Feudal Societies

Basically, it's when certain people (kings and queens) own the land and the people living on the land have nothing to give to the king except work. The kings of different lands talk to each other because they control the land and this results in trade. Usually it mostly benefits the kings with the taxes and payments for trade going directly to the king. It limits the people of these feudal societies because they don't have the ability or access to trade on a large scale. Most importantly, they don't have the tools to equal the power and reach of the king. Most importantly, it means the king has power over the people.

Change land to money in the above scenario and that's the economic problem of the United States. We've been taken to the cleaners by financial kings and queens who grabbed up all the credit and all most of us can do is work for them. Our consumerism, and now inflation, has reduced privately held savings and put us in a position where we are wholly dependent on the kings to give us goods.

Now we have a choice to overthrow a bankrupt government (hardly likely) or pay for their mistakes. So we pay for their mistakes and then what? We need to use the tools available to us through the internet to overthrow the feudal society encamped in our financial and political realms. We need a government that doesn't spend what it doesn't have or give what it can't afford. Tax cuts don't do any good if the money is sent overseas. Savings don't do any good if you don't spend them. We will all always be consumers but that does not mean we all need to be demanders.

You don't need a Wii. You don't need a Louis Vuitton bag. You probably don't need a new car. You most likely don't need a new house. Start saving or invest in government bonds. If you don't help reduce current debt, you're passing on a greater debt burden to future generations. Our children and grandchildren will be paying off our current debts. If that's not taxation without representation on the greatest scale yet seen by humans, I don't know what is. If that's not one of the main reasons our forefathers revolted against England in the first place, I guess I need to go back to history class.

We're like a bunch of greedy peasants receiving free gifts from the king who has used our land as collateral for a loan. Now he can't make payments and we the peasants have nothing to give even if we do trust them to bring us back to financial health. Yeah, we've been sold but neither have we saved or prepared for this occasion. Our future has been mortgaged but it's not in the hands of other Americans. Guess what'll happen when China or others call in their debts or decide our overvalued currency isn't worth the paper its printed on? Now either invest the $10,000 stuffed in your mattress into America or else grab onto your seats because the government is about to take us on a wild ride. After all, besides the overpriced, namebrand Chinese-made seat that we're holding onto, the government's all we got and it's our fault for making it that way.

We were able to enjoy life without saving anything for the future. Now the future is coming up fast, it's got a head start and "We The People" are once again under the control of the kings. How did this happen? We voted with our wallets on a daily basis.

-- When the people find that they can vote themselves money, that will herald the end of the republic. Benjamin Franklin