Why are we accepting that we have to have a credit system?

EXACTLY...poeple need to start walking upright again and stop acting as beaten slaves to a debt system. Fair wages for Fair work & pay as you go is the best policy.

Debt keeps the rich man wealthy and the everyone else working twice as hard for 1/2 the pay.

The question is not why should we have a credit system.. it is..

Why do we have fractional reserve banking?

Why do we have Keynesian economists still in bed with the government after 50+ years of their failures?

Why do we loan money to the government when they steal from us?

Why do we need to bail out businesses that are using their labor and capital poorly?

But, credit has been around for hundreds of years, hell since roman times they had a credit system too.. Put it simply it is a person that is willing to forgo what they have now for a better position later vs a person that wants something now and will pay more for it later.

Because the kids are now the mom and dads

.

And the toys that they want to buy are more than they have in their wallet

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Or it is on sale for 50% off

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Or it is Buy one get one free

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Or it is something that they liked how it looked and wanted to try it

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And all these reason give need to use a credit card cause they don't have the money in the wallet or bank to do so

.

So

Charge It

.

Is the cheer cry of the day

.

Since we're in to trillions to China, I guess we need to stay on the horses that brung us--to the edge of this cliff.

Lemmings is the new name is for the Dem's