80 Trillion of Unfunded liabilities - 'The trouble with socialism is that eventually ... you run out of other people's money" Margaret

dumb thatcher surely she oughta realise debt is fictitious.

the fiscal order is debt.

debt is private wealth simples

WOW ... if you ALWAYS do .... what you ALEADY DID... you always get... what you ALREADY HAd!

We need some NEW ENERGY!

Try using your first language. English isn't your friend.

5 stars OP, exellent Sat. morning doom.

The federal reserve racket is not socialism its been here for almost 100 years bleeding us dry...

And we waive our flags at the very bandits that we think are fighting the common enemy of socialism.

Socialism, communism, capitalism or any other form of society based on MONEY, is doomed to fail.

Money represent the SOURCE of : greed, crime, coruption, poverty.

No matter WHAT TYPE OF SOCIETY we are in now (because sure as hell is NOT capitalism) or we WILL BE IN, as long as is based on money (in ANY FORM) will undoubtely fail.

As I see it now, not only the elites but like 95% of the poors and what is left from middle class, cannot grasp the concept of a society without money.

However, they will have to understand it AND embrace it, otherwise we ar fucked hard.

I agree with the OP that it is all insane, but I must say that it won't matter who runs the United States (or any other nation for that matter) - the system hasn't been 'working' ever since the the 30s. Its all based on a stupid notion of perpetual exponential growth. A four year old can see that it is impossible to maintain.

The 'Boomer' generation have enjoyed the fraudulent and illusionary 'success' of the system post-war, but it was always going to end like this. The problem is that those in charge of the governments, banks and big corporation have grown-up knowing nothing else; they think the last five or six decades have been 'normal', whereas really they were the aberration.

Trying to get back to that 'normality', as they are indeed trying to do, is simply compounding the negative effects and making everything worse. There is no 'nice and easy' answer to any of this, and the only realistic outcomes lie far outside of most people's expectations.

:Priceless:

:Bernak is money :

Don't a lot of those 80 trillion of unfunded liabilities include medicare and social security payments?

How are US citizens going to go broke receiving social security and medicare benefits?

the math is pretty clear. without debt mass wealth reach a lesser decimal. debt props there private wealth order. the fiscal, commodity market holds the sham. debt kaput same time the earth reaches a cataclysmic episode. debt is fictitious

but I got a free phone

Face it we have to collapse, a lot of people will die, before the rest wake the fuck up

:5stars:

Insane!!!

sad how most people are unwilling to or don't have the courage to see the truth for what it is. Fiat money < Lawful money everytime. Most morons can't understand this because they only understand economics at the most basic levels if at all. In their minds they see that they can obtain material goods using federal reserve notes so therefore the notes must have value. not realizing the only thing of value is your surety for the debts you are discharging. It's thing like this that the moron who put up the sovereign debunking thread fail to understand.
The devil will always rob you with slight of hand and make you think it was all your doing.

You guys dont get it.................You dont run out of other people's money when you have a printing press......

It's all just numbers on computers. Socialist numbers, capitalist numbers. The numbers that represent something you own have meaning because they represent REAL PROPERTY. The numbers that are not collaterallized are just numbers in computers.

bring on the crash

I find it humorous that the left finds the pie to finite when talking about profit, wealth, or property. They believe that for one to have more, another must by no fault of his own, have less. However; when we come to the idea of debt, well then the pie is limitless.

They seem to be missing the giant pink elephant in the room.
If I can create debt, which is a function of profit/loss and it can keep growing until one entity can own all the finite wealth, then where are the debts coming from?

And since debt can be limitless, well you see the problem.

It would seem that a world economy created on the foundation of fiat currency with no intrinsic value is the only world where limitless debt can exist.

Hey alright finally someone isnt a moran.

The isms are the misdirection for you to focus on. Thing thats funny is all these financial guys are in such hard core denial.

MONEY HAS NO VALUE. Its plainly obvious at this point. Who gives a fuck if theres 100,000,000,000,000,000,000,000,000 of debt because
DEBT ISNT EVEN REAL.

Fact is theyve held on to it for so long they dont wanna look like they were morans their entire life. Sorry guys, you were. Stupid your entire life. Time to wake up and join reality with the rest of us.

Last Edited by Fatstogie on 09/29/2012 11:24 AM

IS BARACK HUSSEIN OBAMA MY BROTHER???


YES!!!


WOULD BARACK HUSSEIN OBAMA SAY I AM HIS BROTHER???


LETS SEE BY HIS OWN WORDS...


HE TALKS...


AND HIS WORDS ARE PROTECTED...


BUT LOOK AT WHO HE INVITES TO THE WHITE HOUSE....


LOOK AT THOSE WORDS....


THAT IS THE ANSWER....




WHAT DO I DO WITH THAT ANSWER???


