Harder still it has proved to rule the dragon Money… A whole generation adopted false principles, and went to their graves in the belief they were enriching the country they were impoverishing.
If there is one thing I know, it is that the 1 percent loves a crisis. When people are panicked and desperate and no one seems to know what to do, that is the ideal time to push through their wish list of pro-corporate policies: privatizing education and social security, slashing public services, getting rid of the last constraints on corporate power. Amidst the economic crisis, this is happening the world over. And there is only one thing that can block this tactic, and fortunately, it’s a very big thing: the 99 percent. And that 99 percent is taking to the streets from Madison to Madrid to say ‘No. We will not pay for your crisis.
And the banks—hard to believe in a time when we’re facing a banking crisis that many of the banks created—are still the most powerful lobby on Capitol Hill. And they frankly own the place.
Of the hundred dominant economic units in the world today, the hundred largest economic units—and that’s the word they use, “units”—49 are countries and 51 are corporations.
I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country… Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.
Abraham Lincoln - November 12, 1864
What you foresaw, we are living.
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Our current Public Debt ^
Public Debt per Person: $27,024.71