If you can delude yourself by believing that there is some kind of Santa Claus out there who is going to bail you out in the end, then it will help you get through. Even if you are proven wrong in the end, you would have had a better life [than a non-believer].
Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.
During the air war of 1944, a four-man combat crew on a B-17 bomber took a vow to never abandon one another no matter how desperate the situation. The aircraft was hit by flak during a mission and went into a terminal dive, and the pilot ordered everyone to bail out. The top turret gunner obeyed the order, but the ball turret gunner discovered that a piece of flak had jammed his turret and he could not get out. The other three men in his pact could have bailed out with the parachutes, but they stayed with him until the... Read more »
Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.
There's always a moment in any stand-up show I do where people are booing. They kinda boo a premise. And then I bail myself out with a joke. But it's like trying to do movies where there's a dramatic undertone.