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The American Social Revolution Ahead:
At some point, Americans will start to realise the reality of this debt morass. They will try to count their own individual assets and, at that point, a national panic will take place. Today most Americans have more personal, household and other liabilities than they have assets. Once this sinks in, the US will be at the trigger-line of a social revolution because the physical assets Americans do have control over will, to most, become a life and death matter. To be stripped of them - as so many Americans are now being stripped of their houses – will mean to be left destitute in the street with nowhere to go. It has happened before. It happened during the 1930s when agents of bankers showed up to sell a farm they had repossessed. On the day of the auction, other farmers walked and rode up. They all had guns in their hands. The auction began and there were no bids. Finally, a younger man stood forward and offered one Dollar for the property. Silence. The agents for the bank tried to leave, only to find that they could not. The other farmers were still there and some raised their guns. Another long silence. Then the top man from the bank accepted the one Dollar bid and that one Dollar was handed over to be followed by a bill of sale. The younger man then handed another Dollar to the first farmer and all he said was that the other farmer could pay it back when he was able. The farm changed hands again and, entirely legally, the farm was back in the legal ownership of the original owner with no debts owing. The agents of the bank left in their cars in a cloud of dust. For a long way, they could see men and boys with guns along the roads. At the farm, the other farmers left one by one and went home. There had been no violence, nobody had died. But there would have been dead men if this had not happened and all the men there knew it, the farmers as well as the bank's agents. This happened many times in the 1930s but the history of it has died in silence. In future, when the truth dawns on millions of Americans that the Federal Government is BROKE and unable to pay them what it has promised, the stage is set for streets and cities in chaos as Americans rise in rage and in fear.
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At some point, Americans will start to realise the reality of this debt morass. They will try to count their own individual assets and, at that point, a national panic will take place. Today most Americans have more personal, household and other liabilities than they have assets. Once this sinks in, the US will be at the trigger-line of a social revolution because the physical assets Americans do have control over will, to most, become a life and death matter. To be stripped of them - as so many Americans are now being stripped of their houses – will mean to be left destitute in the street with nowhere to go. It has happened before. It happened during the 1930s when agents of bankers showed up to sell a farm they had repossessed. On the day of the auction, other farmers walked and rode up. They all had guns in their hands. The auction began and there were no bids. Finally, a younger man stood forward and offered one Dollar for the property. Silence. The agents for the bank tried to leave, only to find that they could not. The other farmers were still there and some raised their guns. Another long silence. Then the top man from the bank accepted the one Dollar bid and that one Dollar was handed over to be followed by a bill of sale. The younger man then handed another Dollar to the first farmer and all he said was that the other farmer could pay it back when he was able. The farm changed hands again and, entirely legally, the farm was back in the legal ownership of the original owner with no debts owing. The agents of the bank left in their cars in a cloud of dust. For a long way, they could see men and boys with guns along the roads. At the farm, the other farmers left one by one and went home. There had been no violence, nobody had died. But there would have been dead men if this had not happened and all the men there knew it, the farmers as well as the bank's agents. This happened many times in the 1930s but the history of it has died in silence. In future, when the truth dawns on millions of Americans that the Federal Government is BROKE and unable to pay them what it has promised, the stage is set for streets and cities in chaos as Americans rise in rage and in fear.
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