What will it take to have the people of the earth want to learn the truth of an economic system that must burden them with more debt? And what will it take for us to have the courage to act against it. Maybe it’s because we don’t actually see that we’re already drowning in debt that our interest is elsewhere. Maybe it’s just people’s nature to not worry too much about the rising water until they start having difficulty holding their head above it. I find it difficult to believe that we can’t see the problem.
Maybe it’s because we've all been so conditioned to having our government look after the farm that we just “have faith” that they’ll be able to remedy the problem – eventually. But doesn’t that fit into one of the many definitions of sanity?
Insanity: Doing the same thing over and over again and expecting different results. Albert Einstein
It seems to me that in Canada
The situation reminds me of stories we hear from time to time where some wealthy family has hired a financial advisor to look after their accounts while they take a world tour. As the family tours different parts of the world they become concerned only for the amount of pleasure that comes from their adventure.
Then one day as the family travels through some foreign land they present their credit card to pay for their hotel room for that night and the desk clerk informs them that the requested funds were not approved. Upon investigation they find that the advisor has lost most of their wealth. Devastated, they return home only to find that the situation is worse than originally thought. The Financial advisor has not only lost the wealth they had but has indebted the family to such a degree that they’ll be working for years just to get out of the hole that’s been dug for them.
Most of our elections have been more about getting rid of the bad than embracing the good. And when what seemed like the best of our options turns worse than their predecessor we again vote to get rid of the bad with the hope that the new will somehow be better; and again, and again… We keep repeating this process and expecting different results.
Maybe it’s not who, but what. Maybe the result would be the same no matter who we elected. Maybe we’re in a boat and we’ve been electing people to row it. The only thing these people need to do is keep the boat afloat and keep it heading in a forward direction. But now we’re starting to sense that something is wrong. Our boat seems to be floundering and riding lower in the water. Could we be sinking?
We check the bilge and find that even though the pumps are working the water is rising. The people who we’ve elected say that they’re working to get the situation under control and expect to remedy the problem soon. But as the water keeps rising we begin to worry. Finally someone says that they know what the problem is and if they only had the chance, they would put things back to normal in no time. So we get angry at those we judge as ineffective and place our hope in another. Time passes, and again, usually for similar reasons, we’re angry at that one and low and behold, when our anger starts to become apparent, a new upstart steps forward with assurances that they and their gang have the answer. And all this time the water’s rising.
After all these years we desperately wonder if anyone will ever be able to stem the leak. Everyone has failed so far so maybe we should look for the source of the problem – just what is leaking.
The water that’s filling the bilge in this simplified scenario represents the debt that is sinking our nation. In our scenario the water is entering the bilge. In our real world money is exiting our economy. Both slow things down and make movement difficult. No matter who we elect to fix the problem, the result is the same. Money exits and debt rises. Maybe we should find this mysterious black hole that keeps siphoning our money out of existence.
I’ll tell you a secret. I’m pretty sure I know where the black hole is and how it’s creating our debt. Where is it? It’s in every bank and credit union in the land. How does it create debt? It takes more money out of our economy than is ever put into it. What’s it called? Its name is usury. Can we stop this loss? Yes we can.
But first we need to put ourselves back in school so to speak to learn how usury robs us. We cannot just accept someone’s word. That’s what got us here in the first place. An aid to this learning may be the formula for debt.
P – (P + I) = D
Principal minus (Principal plus Interest) equals Debt.
Usury demands that more money leaves the system than was originally brought into it. Debt must be the result of this insane system. Study the formula for debt at the following link.
Without your participation we are lost at sea.
Comments to the author are welcomed. david.ealing@gmail.com