WASH THIER FEET!!!


WHY???


THE ULTIMATE SACRIFICE...


TO SHOW PERFECT LOVE...


UNCONDITONAL LOVE...


THE LOVE OF JESUS CHRIST...



NOT THE DIVISIVE LOVE I HAVE BEEN SHOW...


FOR DIVISIVE LOVE IS A HOUSE DIVIDED AGAINST ITSELF...


CAN NOT STAND!!!!



BUT, THE HOUSE OF PERFECT LOVE....


UNCONDITIONAL LOVE...


"THE LOVE" OF JESUS CHRIST....


CAN STAND AGAINST ALL DIVISIVNESS...


THIS IS "THE LOVE" FOR ONES BROTHER!!!

OP's delusion that the puppet in chief has a say in any important matters is indicative of what fucktards the 99 % are

WHO IS HE???

WHY DOES "THE OBAMANATOR"...

WORSHIP THIS GUY???

LET SEE???



Saul David Alinsky (January 30, 1909 – June 12, 1972) was an American community organizer and writer. He is generally considered to be the founder of modern community organizing, and has been compared to Thomas Paine as being "one of the great American leaders of the nonsocialist left."[4] He is often noted for his book Rules for Radicals.



In the course of nearly four decades of political organizing, Alinsky received much criticism, but also gained praise from many public figures. His organizing skills were focused on improving the living conditions of poor communities across North America. In the 1950s, he began turning his attention to improving conditions of the African-American ghettos, beginning with Chicago's and later traveling to other ghettos in California, Michigan, New York City, and a dozen other "trouble spots".



His ideas were later adapted by some U.S. college students and other young organizers in the late 1960s and formed part of their strategies for organizing on campus and beyond.[5] Time magazine once wrote that "American democracy is being altered by Alinsky's ideas," and conservative author William F. Buckley said he was "very close to being an organizational genius."[4]



HISTORY...



Alinsky was born in Chicago, Illinois in 1909 to Russian Jewish immigrant parents, the only surviving son of Benjamin Alinsky's marriage to his second wife, Sarah Tannenbaum Alinsky.[6] Alinsky stated during an interview that his parents never became involved in the "new socialist movement." He added that they were "strict orthodox, their whole life revolved around work and synagogue ... I remember as a kid being told how important it was to study."[4]



Because of his strict Jewish upbringing, he was asked whether he ever encountered antisemitism while growing up in Chicago. He replied, "it was so pervasive you didn't really even think about it; you just accepted it as a fact of life." He considered himself to be a devout Jew until the age of 12, after which time he began to fear that his parents would force him to become a rabbi. "I went through some pretty rapid withdrawal symptoms and kicked the habit ... But I'll tell you one thing about religious identity," he added. "Whenever anyone asks me my religion, I always say—and always will say—Jewish."[4]


his parnets force him to become a rabbi....


mental or physical difficulty...


violation of sauls freewill....


turned him to the dark side...


can you be jewish and on the dark side????


yes!!!!



evidence???


every chapter in the old testement....


WHERE THE JEWS CONSTANTLY TURN FROM "THE TRUTH"...


WHICH IS DEATH!!!



EDUCATION...



He worked his way through the University of Chicago, where he majored in archaeology, a subject that fascinated him.[4] His plans to become a professional archaeologist were changed due to the ongoing economic Depression. He later stated, "Archaeologists were in about as much demand as horses and buggies. All the guys who funded the field trips were being scraped off Wall Street sidewalks."[4]



After attending two years of graduate school he dropped out to accept work for the state of Illinois as a criminologist. On a part-time basis, he also began working as an organizer with the Congress of Industrial Organizations (C.I.O.). After a few years, by 1939, he became less active in the labor movement and became more active in general community organizing, starting with the slums of Chicago. His early efforts to "turn scattered, voiceless discontent into a united protest aroused the admiration of Illinois governor Adlai Stevenson, who said Alinsky's aims 'most faithfully reflect our ideals of brotherhood, tolerance, charity and dignity of the individual.'"[4]



As a result of his efforts and success at helping slum communities, he spent the next 10 years repeating his organization work across the nation, "from Kansas City and Detroit to the barrios of Southern California." By 1950 he turned his attention to the African American ghettos of Chicago, where his actions would later earn him the hatred of Mayor Richard J. Daley, although Daley would later say that "Alinsky loves Chicago the same as I do."[4] He traveled to California at the request of the San Francisco Bay Area Presbyterian Churches to help organize the black ghetto in Oakland. Hearing of his plans, "the panic-stricken Oakland City Council promptly introduced a resolution banning him from the city."[4]



