| America's Agenda of Evil; A factual analysis | |
|---|---|
| Topic Started: Nov 4 2012, 09:57 PM (1,229 Views) | |
| Snidely Whiplash | Nov 5 2012, 03:12 AM Post #31 |
![]()
|
Well my take is song long as the expectation is not unreasonable, it's justified. You know we're taught that in our representative democracy, it's for and by the people. In a real sense, yeah we can employ ourselves but the government can do this as well. As for the monetary system, in a personal way, yes we have to be mindful of how me we can spend based on how much we have. In a broader sense though, only the government can print dollars and throughout history various monetary systems have collapsed leaving the authorities to do things like debt forgiveness. In Jewish history I believe they refer to this as jubillee. This all becomes necessary due greed, corruption, and imperfections in any system. |
![]() |
|
| VoiceofReason | Nov 5 2012, 03:29 AM Post #32 |
|
Right, but its not our government that prints money. We borrow from the Fed. The Fed doesn't even bother to base it off of our expected GDP. The government(s) is being held hostage by the banking industry - it's that simple. Exactly, it's all due to greed and corruption in the system. |
![]() |
|
| VoiceofReason | Nov 5 2012, 03:40 AM Post #33 |
|
If you claim the Federal Reserve is the "government", I will end you.
Edited by VoiceofReason, Nov 5 2012, 03:40 AM.
|
![]() |
|
| Snidely Whiplash | Nov 5 2012, 03:51 AM Post #34 |
![]()
|
Well, I don't think I would call it borrow. In fact I wouldn't. Though the Fed is suppose to operate independently outside the political realm, it has to operate within the framework our constitution which places the control of money (or as written, coinage) within the control of government. Thus the line is blurred between this independence and law. It is my belief this confusion allows the PTB to manipulate the public into thinking we owe some nebulous structure or China money. When framed in such a manner, you can manipulate the masses with respect to various programs, and on how much or if they get funded. There is some misunderstanding of monetary operations even with some of our politicians however. Some of this I suspect is the gold standard narrative and the Perot line about goverment spending being like a household budget, when it isn't. I do agree that the polticians in general are captives of the finance sector. Sen Dick Durbin essentially said as much when he said the banks rule this place (congree). |
![]() |
|
| VoiceofReason | Nov 5 2012, 03:52 AM Post #35 |
|
I use the term borrow because it has to be repaid, with interest. And though its namely a blend of federal and private, that's true in name only. The Fed acts independently, and does not report to Congress in actuality. Remember, when the Fed was asked where the bailout money went specifically? They refused to give the info. I really liked Ron Paul's position on the Fed. He should've organized a write-in campaign. Edited by VoiceofReason, Nov 5 2012, 03:55 AM.
|
![]() |
|
| Snidely Whiplash | Nov 5 2012, 03:55 AM Post #36 |
![]()
|
It is government money hun. The goverment prints the money or marks up accounts. The governments protects the currency with the secret service. At any time to government can rewrite the game but system serves the powers that be very well. |
![]() |
|
| VoiceofReason | Nov 5 2012, 03:58 AM Post #37 |
|
It's money backed by the government. It's not government money. There's a difference. If it were government money we could simply not charge ourselves interest, and shave points off the deficit. |
![]() |
|
| VoiceofReason | Nov 5 2012, 03:59 AM Post #38 |
|
Our politicians cannot rewrite the game at any time because the system has become a hamster wheel. It would be too disruptive to the world economy for the US to make sweeping changes like that. We're hostages. We have to play along.
Edited by VoiceofReason, Nov 5 2012, 04:01 AM.
|
![]() |
|
| VoiceofReason | Nov 5 2012, 04:01 AM Post #39 |
|
G'night.
|
![]() |
|
| Snidely Whiplash | Nov 5 2012, 04:21 AM Post #40 |
![]()
|
Yes, I know the federal reserve is somewhat of a misnomer but it is still government money. The government doesn't need it's own currency in order to spend. Lemme go at this another way. The goverment can't collect more than it has issued. This repayment argument is really not of the level of consequence being placed on it. If the goverment decided to have 0 debt in dollars tomorrow, it would have to tax and fee every one with dollars to get it's currency back. All the debt and deficit is, is balance sheet accounting. The government issued x dollars via the fed and taxed and received only x -n dollars back. N being the dollars kept in savings accounts. The interest argument coming out tht idea that for example we borrowed money for the bank of china is a nothing argument. So china buys us government bonds that will acrue a certain amount of interest once maturity is reached, no problem. The goverment can always meet on time and in full all payments in us dollars. We are the creators or the currency we control and as long as the paymeny is in doillars, the treasury will simply mark the accounst of china to the value of the bonds. Treasury Bonds and such used as a money raising schemes are relics of a gold standard we are no longer on. Then it was necessary because our currency was tied to a commodity and we had to be careful. In our fiat monetary system, it is not an issue. However the dollar get's it's value from being the only currency the government accepts in payment for taxes. One could argue that it's a currency backed by force as opposed to gold. The force coming through the IRS. So as for the reluctance of the fed to answer questions, it is part of the corrupt system. Nothing is above the constitution including the fed. However because our system has been so corrupted by money, these politicians would be affected by any revelation on what is being done with the trillions being handed out. A good read, and I have read excerpts as well as heard the author is a book called "Debt, The First 5000 Years". It's on my xmas wishlist. Also TIR, look up modern money theory. |
![]() |
|
| 1 user reading this topic (1 Guest and 0 Anonymous) | |
| Go to Next Page | |
| « Previous Topic · General Discussion · Next Topic » |







3:24 PM Jul 11