Comments on: The “Consumer Economy” Was Always a Mockery

By: Isabel

Isabel — Mon, 02 Feb 2009 00:55:10 +0000

I also have no debt and 100% equity in my home and savings in the bank. Didn't mortgage my equity to buy big screen TV, designer clothes, new cars, vacations, etc.

Problem is, people like me will be paying to bail everyone else out ... and then some ... while our savings become worthless.

So, in point of fact, we are schmucks.

By: Roy

Roy — Tue, 05 Aug 2008 16:24:27 +0000

I'm one of those Americans that still own 100 percent of the equity of the real estate I'm in. Credit idiocy, saw that train coming a long time ago, so no debt. A Subaru that guzzles lightly (and paid for) and a growing fleet of old road bikes for when the time comes. More of us frugal Americans then you would think, listening to the hysterical non-news.

Hey. My fellow Americans that did decide to borrow and spend did not do it at gunpoint. They put themselves there. Tough cookies. They deserve what they are getting.

By: Iconoclast421

Iconoclast421 — Mon, 04 Aug 2008 20:39:54 +0000

Just another chapter in the book of globalist banker movements. Communism, Nazism, Maoism, and our own form of American robber barronism. They're all peas in the same pod.

Corrupt CEOs shattering this country and selling off the bits and pieces. All doing exactly what they were paid to do. Because they are controlled by occult eugenicists who dont care about short term profits.

They destroy the money supply, causing huge budget deficits. That forces states to sell off assets because the globalist controlled media tells them that taxes are bad. (Endless spending is ok though.)

It's just one big scam being run on a population that is too dumbed down to process anything more than "I kissed a girl..."

All of this: predictable. All of this: predicted.

Will this scam end better than those other fraudulent systems? Doubtful. Will it be even more fatal and more destructive to the world, in the end? Probably. Remember, der fuhrer hasn't even arrived yet...

By: Freak'd

Freak'd — Mon, 04 Aug 2008 06:09:32 +0000

I read 'usury' used to be prohibited in most parts of the world and still is in some. Maybe we debt-laden, equity-drained, gas-a-guzzlin aggro American lumpen house-and-SUV-holders could have learned a thing or two. Another more interesting and seemingly self serving financial ethical guideline, endorsed by some groups imply, if I read it right; usury is OK to apply to others but not to your own kind. It's a mad, mad world.