Hi Goku,
Quote:
Originally Posted by goku
the government doesn't want to fix anything, they want everyone dependent on them.
how else could america be distroied?
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If we look into the main changes over the past 20 years or so we can see what started the ball rolling with regards to the Global Financial/Economic Crisis, from the Australian perspective.
(1) Robert Maxwell used 800 million of his employees superranuation/pension fund to prop up his empire. Now that is legal courtesy of the Ex Prime ministers brother and National textiles.
(2) In 1991 Bank Fees and Charges were just starting to be introduced by our banks and only reaped millions. With no concern about double/trebble dipping etc (leveraged leasing and depreciation) from the government they now reap tens of billions per annum.
(3) Our Hospitals/Schools/Universities had the fiscal leadership functions removed from the chief specialists and senior practical experts in the field (Deans, Surgeons, Headmasters etc). These functions were replaced with Administrations that had as their major priorities concentrating power and the empire building typical of rampant bureaucracy.
So now, as the vehicles of our society race towards the chasm, the solution is to step down the accelerator even harder than before, in some fantasy solution straight out of hollywood. With happy bought out passengers their only idea is the counterintuitive gamble, keep on doing what caused the problem and escalate it, double or nothing.
What lies on the other side of this chasm that our politicians? is it nirvana, utopia or economic hell?
The only really responsible thing to do is to Audit the global financial system and put the stake through the heart of any financial instruments/ploys that only work when the market is going up. This is the big decision our politicians avoid like the plague because they are in denial that they caused the problem in the first place.
In view of our global politicians collective myopia the only real solution available today is the other side of the chasm. As I said earlier, all of the funny money, once their mechanisms have been disabled and disallowed, when bought out by the global governments, should all be rolled into the Mars Colonisation and Mining Company as long term investments.
At least in 20 to 30 years they should be worth something that can be used to pay back the public for our politicians incompetence.