In the 1930s, Alinsky organized the Back of the Yards neighborhood in Chicago (made infamous by Upton Sinclair's novel The Jungle for the horrific working conditions in the Union Stock Yards). He went on to found the Industrial Areas Foundation while organizing the Woodlawn neighborhood, which trained organizers and assisted in the founding of community organizations around the country. In Rules for Radicals (his final work, published in 1971 one year before his death), he addressed the 1960s generation of radicals, outlining his views on organizing for mass power. In the opening paragraph of the book Alinsky writes, "What follows is for those who want to change the world from what it is to what they believe it should be. The Prince was written by Machiavelli for the Haves on how to hold power. Rules for Radicals is written for the Have-Nots on how to take it away."[7] Alinsky did not join political parties. When asked during an interview whether he ever considered becoming a Communist party member, he replied:







Not at any time. I've never joined any organization—not even the ones I've organized myself. I prize my own independence too much. And philosophically, I could never accept any rigid dogma or ideology, whether it's Christianity or Marxism. One of the most important things in life is what Judge Learned Hand described as 'that ever-gnawing inner doubt as to whether you're right.' If you don't have that, if you think you've got an inside track to absolute truth, you become doctrinaire, humorless and intellectually constipated. The greatest crimes in history have been perpetrated by such religious and political and racial fanatics, from the persecutions of the Inquisition on down to Communist purges and Nazi genocide.[4]



Nor did he have much respect for mainstream political leaders who tried to interfere with growing black–white unity during the difficult years of the Great Depression. In Alinsky's view, new voices and new values were being heard in the U.S., and "people began citing John Donne's 'No man is an island.'" He observed that the hardship affecting all classes of the population was causing them to start "banding together to improve their lives," and discovering how much in common they really had with their fellow man.[4] Alinsky once explained that his reasons for organizing in black communities included:







Negroes were being lynched regularly in the South as the first stirrings of black opposition began to be felt, and many of the white civil rights organizers and labor agitators who had started to work with them were tarred and feathered, castrated—or killed. Most Southern politicians were members of the Ku Klux Klan and had no compunction about boasting of it.[4]



Alinsky's tactics were often unorthodox. In Rules for Radicals Alinsky wrote, "[t]he job of the organizer is to maneuver and bait the establishment so that it will publicly attack him as a 'dangerous enemy.'" According to Alinsky, "the hysterical instant reaction of the establishment [will] not only validate [the organizer's] credentials of competency but also ensure automatic popular invitation."[8] After organizing FIGHT (an acronym for Freedom, Independence [subsequently Integration], God, Honor, Today) in Rochester, New York,[9] Alinsky once threatened to stage a "fart in" to disrupt the sensibilities of the city's establishment at a Rochester Philharmonic concert. FIGHT members were to consume large quantities of baked beans after which, according to author Nicholas von Hoffman, "FIGHT's increasingly gaseous music-loving members would hie themselves to the concert hall where they would sit expelling gaseous vapors with such noisy velocity as to compete with the woodwinds."[10] Satisfied with the reaction to his threat, Alinsky would later threaten a "piss in" at Chicago O'Hare Airport. Alinsky planned to arrange for large numbers of well dressed African Americans to occupy the urinals and toilets at O'Hare for as long as it took to bring the city to the bargaining table. According to Alinsky, once again the threat alone was sufficient to produce results.[10] Conceding that his tactics were "absurd," the community activist rejected the contention that they were frivolous, arguing "[w]hat oppressed person doesn't want, literally or figuratively, to shit on his oppressors? [At the Rochester Philharmonic] was the closest chance they'd have. Such tactics aren't just cute; they can be useful in driving your opponent up the wall. Very often the most ridiculous tactic can prove the most effective."



Alinsky described his plans in 1972 to begin to organize the white middle class across America, and the necessity of that project. He believed that what President Richard Nixon and Vice-President Spiro Agnew called "The Silent Majority" was living in frustration and despair, worried about their future, and ripe for a turn to radical social change, to become politically-active citizens. He feared the middle class could be driven to a right-wing viewpoint, "making them ripe for the plucking by some guy on horseback promising a return to the vanished verities of yesterday." His stated motive: "I love this goddamn country, and we're going to take it back."[4]



Alinsky's own words, from his 1946 "Reveille for Radicals",[11] capture his perspective, his motivation, and his style of engagement:





•A People's Organization is a conflict group, [and] this must be openly and fully recognized. Its sole reason in coming into being is to wage war against all evils which cause suffering and unhappiness. A People’s Organization is the banding together of large numbers of men and women to fight for those rights which insure a decent way of life. . . .











•A People's Organization is dedicated to an eternal war. It is a war against poverty, misery, delinquency, disease, injustice, hopelessness, despair, and unhappiness. They are basically the same issues for which nations have gone to war in almost every generation. . . . War is not an intellectual debate, and in the war against social evils there are no rules of fair play. . . .











