We are witness to the end of an empire, an empire built on debased currencies, the substitution of debt and credit for gold and silver, and human greed. In the approaching end, the dying and damaged system built by bankers in collusion with governments will fall by its own hand.
The cost of prolonging its stay, however, will be steep. The attempted US $700 billion bailout of the bankers is only one step in the escalating and futile attempts of governments and bankers to preserve their immense power and wealth. It would do us well, especially now, to remember that our welfare is not their concern.
The little guys won a big fight with the defeat of the BAILOUT package (They don't call it a bailout anymore; it's a "rescue"). Let's only hope the celebration is not short lived.
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