As I explain in “If I Were President…” (http://perfecteconomy.com/pg-if-i-were-president.html
), how to arrest world wide monetary collapse in a day… the real solution here is to refinance all private debt under mathematically perfected economy™, where, as I have already explained in this page, the people will thus service their rectified debts on the scale of $1,000 per year or $83.33 per month for every $100,000 of debt against property having a hundred year lifespan.
Obviously then Mr. Krugman, without any irresponsible spending whatever, so much further liquidity would exist amongst us merely for eliminating unearned taking from the system, that we would not be losing our homes by the tens of thousands per day, we would not be losing our jobs. We would be employing ourselves far further; and we would readily accomplish the objects of programs you advocate require government aid, simply by eradicating the destruction and dispossession unassented government all the same while imposes upon us.
The propositions laid on the table by both parties of betrayal persist only in two courses to the same dire consequences. Mr. Obama hopes the accomplishments we would otherwise be capable of will succeed if we heap more artificial debt upon us. True to the recent even more destructive thrust of the usurpers, Mr. McCain advocates “privatization,” which is a pretentious veil over further unearned taking, which of course is the present curse of our republic.
The hope of the American People, and even the world then, rests on a distant possibility.
Whether these are just words, history will tell. But Mr. Obama asks us to believe not just in his ability to fix Washington — he asks us to believe in ours.
The only tangible thing on that table therefore, is that we can hold Mr. Obama accountable to his ostensible promise that given its own reign, our republic will choose the only road to solubility and sustainability.
That’s a pitiful chance at rectitude to bemuse, in a republic established by the likes of Mr. Jefferson.