Monday, June 8, 2009

Martin Armstrong – Anatomy of a Debt Crisis…

This paper dives way back in time to the Roman Empire and centers around the history of Julius Caesar’s time. Armstrong is compiling quite the history collection, it’s too bad the people in power are not so well informed!

Armstrong points out that Caesar was faced with a debt crisis yet did not have the “monetary tools” that we have today. Thus he was forced to come up with a solution that would work and be most fair to all parties involved. He may have paid the ultimate price for that action as Armstrong points out many of the politicians of that time period were also some of the largest creditors who suffered from his ruling.

And I’d like to point out that yet another person has stated that government and the private economy need to be separated, or as Armstrong puts it, “we need a divorce!” No kidding, I believe we need an Amendment that separates corporations and their money from State.

I understand that Martin is looking tired and stressed lately. He missed his daughter’s wedding and that is evidently taking an emotional toll. He wanted to point out that one of Sonia Sotomayor’s few real rulings was to keep him imprisoned despite having already served far more time than the maximum for the crime of which he was being accused.

Bad karma’s a bitch, welcome to Washington Sonia, have a nice trip?


Here’s your evening reading, enjoy the unique perspective of history…




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