Replies to post #175107 on Tornado Alley (PROG)

[SilverSurfer]

We are not much different from Europe and see what is happening there as the debt for benefits overwhelms...

Most major decisions are determined by political agendas that ignore economic and financial realities. This is at the core of the "welfare state" mentality of an aging population that is more concerned about receiving the pensions/ health benefits/ social payouts that were promised to them by the system than anything else.
Older voters, who determine elections, punish pols if what has been promised is under threat. For this reason political leaders will maintain their agendas regardless of whether said agendas go against financial or economic realities (or common sense for that matter) until these agendas begin to have real negative consequences for their political careers.


http://gainspainscapital.com/

[SilverSurfer]

a 12 year old Canadian Girl explains it in a way you may be able to understand.... http://www.infowars.com/even-a-12-year-old-knows-the-truth-about-public-banking/