The world will survive. But is it going to be a better place? If Fannie and Freddie are allowed to continue then the answer is certainly no.Actually I am quite positive. Positive the current world banking system has to be thrown out just like Greece is doing. The united states should also remove the federal reserve and the federal government should start a new currency. As I outlined before. A currency based on real resources. Currently the federal reserve creates money out of thin air and loans it to corrupt institutions such as Fannie and Freddie.They in turn use those book entries to destroy property rights and alter property ownership. Thats not cool with me. The public is going to get fed up with the double standards that big banks can and did commit huge crimes of fraud and 0 punishment for the perps. The public and that includes you would rather join in with the devil they think they know instead of the god they should know. Greece has it right. If it is gonna get ugly then I rather see banks destroyed than a civil war. We have 2 up and coming presidential candidates and neither could or will fix the root problems. So what is a person to say? The sun will come out tomorrow? Gee I wish we could all just get along? It's always darkest before the dawn. Now the bankers are getting the United States into another war in Iran. For what? To protect the nation of Israel who is an illegitimate country . If they want to threaten their neighbors then they should be left to reap what they sow. And by the way,that nation was set up by the evil bankers to control the worlds oil supply. Just like Fannie and Freddie were set up to control our nations mortgage market and be the fall guys for the fraud.
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