[ExI] U.S. deeply imperiled due to it's massive debt

Rafal Smigrodzki rafal.smigrodzki at gmail.com
Tue Sep 28 00:44:10 UTC 2010


On Fri, Sep 24, 2010 at 4:56 PM, The Avantguardian
<avantguardian2020 at yahoo.com> wrote:
>
>
> ----- Original Message ----
>> From: Rafal Smigrodzki <rafal.smigrodzki at gmail.com>
>> To: ExI chat list <extropy-chat at lists.extropy.org>
>> Sent: Fri, September 24, 2010 11:12:33 AM
>> Subject: Re: [ExI] U.S. deeply imperiled due to it's massive debt
>>
>> On Tue, Sep 21, 2010 at 3:33 AM, John Grigg <possiblepaths2050 at gmail.com>
>>wrote:
>> > What real hope is there for the United States, due to our crushing
>> > national deficit (our fault) and our growing dependence on China to
>> > buy up that debt?  Are we really an empire in full decline?  Or do we
>> > just face a very painful 5-10 year economic downturn, that we can
>> > overcome if as a nation we learn to "live within a budget" and also
>> > keep Wall Street & corporate America in check. LOL!  I guess we are
>> > screwed...  This video really disturbed me.
>> >
>> >
>>http://fora.tv/2010/07/28/Niall_Ferguson_Empires_on_the_Edge_of_Chaos#Niall_Ferguson_Will_Debt_Trigger_the_Collapse_of_the_US
>>
>> >
>>
>> ### Why would you want to keep corporate America in check? To make things
>>worse?
>
> What or who is corporate America? Multinational corporations have no
> nationality, citizenship, or sense of civic duty. They are simply sociopolitical
> machines designed play national governments against one another whilst funneling
> the wealth of nations into the hands of a few. They lobby for legislation
> in whatever country they want that benefits themselves at the expense of the
> country as a whole. The weakness of western-style democracy is that lobbying is
> cheaper than paying taxes and far more influential than voting. So if government
> of the people, by the people, for the people were to perish from the earth, it
> would probably be their doing.

### Whenever the government of the people and by the people ever
threatens to break out, prudent humans pack up and go elsewhere until
the madness blows over.

Rafal



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