Simple but complicated

[bungafoo]

http://rt.com/programs/keiser-report...t-debt-greece/

Terry (unauthorized) June 22, 2011, 09:49

If a despotic power incurs a debt not for the needs or in the interest of the State, but to strengthen its despotic regime, to repress the population that fights against it, etc., this debt is odious for the population of all the State.

This debt is not an obligation for the nation; it is a regime's debt, a personal debt of the power that has incurred it, consequently it falls with the fall of this power.

The reason these "odious" debts cannot be considered to encumber the territory of the State, is that such debts do not fulfill one of the conditions that determine the legality of the debts of the State, that is: the debts of the State must be incurred and the funds from it employed for the needs and in the interests of the State.

"Odious" debts, incurred and used for ends which, to the knowledge of the creditors, are contrary to the interests of the nation, do not compromise the latter — in the case that the nation succeeds in getting rid of the government which incurs them — except to the extent that real advantages were obtained from these debts. The creditors have committed a hostile act with regard to the people; they can't therefore expect that a nation freed from a despotic power assume the "odious" debts, which are personal debts of that power.

There is more than ample evidence that our people and our politicians have been usurped by AIPAC and it's friends with their agenda to use us for the well being and enrichment of their own diaspora.

They have engaged us in unnecessary wars and have sold off many of our resources, destroying our economy, in their effort to destroy our sovereignty.

Identifying the culprits and removing them from political power; defaulting on debt they incurred for their own benefit and not in the national interest, is our only hope for survival as a nation we were once proud of.