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peaceandlove · 09-09-2009, 10:19 AM

An Address To Our Schoolchildren

Tuesday, September 8. 2009
Posted by Karl Denninger

My Fellow Americans.

Today you heard from our President, Barack Obama. Some of your parents voted for him, and most of the rest of the country voted for his opponent, John McCain.

What you heard from President Obama today was a plea for you to pay attention in school and finish your education.

What you did not hear from President Obama today was that your government, together with your school, has refused to provide you with the knowledge necessary for you to understand what has happened to this nation and its economy over the last 30 years.

This is not an accident.

In math class you are taught "the power function", which you think of as squares, cubes, and similar. It is written as 4^2, or, expanded, as 4 x 4.

But what you're not taught is how this applies to finance, even though every household and every American has their own financial challenges, and every person in America should understand how finance works.

Neither Republicans or Democrats want you to see this graph. This is how much each American, from 1970 to today, is in debt because of our government's policies:

Continues: http://market-ticker.denninger.net/a...lchildren.html

09-09-2009, 10:19 AM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	An Address To Our Schoolchildren COMMENTARY by Karl Denninger An Address To Our Schoolchildren Tuesday, September 8. 2009 Posted by Karl Denninger My Fellow Americans. Today you heard from our President, Barack Obama. Some of your parents voted for him, and most of the rest of the country voted for his opponent, John McCain. What you heard from President Obama today was a plea for you to pay attention in school and finish your education. What you did not hear from President Obama today was that your government, together with your school, has refused to provide you with the knowledge necessary for you to understand what has happened to this nation and its economy over the last 30 years. This is not an accident. In math class you are taught "the power function", which you think of as squares, cubes, and similar. It is written as 4^2, or, expanded, as 4 x 4. But what you're not taught is how this applies to finance, even though every household and every American has their own financial challenges, and every person in America should understand how finance works. Neither Republicans or Democrats want you to see this graph. This is how much each American, from 1970 to today, is in debt because of our government's policies: Continues: http://market-ticker.denninger.net/a...lchildren.html Last edited by peaceandlove; 09-09-2009 at 10:58 PM.