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My old man always said the middle class was the backbone of every revolution.
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My old man always said the middle class was the backbone of every revolution. -
Let's hope we have the brains to understand what the National Socialists are doing and the gumption to stop them. -
I'd guess the Russian and French probably were but the
two English civil wars were not.
First was between King Steven and Matilda who he had usurped.
Second, Parliament and Charles 1st.
Neither was caused by popular unrest.
(Wars of the Roses was not a civil war)Comment
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From the article:
That sure sounds like an indictment of the practices of the people currently running the country. Did anyone notice the size of the current administration's budget request? And yes, what comes out of Congress probably will be sliced differently but otherwise the same sized pie. The point is, this is not a partisan issue anymore.To this day nobody can explain the logic behind the bailouts during the last financial crisis and what ensued, the world’s central banks monetizing massive government debt and pushing interest rates below zero. The high and mighty pretend this is all normal, but for normal people buying a bond with a guaranteed loss is insane. Microscopic rates force them, against their better judgment, into a stock market that’s crashed twice since the turn of the century, decimating their savings, and now sits at historically sky-high valuations. Here is the “investment landscape” you’re supposed to embrace: lose money or put it on the pass line and hope the Wall Street roll of the dice doesn’t once again come up craps.
Keep spending money you don’t have and inevitably you’ll go broke. Keep making promises you can’t fulfill and inevitably you’ll break them. There are hundreds of trillions of dollars worth of claims on the future out there that have no chance of ever being redeemed, yet the pile continues to grow. The mathematical outcome is as straightforward and devastating as playing Russian roulette with all the chambers loaded.Comment
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