiracy' of the elite is automatically dubbed a crazy nutcase. But many who are wiser than I have pointed out the ties of national banks to the powerful banking families of Europe. What is the purpose of concentrating all the wealth of the world into the hands of a few powerful families? Power to start wars, oftentimes funding both sides, power to influence governments, owning the media and education, thereby spreading propaganda aimed at instilling fear and submission to government, power to determine the future of the world into a New World Order? YOu are correct. The money hasn't run out though. They just control it all. They are now 'squeezing' us into submission by manipulating the economies of the world.

Politicians are like that, they do any thing just to keep their post as deep-rooted as possible it can be. As an Asian in a 3rd world country, I have to accept anything now that life has to offer. I can see that even those rich countries are now suffering from hardships that resulted from the mismanagament by some politicians. As a result, we, the people who pay taxes honestly are the ones who are really suffering. We are the end-users or the shock absorbers of those products erred by the current and previous administrations. All I can do now is to move forward and election is just around the corner and I'm still hopeful about things to come.

I don't think they will ever bite the bullet. I think they will continue on until we are all in ruin or owned by someone else.

Most governments have enough money for infrastructure, essential services etc. Fact is they don't use it for their own people/country but as a loan to others, for helping out countries who will never pay back, for investments who turn out to be not an investment at all, they waste a lot of money on things we don't need, or buildings/roads/railway stations who suddenly/in the end cost 10 times more, the government itself is paying themselves way too much, etc etc. They will never admit that because they don't care about their own country, they only care about what "others" say or think and if they will make it into the next history book. And yes most countries are bankrupt, but the governments keep saying nothing is going on. The USA is bankrupt since months but everybody has forgotten that, now is Europe more interesting.. I wonder btw if a country can really be bankrupt. Those countries are still there, the government still spends a lot of money on useless things, there are people living, working, paying taxes. They don't care if they lose their seats since after the next vote they are back again. Over here never 1 group is able to reign it's always a combinations of .. so in the end nothing changes. At this moment we don't have a government at all till the next elections so it's not allowed to reign, accept new rules etc but still they do. It's the best example of the fact that they don't care about their voters at all. They even say they don't care.