Alan Simpson, Wyoming Republican Senator who became co-chair of President Obama’s deficit commission, called senior citizens the “Greediest Generation” as he compared Social Security to a Milk Cow with 310 million teats. This career politician’s comments illustrates the entire problem why we do not have a democracy. These people rig the game to get elected, pretend to be “representing the people”, yet quickly see themselves as THE government and hence opposed to the people. Alan Simpson has a pretty low opinion of the people that have PAID into Social Security all their lives and now expect to get something back. If anyone in the private sector sent up a fund, you gave them your money, but when you ask for it back they call you a greedy bastard. That is call FRAUD outside in the real world. But this is what we are facing. Not the risk of HYPERINFLATION because they have the bankers demanding “real” cash, so they simply flip the facts and call you a greedy worthless individual because you dare to have believed their promises.
This is why when the dust settles from this catastrophic collapse in socialism as took place with Rome who also promises pensions and could not pay, remember one thing. We need a REAL democracy and that means brief one-year terms one-time only where the people oversee the bureaucrats. Everything possible should be privatized to eliminate the erosion of our rights by the bureaucrats.
No matter what civilization you investigate, the common thread if corruption leads directly to the bureaucrats and the judges. Ind China, it was the minister Chao Cuo (? – 154BC) who under the previous emperor Ching-ti (Liu Ch’i)(157-141BC), earned the hatred of other ministers after he introduced 30 new laws. All of these laws were against the people furthering the power of the bureaucrats. The outrage was so intense, Chao Cuo was dragged out of his prestigious office and executed in wearing his judicial robes in the town marketplace. There was far greater resistance toward changing the laws in China than there was in Rome.
President Barack Obama’s bipartisan deficit commission lashed out at seniors for having the audacity to expect to receive what they were promised. As I have said before, what we face is the breakdown of society. You will PRAY for HYPERINFLATION before this is over because they politicians would print money and try to honor their promises. We are headed in the opposite direction that has historically always been the case when empires, nations, and city states collapse from debt.
The Wiemar Republic and Zimbabwe were unable to sell their debt and in fact Germany was a communistic revolutionary government that had no bonds because who in their right mind would have lent them even a pair of shoes when they were inviting Russia to come take Germany?
The attitudes emerging in Europe, Canada, USA, and Japan among politicians is indeed the same that we are expecting too much. This is the danger of career politicians. This is the real cause behind even Julius Caesar crossing the Rubicon. Like the press today, they spun stories to demonize Caesar when in fact all the Italian cities opened their gates and cheered him on while the politicians fled Italy.
https://www.armstrongeconomics.com/693-2/2012-2/anatomy-of-a-debt-crisis/
