From: Canuck57@nospam.com   
      
   Our governments, US and Canada are now in a deadly embrace with low   
   interest rate fraud and money print fraud.  All for debtors greed.   
   Money is never "free", someone always pays.  In this cash the worship of   
   fraudulently cheap and easy debt, society is paying the price with a   
   depression economy.   
      
   Here is why.  A retiree say has saved up $2M for retirement.  in 2004   
   @5% interest rates this would generate $100K and lots of taxes.  And no   
   OAS as it is clawed back.  Further, they are in a sustainable cash flow   
   for retirement so they spend, generating jobs.   
      
   However in 2011, $2M isn't going to generate a taxable income, OAS   
   payments start and taxes down and expenses up for the government.  Like   
   I say, low interest rates are not free.  And since they spend less, they   
   consume less they also employ less.  Worse, if people find a job in a   
   soft job market it will be paying a whole lot less and that means less   
   tax revenue.   
      
   The bar of business earnings is lowered with low interest rates.  And   
   businesses with lower earning pay less taxes.  Plus they face   
   inflationary pressures and often cannot pass along the costs for market   
   price elasticity, so they pay less less taxes and maybe even in a loss   
   situation lay off more people.   
      
   But people love easy low cost debt, an addiction driven by greed really.   
     Gotta have more easy debt, the deadly embrace.  As the road to wealth   
   has fewer bricks of debt as you pass over to wealth.  Only the road to   
   poverty is paved with debt.  Take 1.3 billion Chinese with a combined   
   civic, provincial and federal debt of only $1.55 trillion.  To ass, they   
   have a $2.6 trillion in foreign loans and reserves as assets leaving   
   them in the positive no net debt situation.  Like India, Brazil and   
   China low debt nations are doing well.   
      
   Back to money print fraud for cheap debt.  Money print to lend money   
   generates inflation.  And sooner or later it creates a "wall of money".   
     This money is disruptive and destabilizes the markets.  If it falls,   
   hyper-inflation will result.  It will fall in time.   
      
   If you or I did this practice, we counterfeit and pay our monthly debts   
   with it.  Oh, it is disguised as a loan, but the reality is government   
   prints it as debt.  The reason this is done is no one in their right   
   mind lends government real money at 1% in a 5% inflation environment,   
   that represents a non-deductible value loss of 4% plus taxes.  A wealth   
   tax for debt.  Hidden and vicious destruction of your wealth.  Fiat   
   money print fraud.   
      
   Many countries have tried this through the ages and not one ended up   
   better, in fact all went bankrupt if they stuck with it too long.   
   Zimbabwe, Iceland are recent examples.  Asian currency crisis is another   
   from a few decades ago, and none of these crisis ended until money print   
   fraud was stopped and interest rates raised.   
      
   While people loath the 1980-82 interest rate spike, it did slow down   
   inflation and stopped the insane debt borrowing.  Interest rates need to   
   float as a governance to excessive debt.  But currently this is broken   
   because of BoC and US Fed money print fraud.   
      
   Basically our governments screwed not only us, but they screwed   
   themselves.  They lowered interest rates in 2007 when in fact they   
   should have raised them.  The result is the depression we have today.   
      
   Japan tried this.  Incomes in Japan have been stagnant for 20 years.   
   Yet inflation continuously erodes their standard of living.  They call   
   this "Japans lost decades" if you want to look it up and read more.   
      
   Fact is debt isn't the answer, DEBT IS THE PROBLEM.  Too much fraud debt   
   being passed on to the producers.  Too man consumers, not enough   
   producers.  Why invest in a depreciating economy, in a depreciating   
   economy, with a tax greed hammer over your head for a pitiful 2% return?   
     Fact is, park your money in gold or oil...something real that holds   
   value in the face of fiat currency fraud.   
      
   Government kept growing like nothing happened, and did the worse thing   
   possible, debt spent and bailout corruption. Now, government is too big   
   for our society to support.  Government really only has two choices,   
   downsize or wait until the people revolt.   
      
   While people are in a mass delusional state that more debt is the   
   answer, it will fail and more will realize the fraud our central banks   
   and debt worshipers are dealing us.  When this occurs, real changes will   
   occur.   
      
   I am ready...just waiting for more to realize the fraud being placed the   
   tax-slaves and the productive.   
      
   --   
   Obama, enslaving Americans with debt-tax slavery for a spending binge.   
   Doesn't even borrow real money, Bernanke just creates it like a   
   counterfeiter. .   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)