Economic Collapse – Unsustainable says Bernanke
Federal Reserve Chairman Ben Bernanke spoke last week to the Rhode Island Public Expenditure Council. Fiscal sustainability was the issue that Bernanke addressed, but Bernanke claims that the debt load upon America is about to be unsustainable.
Sun Oct 10, 2010
Subject: Before All Hell Breaks Loose by Bernanke
Article from the Economy Policy Journal
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"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion…when you see that in order to produce, you need to obtain permission from men who produce nothing…when you see your laws don't protect you against them, but protect them against you…when you see corruption being rewarded and honesty becoming a self-sacrifice…you may know that your society is doomed." – "Atlas Shrugged"
"Few will have the greatness to bend history; but each of us can work to change a small portion of events, and in the total of all those acts will be written the history of this generation … It is from numberless diverse acts of courage and belief that human history is thus shaped. Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring, those ripples build a current which can sweep down the mightiest walls of oppression and resistance."
~ Robert F. Kennedy