•A People's Organization lives in a world of hard reality. It lives in the midst of smashing forces, dashing struggles, sweeping cross-currents, ripping passions, conflict, confusion, seeming chaos, the hot and the cold, the squalor and the drama, which people prosaically refer to as life and students describe as 'society'.








The documentary The Democratic Promise: Saul Alinsky and His Legacy,[12] states that "Alinsky championed new ways to organize the poor and powerless that created a backyard revolution in cities across America." Alinsky formed the Industrial Areas Foundation (IAF) in 1940, and Edward T. Chambers became its Executive Director after Alinsky died. Since the IAF's formation, hundreds of professional community and labor organizers and thousands of community and labor leaders have attended its workshops. Fred Ross, who worked for Alinsky, was the principal mentor for Cesar Chavez and Dolores Huerta. Other organizations following in the tradition of the Congregation-based Community Organizing pioneered by IAF include PICO National Network, Gamaliel Foundation, and Direct Action and Research Training Center (DART).[13][14] Hillary Clinton's senior honors thesis on Saul Alinsky, written at Wellesley College, noted that Alinsky's personal efforts were a large part of his method.[15]



Several prominent American leaders have been influenced by Alinsky's teachings,[14] including Ed Chambers,[12] Tom Gaudette, Ernesto Cortes, Michael Gecan, Wade Rathke,[16] and Patrick Crowley.[17] Alinsky is often credited with laying the foundation for the grassroots political organizing that dominated the 1960s.[12] Jack Newfield writing in New York magazine included Alinsky among "the purest Avatars of the populist movement," along with Ralph Nader, Cesar Chavez, and Jesse Jackson.[18]



Biographer Sanford Horwitt has claimed that U.S. President Barack Obama was influenced by Alinsky and followed in his footsteps as a Chicago-based community organizer. Horwitt furthermore has asserted that Barack Obama's 2008 presidential campaign was influenced by Alinsky's teachings.[19]




Adam Brandon, a spokesman for the conservative non-profit organization FreedomWorks, which is one of several groups involved in organizing Tea Party protests, says the group gives Alinsky's Rules for Radicals to its top leadership members. A shortened guide called Rules for Patriots is distributed to its entire network. In a January 2012 story that appeared in The Wall Street Journal, citing the organization's tactic of sending activists to town-hall meetings, Brandon explained, "his tactics when it comes to grass-roots organizing are incredibly effective." Former Republican House Majority Leader Dick Armey also gives copies of Alinsky's book Rules for Radicals to Tea Party leaders.[20]





In 1969, he was awarded the Pacem in Terris Peace and Freedom Award.



Alinsky died of a sudden, massive heart attack in 1972, on a street corner in Carmel, California, at the age of 63. Two months previously, he discussed life after death in his interview with Playboy:[4]







ALINSKY: ... if there is an afterlife, and I have anything to say about it, I will unreservedly choose to go to hell.





PLAYBOY: Why?





ALINSKY: Hell would be heaven for me. All my life I've been with the have-nots. Over here, if you're a have-not, you're short of dough. If you're a have-not in hell, you're short of virtue. Once I get into hell, I'll start organizing the have-nots over there.





PLAYBOY: Why them?





ALINSKY: They're my kind of people.



SAL DEDICATED HIS BOOKS TO SATAN...


"THE OBAMANATORS" MASTER IS SATAN!!!

SAL'S PLAYBOOK SAYS...

"THE FASTEST" WAY TO DISTROY A PEOPLE IS TO DISTROY "THE CURRENCY...

WHEN "THE CURRENCY" IS DISTROYED...

"THE PEOPLE" ARE DISTROYED...

MISSION ACCOMPLISHED!!!

"THE OBAMANATOR" HAS DONE THIS...

NOW IS "THE TIME" FOR "THE OBAMANATOR" TO MOVE IN FOR "THE KILL"!!!

WHAT???

START KILLING PEOPLE...

AND BURNING "THE BODIES"...

JUST LIKE ALL GOOD COMMUNIST DO!!!

READ YOUR HISTORY...

Obama has to be re-elected. He needs to continue to live in the style in which he has become accustomed! Lol.
Yes. That's a B!!!!!
[link to www.inquisitr.com]

Stop patronizing peoples decision what to pay and what not.
Each ism is engaging in such.

The reason behind is if you do not patronize, the rich would pay nothing to the whole.

The solution with debt making is a workaround to that problem. You know it's reality.

its communism for the rich and privileged.

i.e. unequal taxation and subsidies for industry and already freakin wealthy farmers (in germany).

DON'T WORRY ABOUT OP'S DELUSION...

YOU'LL BE DEAD SOON ENOUGH...

GAME OVER...

YOU LOSE!!!

I GUESS THIS IS THE 1%

COMMUNIST ALWAYS KILLS THIER SUPPORTS FIRST...

READ YOU HISTORY...