Our childrens' future.

[no1_vern]

Whats wrong with having our children pay for our excesses/spending? Its not like they wont be able to handle it, AND we get the benefits of continuing to enjoy our profligate lifestyles.

[Creatures]

your government is just not hard enough against those who were living on debts, over here you dont even get to own anything you have to give ALL up and you work your life long to pay of your debts, that's how it works over here, maybe i missed something but it seems it's not really like that over there

Creatures

[GroundZero3]

You don't own anything? You don't own that computer you are typing or or the clothes that you wear? What about that food you purchased for dinner last night? Who owns that? The government?

[Creatures]

You don't own anything? You don't own that computer you are typing or or the clothes that you wear? What about that food you purchased for dinner last night? Who owns that? The government?

the moment you have debts which you can not pay back (bankruptcy), you have to sell everything non essential (or forced to) and you work to pay your debts, it's pretty harsh

Creatures

[GroundZero3]

Ahhhhhhh okay, your last statement was very broad

My understanding is they have made it harder to file for bankruptcy here, which is a huge hit to your credit score if you do. However im not sure if it has made a difference since Ive never done it.

[Disley]

Isn't this what has happened.

If the American people ever allow private banks to control issue of their currency, first by inflation, then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson in the debate over The Re-charter of the Bank Bill (1809).

The banks have caused this crisis,and still seen to be profiting from it.