king: a little history:

the original European funded colonies in this new world were started by entrepreneur capitalist. they came here mostly from France, Spain, Portugal and of course England, which included the subjugated kingdoms of Ireland, Scotland and Wales.

the colonies flourished under a plantation based entrepreneur system. later, the ever westward bound fledgling United States also flourished, with the acquiring of wealth via hard work and capital investment. the crisis of 1860 was a show down between the original plantation based capitalist of the south east and the upstart manufacturing based capitalist of the north east. the manufacturing capitalist prevailed, just in time to take advantage of the full economic impact of the industrial revolution.

our manufacturing based capitalist economy did quite well until the 1990's, when it was decided to give up our manufacturing based economy and replace it with a service based economy. a strong capitalist economic system is based on a balanced production of goods and services. since the late 1990's our economy has been out of balance...ie: not enough hard goods are being produced for profit in this country.

now, instead of revitalizing our manufacturing base, in order to bring our economy back into balance, our leaders are attempting to fund our economic growth via a combination of government employment and deficit financing...the ability to create wealth via the printing press is a wonderful thing, for a while. but, once the world will no longer accept our paper as legal tender...then its all over and down the economic crapper we go...

Last edited by ed good; 10/21/13 05:30 PM.
keep it simple and keep it safe...