Jonock's Blog : Questions?

The bond between the citizens and their country, at the minimum, consists of a basic set of requirements and duties. On the citizens part there is support for the country both financially and through civic actions. In return the country promises: 1- To represent the citizen’s interests at the international level and 2- At the national level it issues paper promissory notes that we exchange for goods and enforce the laws of the land. This paper issued by a government is only as good as the citizen’s confidence in the promise of the country to make good on these promissory notes. If a country, through tyranny, or in our case over extension, becomes unable to fulfill this promise then the bond between the citizen and the country is lost. Has the recent actions of the United States of America compromised its ability to make good on this promise with it’s citizens? Is our promissory notes now just paper? Is there no authority to force fulfillment of shares offered by companies to meet their obligation to purchasers? Can you redefine capitalism whenever you like?