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  #21  
Old 11-24-2008, 07:28 AM
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Originally Posted by Colts Fan
Excellent video. I'm sure golfhobo, our resident socialist, will be very disturbed.
First... I am not a socialist.

Second.... I am not yet overly disturbed, as I have not yet seen anything I didn't already know.

However.... I have not yet taken the time to view the 2 hour video. Maybe this coming weekend. I took the advice to start with the shorter 47 minute "primer."

I have no real problem with money being created as debt. That is really no different than a barter system. We pledge to work our lives away to pay for a house built today or the new car we want to drive. That is our choice.

The thing that jumped out at me in this shorter video was when they showed the guy burying his money, and essentially said that "hoarding" the money is what would collapse or affect the "system." That is exactly my beef with the capitalists that run the businesses/industry in our country. [The super rich that Dubya wants to give welfare to.]

If a company borrows money (created by the banks) to build a factory and purchase raw materials, etc. to produce a product.... the debt should be repaid out of those profits BEFORE any money is "banked" or paid out to CEO's as bonuses. If this were being done, they wouldn't all be lined up now looking for a bailout.

Once that debt is repaid, the profits should not be "hoarded" but put back into circulation through job creation or wage increases. This would go along way towards eliminating welfare and poverty..... and more personal debt. Our labor would be worth more, and our need to borrow would be less.

I am not one that says we should return to the gold standard. What is gold but a shiny rock that was arbitrarily chosen to represent value? (could have just as easily been FISH.) What is the REAL value in this country and the world, is the labor of the workforce. (Remember that slaves were once considered an "asset" for that very reason.)

With an ever-increasing population, there SHOULD in fact be more wealth to be created. But.... ONLY if there are JOBS to work at.

None of this is to say that I excuse the "usury" of the banks. But, I do believe they need to make a "reasonable" profit for the service they provide. And I have for a LONG time questioned why our government has to pay interest on money borrowed when the collateral is in fact a promise of the citizenry to pay the taxes necessary for a prudent government.

It is not the creation of money (i.e. value) by the banks that I object to. That is how industries are built, jobs created, and infrastructure developed. It is the overspending by the government, and the hoarding of capital by the richest that place burdens on the common man.

I look forward to learning more about how others are coming to see what I have known, by watching the other videos... now that I have upgraded to road runner.

But, so far, I am no more surprised, confounded, or enlightened than I was in high school physics class.

Of course, I was not one who thought the banks only lent out money they had on deposit.
 
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  #22  
Old 11-24-2008, 07:31 AM
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Oops, I'm sorry Bel. Was that response to "long windy" for you to follow? Sorry, I can't "dumb it down" to a child's book version for you. :lol:
 
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  #23  
Old 11-25-2008, 12:17 AM
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" . . the protests would continue until the government stepped down."

"They don't have our trust and they are no longer legitimate."

"We had a good country and they ruined it."


Source: http://news.scotsman.com/world/A-nea...ent.4722970.jp


Oh how I long for the day!
 
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  #24  
Old 11-25-2008, 12:31 AM
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Originally Posted by golfhobo
I have no real problem with money being created as debt.
The Constitution is quite clear as to who bares the responsibility for coining the loot. It falls to Congress and not into the hands of private bankers.

The private bankers (federal (not) reserve (none)) deserve no place at the table. They provide no valuable service and yet are guaranteed a slice of the pie regardless of the quality of the pie.

The reasonable fee for their "services" is every single cent any/every working American pays in Federal Income Tax. Every penny!

Our "debt" is to them and not to our Country. I have a problem with that.
 
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  #25  
Old 11-29-2008, 09:30 PM
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IF WE DON'T LEARN FROM HISTORY...

This is over my head, but a good discussion of banking, and the legislation that steals your future.

McFadden accused the Federal Reserve of swindling the U.S. Treasury, of conspiring with their foreign principals (central banks in other nations) and others to defraud the American government. Thus, the charges I would make against the Federal Reserve in 2008 were first made in 1932 by a U.S. Congressman.
...
As if that were not enough, McFadden further told his compatriots on the House floor that the Fed had “…robbed the U.S. government and the people of the United States by their theft and sale of the gold reserves of the U.S.”
http://newswithviews.com/guest_opinion/guest134.htm
 
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  #26  
Old 11-29-2008, 11:45 PM
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newsvithviews.com = Christian radical right.
 
  #27  
Old 11-30-2008, 06:07 PM
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Originally Posted by Rev.Vassago
newsvithviews.com = Christian radical right.
We need more of them.
As we die off, the world is seeing the fruits of evil.

Whether you know it or not, the fruits of evil are hitting you hard, today.

But, in 1 or 2 years, these will look like the good old days.

In 3 or 4 years, you won't remember the good old days.

You don't believe it, even as it is happening.
Right before your very eyes...

May God have mercy on your soul, and mine.
 
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  #28  
Old 11-30-2008, 11:39 PM
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Originally Posted by 2
We need more of them.
No, we really don't. The radical right is no better than the wacko left. The truth lies somewhere in the middle. Somewhere your website that you lined never treads.
 
  #29  
Old 12-13-2008, 05:01 PM
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Originally Posted by 2
We need more of them.
As we die off, the world is seeing the fruits of evil.

Whether you know it or not, the fruits of evil are hitting you hard, today.

But, in 1 or 2 years, these will look like the good old days.

In 3 or 4 years, you won't remember the good old days.

You don't believe it, even as it is happening.
Right before your very eyes...

May God have mercy on your soul, and mine.
My apologies.
My time estimate was likely flawed - big time.

By next summer, we will have a new currency and the dollars in your pocket will be worth dimes.
The G20-meeting held in Washington on November 14/15, 2008, is in its essence a historical indicator that the Western - above all Anglo-Saxon - monopoly on global economic and financial governance, is coming to an end.
...
Without a complete overhaul of the system inherited from 1944 by summer 2009, the failing of the current system and that of the United States at the center, will lead the whole planet to an unprecedented economic, social, political and strategic instability, and more specifically to a breakdown of the global monetary system by summer 2009. In light of the technocratic jargon and calendar of the declaration released after this first G20-meeting (totally disconnected from the speed and scope of the unfolding crisis (1)), it is more than likely that the disaster will have to happen for the fundamental problems to be seriously addressed and for the beginning of a reply to be initiated.
 
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