Post by firecracker on May 25, 2013 21:43:15 GMT -5
Harrisburg, PA is in the same boat. But the state will not let it file bankruptcy. Instead, to pay off the big boy bond holders, it is requiring Harrisburg to sell off its assets. Parking garages, parking meter revenues, and numerous other income producing assets that will ensure that it will not be able to generate sufficient revenue in the future. Meanwhile, police are cut, crime is skyrocketing, and former trendies who decided to move into the city for convenience and services, are bailing out, selling or leasing their units, letting the city to the Section 8 housing and homeless. The homeless inhabit the underpasses, cutting exhaust systems from the cars of the city and state workers who must park there because they work here in the capitol. How do we stop this? The legislators are bought and paid for. Contracts are being broken at every level from the Federal on down. And bankers are in control as they bleed out their money off the top and let the bottom rot. This is the story of every city everywhere who operated on borrowed money. Even those of us who do not live in the city are affected, because every interaction of a state agency where we must travel to the capitol has now become dangerous. Taking cash to pay back taxes before they auction your real estate? Walking blocks from the available parking? Great way to end up a statistic.
Post by somersdave on May 26, 2013 17:22:46 GMT -5
Watching the video brought to mind another recent Dr. Stan interview, this time with Lindsey Williams. I've been pretty skeptical about the pastor, particularly after he came out with some real BS over the 'Deep Water Horizon' disaster - but it was interesting to hear a theory about the creation of oil being 'abiotic' (as I think is favoured in Russia).
Anyhow, Lindsey talks about the 'elite' wanting everyone in such debt that they are so gripped with fear, that they are unable to think clearly and will accept whatever solution is given to them. That proposition I can totally accept, on the basis that the current financial problems are not the product of recklessness, greed and stupidity. At one level, that notion is true - 'people' become so caught up in the 'good times' that they stop thinking (if they ever started) and believe the hype. Our moron chancellor Brown claimed to have abolished 'boom and bust' and the schmucks believed him! At another level though, it seems pretty clear that the whole mess has been engineered. Looking at Blair, who I think has done massive damage to the UK, I believe he fits the model of amenable politician as described in Carroll Quigley's often quoted book 'Tragedy and Hope' (an inside insight into the long term plans of the 'dark side') in that, having left office and executed his orders, he is now reaping his rewards - particularly with a £2million pa sinecure with big, bad bank JP Morgan (as Quigley described).
I fear local government - the subject o the video, in the form of Stockton, CA - (and national) more than private corporations as one can simply decide not to use what the latter are providing (hidden GMO might be an exception) if they get too greedy but with gov. one has no choice.
Here's the Lindsey Williams interview (one point he makes is that the 'elite' have some code whereby they must tell you what they are going to do - even if it is not too obvious. That fits with what other people say; these people love to boast about what they are up to):
Interesting the bit about car exhausts being stolen - presumably to get the precious metal content. To me 'cats' are an example of flawed (corrupt?) thinking (which has the effect of costing the public more and producing more CO2). Putting platinum in car exhausts seems obscene - lean burn makes far more sense (but when did that ever come into consideration?). Bravo to Mrs Thatcher - a chemistry graduate - for trying but we had to have what the EU wanted.
Last Edit: May 27, 2013 3:29:01 GMT -5 by somersdave